Answer Facts George and Sam wanted to form a new business of bakery shop. The breads which they were finding were not available in the market. George has experience of bakery as he used to work for Breads R Us. He has a home of $500,000 value. Sam is an accountant and he is an owner of a care and Apple Mic Computer. There business assets price is $20,000. The landlord is ready to enter the lease with George and Sam for 3 years at $20,000 pa. ...Read More >>
Answer ACCC v Australian Egg Corporation Limited (2016) Issues and Facts This is a case of the Federal Court of Australia between the Australian Competition and Consumer Commission and Australian Egg Corporation Limited. This is a case of corporation act and consumer law of Australia. In this case the respondents have background of egg industry. ACCC made some allegation against six respondents for the provocation to 19 e...Read More >>
Answers Case Study 1: Legal Issue: Based on the facts provided in the case study, the issue that arises here is: Whether the partnership be bound by this contract? Can other partners take action against Lance? Legal Principles and Laws: According to Section 10 of the Partnership Act, 1892, where any wrong act is committed by any of the partner acting in the ordinary course of the business, or with the authority of the other partners, a...Read More >>
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