The Principle of Fiduciary Duty in a Partnership RelationshipQuestions:1. Explain how the principle of fiduciary duty works in a partnership relationship.2. Singh, Shah, Amaro and Brown in an accounting firm. Singh gave the other partners written notice that he was leaving the partnership on March 31. The other partners purchased Singh’s interest and agreed that he would not be liable for any future partnership debts. At the end of M...
Part 1Part 1:In the “Assignments” module in SLATE, I have posted a selection of decisions from various tribunals. You are to review the decisions, select ONE and prepare a Case Brief.At the top of your case brief, identify the name of the case, the tribunal, and the date of the decision. For example:Purpose: a brief statement of the reason the matter is before the tribunal (e.g. “This matter befor...
What is a Case Brief in the Legal Profession?Description: A “Case Brief” is an important tool in the legal profession. Looking at a particular case, a Case Brief involves four elements: (i) a succinct summary of the critical facts; (ii) the applicable principles of law considered; (iii) the ratio of the case (the reasons for decision given by the judge); and (iv) the relevance of the decision to yourself and the business world.In thi...
Setting up a General Partnership and the Importance of a Partnership AgreementIn setting up a business there are various business structures, one is a general partnership. In creating a general partnership, although not a legal requirement, it is always best for the partners to have a written partnership agreement. In the absence of such an agreement, apartnership in Ontario will be governed totally by the Partnerships Act R.S.O .1990 cP.5a. Fin...
Governing Law of International Sale of Goods ContractQuestion 1: What law is the governing law of the international sale of goods contract between Intermediate and French Hardware? Why? Assuming that Intermediate can obtain personal service of process over French Hardware in the legal jurisdiction of England and Wales, what is the best remedy for Intermediate to pursue against French Hardware since Romanic terminated its contract with Intermedia...
Legal IssuesTask: Wendell was a journeyman plumber in his mid-thirties who had worked without disciplinary incident for some ten years in a non-union position at The Flush Fanatic Faucet Factory Ltd. in Kelowna. Terry, the firm’s HR director, had worked long and hard to find hard-working employees for the firm’s owner, Paul Plungerpusher. Still, the plumbing services business was highly competitive, and if one firm could not answer ...
Requirements for the Research PaperLegal Research Paper Each student is required to submit a written research paper on a current business law topic. Any topic that has occurred within the last one to ten years is considered current. The research paper must be at least in length, typewritten in. Points will be deducted for improper spacing and blanks or gaps. The use of graphs, charts, and any other visual aids is acceptable, so long as they do n...
Analysis of Structural and Contextual VariablesSimply Literature Production is a small- to medium-sized production company various types of books used in business. Located in Alberta, the company has annual sales of about $18 million. The owner and CEO Ravi Prosper, is proud to make a high-quality product that will stand up to many years of use. He uses only high-grade paper, cover stock, and binding materials. Of course, this has led to high...
General Partnership: Setting Up and DissolutionIn setting up a business there are various business structures, one is a general partnership. In creating a general partnership, although not a legal requirement, it is always best for the partners to have a written partnership agreement. In the absence of such an agreement, a partnership in Ontario will be governed totally by the Partnerships Act R.S.O .1990 cP.5 a. Find section 35 (d) (e) and...
Case 5.1: The 10-Minute Meal PeriodFor this assignment, you will take on the role of an HR manager and review various case studies concerning compensation and benefits. Within the case studies, you will. Evaluate which compensation and benefit laws best apply to each scenario. Provide a rationale for each of your decisions. For your rationale, Explain how the situation meets each element that needs to be proven or satisfied under the speci...
Background and ContextTNC Pipelines owns an oil pipeline running from Fort McMurray to a refinery in Medicine Hat. The pipeline is brand new and complies with all the latest safety and environmental regulations. One of these regulations requires regular emergency shut-off valves that stops the flow oil through the pipeline if a sudden depressurisation is detected, indicating a rupture, in order to minimise the amount of oil spilled in the event ...
ScenarioScenario: Parker, a chartered accountant employed as a controller and living in Calgary, was bored with his job. He applied to an Oshawa based software company that was advertising for a chartered accountant to help in the development of new accounting software. At the job interview, Peterson, the manager of research and development, described the new venture and told Parker that the position would involve advising on ...
Identified problems with the compensation system and practicesTask: Case Study: Plastco Packaging. Case posted on eCentennial. For the case, answer the following three questions one by one in essay form: 1. Identify the management or business related problems that suggest something has gone wrong with the company’s compensation system and compensation practices. 2. Analyze compensation-related root causes of those identified problems (A...
Determining the Legal Status of ContractsState whether the following statements are void, voidable, valid or unenforceable and provide a reason for your answer Q.1.1 Amanda aged 6 purchases a doll from R’US Toys without the assistance from her father. Q.1.2 Alexander, an unrehabilitated insolvent, enters into an agreement to sell his HI-FI set to Steven without the assistance of his trustee. The HI-FI set formed part of the insolvent e...
Question One: Difference between Company Limited by Shares and Company Limited by Guarantee, and Case Illustration of Not Using Company to Shelter from Criminal Act(a) Name one difference between a company limited by shares and a company limited by guarantee(b) Illustrate by reference to a case that a company cannot be used by a person to shelter from a criminal act(c) Contrast the principles arising from the judgements in each of the following ...