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The Reasons for Forming Companies

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Company Law

Part of the book series: Macmillan Law Masters ((MLM))

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Abstract

‘The limited liability corporation is the greatest single discovery of modern times. Even steam and electricity are less important than the limited liability company,’ said Professor N. M. Butler, President of Columbia University (quoted by A. L. Diamond in Orhnial (ed.), Limited Liability and the Corporation (Law Society of Canada, 1982) p. 42; see also Len Sealy, Company Law and Commercial Reality (Sweet & Maxwell, 1984) p. 1)

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Bibliography and Further Reading

  • Fraser, ‘The Corporation as a Body Politic’ (1983) Telos. no. 57, 5.

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  • Rajak, A Sourcebook of Company Law. 2nd edn, Jordans, 1996.

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  • Wedderburn, ‘The Social Responsibility of Companies’ (1985) 15, Melbourne U L Rev. 4.

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  • Wolff, ‘On the Nature of Legal Persons’ (1983), 54 LQR 494.

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© 1998 Janet Dine

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Dine, J. (1998). The Reasons for Forming Companies. In: Company Law. Macmillan Law Masters. Palgrave, London. https://doi.org/10.1007/978-1-349-14583-6_1

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