Tag: memorandum of understanding and articles of association

Questions Related to memorandum of understanding and articles of association

In which one of the following cases has the court applied the doctrine of lifting the veil to determine distinct personality of corporation?

memorandum of understanding and articles of association company business studies

  1. Salomon vs. Salomon

  2. Johnson vs. Kenedy

  3. Moors vs. Burke

  4. Young vs. Hichens

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Correct Option: A

Match the pairs.

List I List II
(i) ictus reus (1) the grounds of decision
(ii) obiter dictum (2) A guilty mind
(iii) ratio decidendi (3) Guilty act
(iv) mens rea  (4) An opinion of law not necessary to the decision
(5) Signifies a right to be heard
memorandum of understanding and articles of association company business studies

  1. (i)-2, (ii)- 5, (iii)- 1, (iv) - 3

  2. (i)-3, (ii)- 1, (iii)- 4, (iv) - 2

  3. (i)-3, (ii)- 4, (iii)- 1, (iv) - 2

  4. (i)-4, (ii)- 5, (iii)- 2, (iv) - 3

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Correct Option: C

Sub rosa means _______

memorandum of understanding and articles of association company business studies

  1. done publically

  2. confidentially

  3. done in secret

  4. (B) or (C)

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Correct Option: D