{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Law_If_Business_Organizations_2_Law_If_Business_Organizations_2-Law_of_Business_Organizations_2.docx

Law_If_Business_Organizations_2_Law_If_Business_Organizations_2-Law_of_Business_Organizations_2.docx

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Upon the creation of a company, it is to be treated as an independent person that has her rights and liabilities. However, it is important to mention that its decisions and acts are performed by natural persons such as directors. Most of the times, a company may get itself into a situation or a circumstance involving omission. In this case therefore, the law has crated approaches where based on circumstances an act of omission of an individual in a company who is an employee or an agent will be treated as an act of omission of a company or as a responsibility of the company. In most situations concerning civil liability, acts of omissions are attributed to a company based on two major situations. One, civil liability acts and omissions are attributed to a company based on its rules of attribution that are spelled out by the constitution or implied by company law or both. Two, civil liability acts are attributed
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}