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      Question

      Salomon v. Salomon & Co. established which core

      principle?Β 
      A Ultra vires doctrine Correct Answer Incorrect Answer
      B Lifting of corporate veil Correct Answer Incorrect Answer
      C Separate legal personality Correct Answer Incorrect Answer
      D Constructive notice Correct Answer Incorrect Answer
      E Indoor management Correct Answer Incorrect Answer

      Solution

      Salomon established that a company has a separate legal identity distinct from its members.

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