Which of the Following Was One of the Issues That

question 9

Multiple Choice

Which of the following was one of the issues that was resolved by the decision in Salomon v.Salomon Ltd.,[1897]A.C.22 (H.L.) ?

• A) whether incorporation can be undertaken to limit risk of business bankruptcy
• B) whether shareholders are prohibited from becoming highly protected creditors of the company
• C) whether companies with few shareholders could be recognized as separate legal entities
• D) whether shareholders are totally responsible for their own as well as the entity's obligations

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Definitions:

Psychological Construct

An abstract concept or category used to describe and understand psychological phenomena that are not directly observable, such as intelligence or motivation.

Comparative Research Framework

A methodology that involves comparing two or more groups, entities, or cases, in real-life or experimental settings, to draw conclusions about their similarities or differences.

Psychological Variables

Factors that can be varied or measured in experiments or studies that reflect emotional, cognitive, and behavioral aspects of individuals.

Majority White

Descriptive term for a population, group, or area in which White individuals constitute the largest racial group but not necessarily more than half of the total population.