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Following the decision of the Court of Appeal in Adams v. Cape Industries plc (1990) Ch 433 discuss how far you agree with the statement that the court's ability to lift the veil of incorporation is now "limited to cases involving an "enemy corporation" or where the company is classed as a facade." Starting a business up and running it is a big risk which has to be thought about before proceeding with it. To make a company successful requires a lot of hard and sacrifices, if that hard work is not put in then chances are that the company can incur heavy losses and problems running it. A limited liability is necessary for a business to have because without it the shareholders would lose personal assets and personal cash if the company is to be liquidated or is in debts that the company does not have sufficient funds to pay...

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