An examination of the case of “Salomon v. A. Salomon & Co. Ltd.” [1897].
This dissertation focuses on the doctrine of law that has been laid down by the case of “Salomon v. A. Salomon & Co. Ltd.” [1897] AC 22. It explains that, because of the precedence established by this statue, cases involving “Salomon v. A. Salomon” should be watched very carefully by both business entities and employees. It shows how “Salomon v. A. Salomon” has been the main precedent ,and it is thought that it will cast a veil over the personality of a limited company through which our courts cannot glimpse. However, things are not what they seem because the courts can and will move beyond the supposed veil and Salomon v. A. Salomon. Lately, the courts have begun to remove the masks to see what has really been going on.
“Today, even legal experts do not fully agree upon the answer to the universal question of “What is the law?” The law has always been more than just a set of rules. Throughout history, the law has been more of a philosophic glimpse or a mirrored reflection into the soul of a society’s behavioral limits and their expectations. Even in regard to business law and the oversight of product liability, laws have historically helped to establish what was and was not acceptable and also provided a clear indication of what was fair in the minds of consumers of the time for the manufactures and service providers. Cultural, political, religious and economic events affect the beliefs of our nation and those beliefs help shape the legal structure or system.”