The case of Salomon v Salomon & Co Ltd (1896), Concepts of agency and the corporation
– Critically analyze the concepts of agency, and the corporation with specific reference to limited liability and legal personality.
– Please examine the case of Salomon v Salomon & Co Ltd [1896] in respect of limited liability and the corporation. Comment on this case and the main
rationale for the decision reached in this leading case. The agency is a problem connected to the case. Essentially, under an agency agreement the agent has
to carry out activities and represent the interests of the principal. This concept applied to a corporate context means that the directors (agents) must act in
the best interest of the company and the shareholders (principals).
– Law for accounting class so please answer in a business context
– Use desired sources but recommended to use MacIntyre’s Business Law (9th edition)
– Please use Harvard referencing system
– double spaced, arial font, 12 point font size, and use page numbers
– Please include a word count and a alphabetical order bibliography at the end

 

Sample solution

Dante Alighieri played a critical role in the literature world through his poem Divine Comedy that was written in the 14th century. The poem contains Inferno, Purgatorio, and Paradiso. The Inferno is a description of the nine circles of torment that are found on the earth. It depicts the realms of the people that have gone against the spiritual values and who, instead, have chosen bestial appetite, violence, or fraud and malice. The nine circles of hell are limbo, lust, gluttony, greed and wrath. Others are heresy, violence, fraud, and treachery. The purpose of this paper is to examine the Dante’s Inferno in the perspective of its portrayal of God’s image and the justification of hell. 

In this epic poem, God is portrayed as a super being guilty of multiple weaknesses including being egotistic, unjust, and hypocritical. Dante, in this poem, depicts God as being more human than divine by challenging God’s omnipotence. Additionally, the manner in which Dante describes Hell is in full contradiction to the morals of God as written in the Bible. When god arranges Hell to flatter Himself, He commits egotism, a sin that is common among human beings (Cheney, 2016). The weakness is depicted in Limbo and on the Gate of Hell where, for instance, God sends those who do not worship Him to Hell. This implies that failure to worship Him is a sin.

God is also depicted as lacking justice in His actions thus removing the godly image. The injustice is portrayed by the manner in which the sodomites and opportunists are treated. The opportunists are subjected to banner chasing in their lives after death followed by being stung by insects and maggots. They are known to having done neither good nor bad during their lifetimes and, therefore, justice could have demanded that they be granted a neutral punishment having lived a neutral life. The sodomites are also punished unfairly by God when Brunetto Lattini is condemned to hell despite being a good leader (Babor, T. F., McGovern, T., & Robaina, K. (2017). While he commited sodomy, God chooses to ignore all the other good deeds that Brunetto did.

Finally, God is also portrayed as being hypocritical in His actions, a sin that further diminishes His godliness and makes Him more human. A case in point is when God condemns the sin of egotism and goes ahead to commit it repeatedly. Proverbs 29:23 states that “arrogance will bring your downfall, but if you are humble, you will be respected.” When Slattery condemns Dante’s human state as being weak, doubtful, and limited, he is proving God’s hypocrisy because He is also human (Verdicchio, 2015). The actions of God in Hell as portrayed by Dante are inconsistent with the Biblical literature. Both Dante and God are prone to making mistakes, something common among human beings thus making God more human.

To wrap it up, Dante portrays God is more human since He commits the same sins that humans commit: egotism, hypocrisy, and injustice. Hell is justified as being a destination for victims of the mistakes committed by God. The Hell is presented as being a totally different place as compared to what is written about it in the Bible. As a result, reading through the text gives an image of God who is prone to the very mistakes common to humans thus ripping Him off His lofty status of divine and, instead, making Him a mere human. Whether or not Dante did it intentionally is subject to debate but one thing is clear in the poem: the misconstrued notion of God is revealed to future generations.

 

References

Babor, T. F., McGovern, T., & Robaina, K. (2017). Dante’s inferno: Seven deadly sins in scientific publishing and how to avoid them. Addiction Science: A Guide for the Perplexed, 267.

Cheney, L. D. G. (2016). Illustrations for Dante’s Inferno: A Comparative Study of Sandro Botticelli, Giovanni Stradano, and Federico Zuccaro. Cultural and Religious Studies4(8), 487.

Verdicchio, M. (2015). Irony and Desire in Dante’s” Inferno” 27. Italica, 285-297.

Sample Solution

In the case of Salomon v Salomon & Co Ltd [1896], Solomon was both a shareholder and director of a company he had incorporated with limited liability. After the business failed, creditors attempted to collect from his personal assets. The court considered if it was possible for a single person to incorporate himself as a company and limited liability still be available.

Sample Solution

In the case of Salomon v Salomon & Co Ltd [1896], Solomon was both a shareholder and director of a company he had incorporated with limited liability. After the business failed, creditors attempted to collect from his personal assets. The court considered if it was possible for a single person to incorporate himself as a company and limited liability still be available.

The decision reached by the House of Lords was that it is legally possible for one person to incorporate themselves into a limited company, and in doing so receive personal benefit from this structure in terms of limited liabilities.
This ruling established the doctrine of Corporate Personality which means that companies are regarded as individual legal entities separate from their members/shareholders or directors. This has been described as “the best instance” used to explain what agency is all about; if there is an employer (principal) then there must be an employee (agent) who acts on their behalf, but they are two distinct people under law and have different rights/responsibilities when dealing with each other within contractual agreements.

Therefore, understanding the concepts of agency, corporate personality and limited liability is essential when analyzing business organizations today; these three principles form the basis upon which all company structures operate – regardless of size or industry – thus making them critical components to consider when organizing any type of commercial enterprise.

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