3 ms·
The rules generally exist describing how group decision making occurs, how liability is distributed, etc, not rules limiting the rights of what the group can do
by oh_sigh 3y ago
The rules generally exist describing how group decision making occurs, how liability is distributed, etc, not rules limiting the rights of what the group can do.
Lord Templeman, law lord, in Hazell v Hammersmith and Fulham summarized the law thusly:
> That report[Case of Sutton's Hospital], although largely incomprehensible in 1990, has been accepted as "express authority" that at common law it is an incident to a corporation to use its common seal for the purpose of binding itself to anything which a natural person could bind himself and to deal with its property as a natural person might deal with his own