Corporate liability
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Beschrijving
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Corporate liability highlights the civil law principles of vicarious liability as they apply to the corporate entity-a major economic player in our societies. Traditionally, it requires proof of a harmful act, damage, and a causal link. Its practical significance lies in the analysis of parent companies' liability for the acts of their subsidiaries; however, the failure to recognise the 'group of companies' as a legal concept in its own right significantly disrupts the scope of application of the traditional rules of civil liability developed for natural persons.
Beschrijving
(2)
Corporate liability highlights the civil law principles of vicarious liability as they apply to the corporate entity-a major economic player in our societies. Traditionally, it requires proof of a harmful act, damage, and a causal link. Its practical significance lies in the analysis of parent companies' liability for the acts of their subsidiaries; however, the failure to recognise the 'group of companies' as a legal concept in its own right significantly disrupts the scope of application of the traditional rules of civil liability developed for natural persons.
AmazonPages: 68, Paperback, Our Knowledge Publishing
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