Question: Answer whether the statements are true or false. i) Corporate veil was lifted by the court in Salomon v Salomon & Co Ltd [1987] AC

Answer whether the statements are true or false.

i) Corporate veil was lifted by the court in Salomon v Salomon & Co Ltd [1987] AC 22 case.

ii) Business Judgment Rule (BJR) was used as a defence by Mr Rodney Adler to the action brought against him under s. 180(1) of the Corporations Act 2001 (Cth) in ASIC v Adler [2002] NSWSC 171 case.

iii) The legal personality of a company is not affected by the appointment of a privately appointed receiver.

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