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HI6027 Business and Corporate Law Assignment

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Bluff Solutions Pty Ltd (“Bluff”) owns 50% of the shares of Life Electronics (“Life Electronics”) Pty Ltd. Last year, Bluff was contacted by Alphacoms Pty Ltd (“Alphacoms”), which owns the other 50% of bluff. Alphacoms wanted to invest a large sum of money in Life Electronics, to allow it to research and develop a potentially valuable software application. The directors of Bluff at the time hired a team of consultants, which included a software applications expert, and instructed them to research the technical aspects of the proposed application and future possibilities involving the technology. The team of consultants worked for three months researching for and writing the report. The report they presented to Bluff’s directors showed that the proposed investment in the software application could very likely prove successful. Jerry Robinson is one of Bluff’s directors. He holds a Masters of Computer Programming degree from a well-known university. Jerry’s fellow directors asked him about the consultants’ positive projections. Jerry told them that the report is accurate. In reality though, some of the information in the report was not well-researched and supported by up to date data. As a result, when Bluff’s directors rely on the report and invest the company’s money in the new software application, the investment will not be as lucrative as the consultants predicted. Citing specific common law and Corporations Act directors duties, critically analyse and discuss whether the directors of Bluff Solutions Pty Ltd (or any of them) breached their duty of care?

HI6027 Business and Corporate Law Assignment

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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.

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BUS 1166 Business Law

Task Solicitor (General Practice) “Can a good lawyer be a good person? The question troubles lawyers and law students alike. They are troubled by the demands of loyalty to one's client and by the fact that one can win approval as a good, maybe even great, lawyer even though that loyalty is ...

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HC2121 Comparative Business Ethics and Social Responsibility

Question: Task: case study analysis (Report) Topic: Case Study on “The Volkswagen Scandal: An Admission to Emission Fraud” You are require to complete a detailed analysis and present your case assessment, analysis, and outside research to the class based on the case study on ‘ ...

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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 is where two parties agree to take a walk together, or where there is an offer and an acceptance of ...

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Management

Question One Uncle is a lawyer. Niece is a young lady who is thinking of commencing a business in partnership with another individual. Niece consults Uncle. She asks what attributes or qualities she should look for in a partner. Uncle provides the following advice.   (i) Select as a partner ...

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