fb
$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Stuck on Your Question?

Get 24x7 live help from our Top Tutors. All subjects covered.

250 words

Error goes here

Students Who Viewed This Also Studied

22 Pages
ILAC methodology

Individual Assignment Task Essay and Problem based memorandum using ILAC methodology Length 1,800 – 2,500 words Marks 30% of total mark Due Date By 11.59 pm on the 27th of January 2019 Relations ...

Type

Essay

Subject

Business Law

1 Page
Humanities

Why do men commit crime? Why do women conform?Do women get away with crime?Are the differences eroding?Are women treated differently ...

Type

Case Study

Subject

Business Law

144 Pages
MGT 6251 Business Law for Managers

QUESTION ONE (a) “ It is necessary to remember that there are agreements between parties which do not result in contracts within the meaning of that term in our law. The ordinary example ...

Type

Assignment

Subject

Business Law

University

Open University Malaysia

3 Pages
Management

 Do moral rights exist in copyright? (1 mark) Provide a detailed explanation of moral rights. (12 marks) Even though Abigail sold her copyright to Tom, does she have moral rights in the prints? ( ...

Type

Assignment

Subject

Business Law

LAW202 Company Law

Question

Answered

Question One-chapter 14National Ltd wishes to buy furniture from Deco, a woodworking business conducted by Jim Deco and his sons. Jim is a director of National Ltd. REQUIRED: Describethe procedures that Jimandthe company need to follow under the Corporations Actin order to properly conduct this transaction.Question Two-chapters 11 and 12Bill is a director of Exotic Ltd, a company without a constitution. Exotic Ltd provides low-cost holidays, operating a resort on a Pacific island. Bill lives in Perth and finds it difficult to attend monthly directors’ meetings on the island. He has missed the last fivemeetings and also cannot attend the next one, as he has a birthday party in Perth. Bill believes that it will not matter if he does not attend the meeting because, after missing so many, he is not up to date with the company’s financial position.Bill is unaware that the company has been having financial difficulties for six months and is struggling to pay creditors.At the board meeting, theotherdirectors decide to change the style of the renovations to a more luxurious standard so that the resort will attract wealthy high spending tourists. Financial plans provided by the company accountant to the directors indicate that this should enablethe company to trade out of itsfinancialdifficulties. A decision is made to obtain a large loan from Shark Finance Pty Ltd to pay for the more expensive luxury renovations. A few months after the renovations are completed,an unexpectedworld-wide stockmarket collapseoccurs andwith budgetary concerns, consumers are not spending. The only airline servicing the Pacific Island’sceases operations due tolack of bookings.Shortly thereafter, Exotic Ltd fails to pay interest due on the Shark Finance Pty Ltd loan and a liquidator is appointed to the company. REQUIRED:Has Bill or any of the other directors breached any duties and could they be personally liable to the creditors for such breaches? Discuss any relevant defences that Bill or the other directors might raise.Question Three (Part a)-chapter 9What is the significance of the Gambottocase and what are the two tests developed by the courts arising from this case?Question Three (Part b)-chapter 13. Expansion Ltd required additional capital and the company had decided to borrow funds from its bank instead of issuing shares. However, an opportunity arose whereby the required capital could be raised by issuingmoreshares to Shanali, who agreed not to remove any of the directors for five years. Shanali currently holds 30% of the shares, but with the new share issue, will hold 62% of the shares in the company.REQUIRED: Discuss whether the directors have breached any dutyinrelation to the share issue, along with any consequences for such a breach.As authorities to support your answer, include references to cases and sections of the Corporations Act

LAW202 Company Law

Answer in Detail

Solved by qualified expert

Get Access to This Answer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

11 More Pages to Come in This Document. Get access to the complete answer.

MyAssignmenthelp.com has gained the status of premier assignment help provider in USA. The combination of highly qualified experts, wide range of service and affordable price play a significant role behind our overwhelming popularity among the students in USA. Some of our popular writing services include Marketing assignment help, mechanical engineering assignment help, English assignment help, taxation assignment help, electrical engineering assignment help.

More Law202 LAW202 Company Law: Questions & Answers

Q

Individual Assignment Task Essay and Problem based memorandum using ILAC methodology Length 1,800 – 2,500 words Marks 30% of total mark Due Date By 11.59 pm on the 27th of January 2019 Relationship to other tasks and assessments: This assignment focuses on the first two ‘themes’ of ...

View Answer
Q

Why do men commit crime? Why do women conform?Do women get away with crime?Are the differences eroding?Are women treated differently ...

View Answer
Q
icon

We aren't endorsed by this University

QUESTION ONE (a) “ It is necessary to remember that there are agreements between parties which do not result in contracts within the meaning of that term in our law. The ordinary example is where two parties agree to take a walk together, or where there is an offer and an acceptance of ...

View Answer
Q

 Do moral rights exist in copyright? (1 mark) Provide a detailed explanation of moral rights. (12 marks) Even though Abigail sold her copyright to Tom, does she have moral rights in the prints? (1 mark) 2. Do Abigail’s rights include the right to continue to use her pseudonym on the print ...

View Answer

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

Choose Our Best Expert to Help You

expert
student rating student rating student rating student rating student rating
John Guthrie

MSc in Mechanical Engineering

212 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Wise Rich

Master’s in Medicine from SGH Postgraduate Medical Institute (PGMI).

