Veil of Incorporation – NBC Institute

BL – Nov 2020 – L1 – SA – Q4 – Company Law

Objective question testing knowledge on instances where a court may disregard corporate personality.

Question

4. A situation in which the court would disregard the distinction between the personalities of a company and its members is
A. Subrogation
B. Alienation
C. Lifting the veil of incorporation
D. Disregarding the law
E. The rule in Foss vs. Habbotle

Answer

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Tags: Company Law, Corporate Personality, Legal Principles, Veil of Incorporation
Level: Level 1

Topic: Company Law
Series: NOV 2020

BL – Nov 2014 – L1 – SB – Q4c – Sale of Goods

Explain two conditions for lifting the corporate veil and two duties of a seller in a sale of goods contract.

Question

i. Upon incorporation, a company enjoys a corporate personality, separate from its owners.
Required:
Explain any TWO conditions under which the veil of incorporation of a company may be lifted.
(5 Marks)

ii. Parties to a sale of goods transaction owe certain duties under the law.
Required:
Explain any TWO duties of a seller in a sale of goods contract.
(5 Marks)

Answer

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Tags: Corporate Personality, Sale of Goods, Seller’s Duties, Veil of Incorporation
Level: Level 1

Topic: Sale of Goods
Series: NOV 2014

BCL – Nov 2015 – L1 – Q4 – Legal Implications Relating to Companies in Difficulty or in Crisis

Discuss the circumstances under which the courts may lift or pierce the veil of incorporation of a limited liability company.

Question

What are the reasons for which the courts are prepared to lift or pierce the ‘veil of incorporation’ of a limited liability company? (20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Structure, Legal Liability, Veil of Incorporation
Level: Level 1

Topic: Legal implications relating to companies in difficulty or in crisis
Series: NOV 2015

BL – Nov 2020 – L1 – SA – Q4 – Company Law

Objective question testing knowledge on instances where a court may disregard corporate personality.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Personality, Legal Principles, Veil of Incorporation
Level: Level 1

Topic: Company Law
Series: NOV 2020

BL – Nov 2014 – L1 – SB – Q4c – Sale of Goods

Explain two conditions for lifting the corporate veil and two duties of a seller in a sale of goods contract.

Question

ii. Parties to a sale of goods transaction owe certain duties under the law.
Required:
Explain any TWO duties of a seller in a sale of goods contract.
(5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Personality, Sale of Goods, Seller’s Duties, Veil of Incorporation
Level: Level 1

Topic: Sale of Goods
Series: NOV 2014

BCL – Nov 2015 – L1 – Q4 – Legal Implications Relating to Companies in Difficulty or in Crisis

Discuss the circumstances under which the courts may lift or pierce the veil of incorporation of a limited liability company.

Question

What are the reasons for which the courts are prepared to lift or pierce the ‘veil of incorporation’ of a limited liability company? (20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Structure, Legal Liability, Veil of Incorporation
Level: Level 1

Topic: Legal implications relating to companies in difficulty or in crisis
Series: NOV 2015

Question Tag: Veil of Incorporation

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BL – Nov 2020 – L1 – SA – Q4 – Company Law

Objective question testing knowledge on instances where a court may disregard corporate personality.

BL – Nov 2014 – L1 – SB – Q4c – Sale of Goods

Explain two conditions for lifting the corporate veil and two duties of a seller in a sale of goods contract.

BCL – Nov 2015 – L1 – Q4 – Legal Implications Relating to Companies in Difficulty or in Crisis

Discuss the circumstances under which the courts may lift or pierce the veil of incorporation of a limited liability company.

BL – Nov 2020 – L1 – SA – Q4 – Company Law

Objective question testing knowledge on instances where a court may disregard corporate personality.

BL – Nov 2014 – L1 – SB – Q4c – Sale of Goods

Explain two conditions for lifting the corporate veil and two duties of a seller in a sale of goods contract.

BCL – Nov 2015 – L1 – Q4 – Legal Implications Relating to Companies in Difficulty or in Crisis

Discuss the circumstances under which the courts may lift or pierce the veil of incorporation of a limited liability company.

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Question Tag: Veil of Incorporation

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BL – Nov 2020 – L1 – SA – Q4 – Company Law

Objective question testing knowledge on instances where a court may disregard corporate personality.

You're reporting an error for "BL – Nov 2020 – L1 – SA – Q4 – Company Law"

BL – Nov 2014 – L1 – SB – Q4c – Sale of Goods

Explain two conditions for lifting the corporate veil and two duties of a seller in a sale of goods contract.

You're reporting an error for "BL – Nov 2014 – L1 – SB – Q4c – Sale of Goods"

BCL – Nov 2015 – L1 – Q4 – Legal Implications Relating to Companies in Difficulty or in Crisis

Discuss the circumstances under which the courts may lift or pierce the veil of incorporation of a limited liability company.

You're reporting an error for "BCL – Nov 2015 – L1 – Q4 – Legal Implications Relating to Companies in Difficulty or in Crisis"

BL – Nov 2020 – L1 – SA – Q4 – Company Law

Objective question testing knowledge on instances where a court may disregard corporate personality.

You're reporting an error for "BL – Nov 2020 – L1 – SA – Q4 – Company Law"

BL – Nov 2014 – L1 – SB – Q4c – Sale of Goods

Explain two conditions for lifting the corporate veil and two duties of a seller in a sale of goods contract.

You're reporting an error for "BL – Nov 2014 – L1 – SB – Q4c – Sale of Goods"

BCL – Nov 2015 – L1 – Q4 – Legal Implications Relating to Companies in Difficulty or in Crisis

Discuss the circumstances under which the courts may lift or pierce the veil of incorporation of a limited liability company.

You're reporting an error for "BCL – Nov 2015 – L1 – Q4 – Legal Implications Relating to Companies in Difficulty or in Crisis"

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