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LAW302 Business Law

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Question 1 Salomon v Salomon & Co Ltd [1897] AC 22 established an important principle relating to incorporation of companies. Outline the principle and briefly explain the three legal consequences flowing from that legal principle. Refer to relevant case law as authority for your answer. Question 2  According to s140(1) of the Corporations Act 2001, the constitution of a company is a set of three (3) contracts. Explain the nature and effect of these three (3) contracts with reference to statutory and case authority. Question 3  With the aid of case law, explain the protection under common law that shareholders have when a company wishes to alter its constitution to expropriate the rights or shares of minority shareholders. Question 4 The business judgement rule is used in establishing whether directors act in accordance with their duties of care and diligence under s180 Corporations Act 2001. Explain the duty and how the business judgement rule is applied in the duty of care and diligence of company officers/directors. Question 5 Outline the different ways in which companies can obtain funding. Indicate any limitations and what is involved in each method. Question 6 There are a number of remedies available to creditors when a company gets into financial difficulties. Outline these procedures and indicate in what circumstances each is appropriate. Also outline the end result of each remedy.

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LEGL 261 Credidor and Debtor Law

Recall the claim by the First Bank of Alberta against TCB Memphis Grille Ltd. [“TCB”] and Elvis Parsley from the first assignment. You prepared two demand letters: one for TCB and one for Parsley. Parsley has not responded to either demand letter, so it’s time to start a legal action and pre ...

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LACM17J International Commercial Arbitration

Tasks: Introductions: You will seea case in Arbitration law. the Question want to Critically analyse the decision of the Supreme Court. i attached here file for law report of the case and the jurgment. also i attached file for the lucture. read the question and the case carefully pls. if you want ...

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NM11 Business and Law

Task Each mini-essay should be 1,000 words long, and students should write a total of 2,000 words. The student can answer:   1. Discuss the impact of human relations management and scientific management on employees. Your answer needs to reference labour process theory. 2. Discuss mechanism ...

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LGST101 Business Law

Task In September 2015, the democratically elected government of Prudencia invited tenders for the construction and operation of a theme park in its capital, Suncity. Harvey Construction Ltd (HCL) became interested. However, it had little expertise in the construction or operation of theme parks. A ...

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