500 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Gunner Rocha

Master’s in Statistics from the University of Houston.

950 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Joshua Byrd

I have done my PhD in Finance from Pennsylvania State University.

350 - Completed Orders

Hire Me

Still in Two Minds? The Proof is in Numbers!

33845 Genuine Reviews With a Rating of 4.9/5.

student rating student rating student rating student rating student rating
05 Dec 2021

Project Management

Programming: 2.4 Pages, Deadline: 9 hours

Assignment was nicely made with all the requirements. it was worth spending on this

flag User ID: 4***69 Canada

student rating student rating student rating student rating student rating
05 Dec 2021

Psychology

Essay: 5 Pages, Deadline: 4 days

I read through the paper and I had no criticism. The assignment was finished before the due date and well worked.

flag User ID: 8***28 United Arab Emirates

student rating student rating student rating student rating student rating
05 Dec 2021

It Write Up

Assignment: 1 Page, Deadline: 23 hours

Great work assignment was completed on time . This website most of the time is reliable and do great work.

flag User ID: 3***54 United States

student rating student rating student rating student rating student rating
05 Dec 2021

Assignment

Essay: 3.2 Pages, Deadline: 7 hours

the work was good i am satisfied i got good grades i am passed in the course i am very happy i was very worried for the assignment but you helped me a ...

flag User ID: 8***13 Canada

student rating student rating student rating student rating student rating
04 Dec 2021

Statistics

Home Work: 6 Pages, Deadline: 6 hours

The Writer has done and proved he/her academic writing skill.I had passed my module. Thanks

flag User ID: 4***50 Singapore

student rating student rating student rating student rating student rating
04 Dec 2021

Management

Programming: 7.4 Pages, Deadline: 12 days

The writer has done decent and fast work. Quality was acceptable .I got 19/30. Keep it up!

flag User ID: 4***50 Singapore

student rating student rating student rating student rating student rating
04 Dec 2021

HRM

Programming: 3 Pages, Deadline: 6 hours

good work thankyou great job great job thankyou god bless you. loved the work l

flag User ID: 8***41 Canada

student rating student rating student rating student rating student rating
04 Dec 2021

English

Assignment: 2 Pages, Deadline: 25 days

My assignment scored off the charts. Thank you for your help to accomplish what I couldn\\'t do on my own. Your work and efforts has been an amazing ...

flag User ID: 6***28 Tarboro, United States

student rating student rating student rating student rating student rating
04 Dec 2021

Management

Assignment: 2 Pages, Deadline: 1 day

he assignment was well done. ThanksThe content was accurate and the structure was to the best.

flag User ID: 6***26 Canada

student rating student rating student rating student rating student rating
04 Dec 2021

Medical

Assignment: 5 Pages, Deadline: 5 days

excellent I had exactly what i want The presentation is clearthanks very much .....

flag User ID: 7***16 United Arab Emirates

student rating student rating student rating student rating student rating
05 Dec 2021

Project Management

Programming: 2.4 Pages, Deadline: 9 hours

Assignment was nicely made with all the requirements. it was worth spending on this

flag User ID: 4***69 Canada

student rating student rating student rating student rating student rating
05 Dec 2021

Psychology

Essay: 5 Pages, Deadline: 4 days

I read through the paper and I had no criticism. The assignment was finished before the due date and well worked.

flag User ID: 8***28 United Arab Emirates

student rating student rating student rating student rating student rating
05 Dec 2021

It Write Up

Assignment: 1 Page, Deadline: 23 hours

Great work assignment was completed on time . This website most of the time is reliable and do great work.

flag User ID: 3***54 United States

student rating student rating student rating student rating student rating
05 Dec 2021

Assignment

Essay: 3.2 Pages, Deadline: 7 hours

the work was good i am satisfied i got good grades i am passed in the course i am very happy i was very worried for the assignment but you helped me a ...

flag User ID: 8***13 Canada

student rating student rating student rating student rating student rating
04 Dec 2021

Statistics

Home Work: 6 Pages, Deadline: 6 hours

The Writer has done and proved he/her academic writing skill.I had passed my module. Thanks

flag User ID: 4***50 Singapore

student rating student rating student rating student rating student rating
04 Dec 2021

Management

Programming: 7.4 Pages, Deadline: 12 days

The writer has done decent and fast work. Quality was acceptable .I got 19/30. Keep it up!

flag User ID: 4***50 Singapore

student rating student rating student rating student rating student rating
04 Dec 2021

HRM

Programming: 3 Pages, Deadline: 6 hours

good work thankyou great job great job thankyou god bless you. loved the work l

flag User ID: 8***41 Canada

student rating student rating student rating student rating student rating
04 Dec 2021

English

Assignment: 2 Pages, Deadline: 25 days

My assignment scored off the charts. Thank you for your help to accomplish what I couldn\\'t do on my own. Your work and efforts has been an amazing ...

flag User ID: 6***28 Tarboro, United States

student rating student rating student rating student rating student rating
04 Dec 2021

Management

Assignment: 2 Pages, Deadline: 1 day

he assignment was well done. ThanksThe content was accurate and the structure was to the best.

flag User ID: 6***26 Canada

student rating student rating student rating student rating student rating
04 Dec 2021

Medical

Assignment: 5 Pages, Deadline: 5 days

excellent I had exactly what i want The presentation is clearthanks very much .....

flag User ID: 7***16 United Arab Emirates

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?