liable for the company's debts

  • 121History of slavery — The history of slavery uncovers many different forms of human exploitation across many cultures throughout history. Slavery, generally defined, refers to the systematic exploitation of labor traced back to the earliest records, such as the Code… …

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  • 122Slavery in India — The history of slavery in India is complicated by the presence of factors which relate to the definition, ideological and religious perceptions, difficulties in obtaining and interpreting written sources, and perceptions of political impact of… …

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  • 123Literary references to Nainital — The town of Nainital (in British times Naini Tal or Nynee Tal), India was founded in 1841 by P. Barron, a sugar trader from Shahjahanpur. By 1846 the church St John s in the Wilderness was founded and a hill station had begun to flourish. Among… …

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  • 124Corporate personhood debate — The corporate personhood debate refers to the controversy (primarily in the United States) over the question of what subset of rights afforded under the law to natural persons should also be afforded to corporations as legal persons.Opponents of… …

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  • 125History of Rhodesia — The history of Rhodesia extends from Prime Minister Ian Smith s unilateral declaration of independence in 1965 to the transition to majority rule in 1979.Declaration of independenceDespite several attempts to persuade Britain to grant… …

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  • 126trust fund doctrine — The principle, commonly known as the American doctrine, that the property of a corporation must be appropriated to the payment of debts before any assets are distributed among stockholders. Wood v Dummer (CC Me) 3 Mason 308, F Cas No 17944;… …

    Ballentine's law dictionary

  • 127Total Liabilities — The aggregate of all debts an individual or company is liable for. Total liabilities can be easily calculated by summing all of one s short term and long term liabilities, along with any off balance sheet liabilities which corporations may incur …

    Investment dictionary

  • 128South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …

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