The principle of lifting the corporate veil has been considered differently by the judges over the years. In your opinion, should the courts take a stricter or less strict approach when asked to lift the corporate veil? Elaborate your opinion with your reasoning.
Additional guide: In answering the question, you may also:- Discuss the court’s decision in any decided case, whether you agree or not with the judgment and state your reason; give example(s) under what circumstances you would think that the court should lift the corporate veil or should not lift the corporate veil.
- answer should be including case law (Lee v Lee’s Air Farming Ltd 1961 OR Macaura v Northern Insurance Co.Ltd 1925 OR Salomon v Salomon & Co. Ltd) Answer must be not more than 1 pages.