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Concepts of agency and the corporation

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

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