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Despite the Limited Liability Act of 1855, there were some doubts about the validity…
Limited liability, called the ‘flagship of the capitalist economy’,(3)…
Limited liability is cost-saving for creditors since they do not check or monitor…
Despite the above-mentioned benefits, limited liability has attracted criticism in…
Under English law, rules of general corporation law have continued to be applied…
There have been criticisms against the inaction of the English law towards the reality…
Despite such concerns, English courts have a strict attitude toward upholding separate…
