The rule in Salomon v Salomon & Co [1897] AC 22 has been described as one of the corner stones of English Company Law. Discuss the rationale and impact of the decision on company law.

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The rule in Salomon v Salomon & Co [1897] AC 22 has been described as one of the corner stones of English Company Law.

Discuss the rationale and impact of the decision on company law.

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