The concept of separate legal personality is fundamental to company law. ? With close reference to leading cases(Salomon v Salomon & Co Ltd [1897] A.C. 22 (HL) and Lee v Lee's Air Farming Limited [1961] NZLR 325 (PC)), explain this concept and its relationship to the doctrine of limited liability. In your answer explain and analyse some of the critiques of this doctrine eg issues of moral hazard and the costs to society.