What Was the Main Rule That Was Established in Gilford

question 5

Multiple Choice

What was the main rule that was established in Gilford Motors v Horne (1933) ?

• A)The corporate veil can be lifted if the company was used as a 'sham' to breach a contract.
• B)A person who was the main shareholder and director of a company could also be an employee of the company.
• C)A director who takes no part in the daily business of the company may be liable for debts it incurs when it was insolvent.
• D)A company is separate from the person who controls it.

---

Definitions:

-ician

A suffix used to denote a practitioner or specialist in a certain field of study or profession.

-ist

A suffix used to denote a specialist in a certain field or a follower of a particular doctrine or method.

Combining Vowel

A vowel, often 'o', used in medical terms to ease the pronunciation between word roots and suffixes or between multiple roots.

Dentalgia

Pain located in a tooth or teeth, commonly known as toothache.