Answers: 1.Are there any enforceable agreements between any of the parties? If so, who are the parties to the agreement and what are the terms? Rules of Agreements A determination whether there is a valid agreement or not is a matter of examining whether all the main elements exist. According to (McKendrick, 2012, p.11), a valid agreement must have an offer and acceptance definite terms. Secondly, both parties must show their intention...Read More >>
Answers: The Facts Essence is an apple farmer living in Judbury in Tasmania. After a recent bad experience where she attempted to work with an apple juicer to expand her business opportunities she wants to take a cautious approach in business and correctly document any future business dealings that she may enter into. A neighbour – Scarlett has recently purchased a small commercial building in Judbury. This building has received counci...Read More >>
Answer: Introduction: As per the general principle of agency law, the principal can be held responsible for the actions of his/her agent. However, it does not mean that the principal will be held liable for unauthorised actions of the agent. Various remedies are given to the principal in order to set the boundaries on agents to not perform certain actions in required manner. The principal has the right to ratify the act or refuse them. If the...Read More >>
Answers: 1. Issue The issue raised in this case is whether Steve would be held personally liable in case the company became insolvent and failed to pay its debts? Law The companies operating in Australian have to comply with the guidelines which are issued under the Corporations Act 2001 (Cth) in order to avoid legal penalties. However, the companies also have to comply with the provisions given under the common law which apply over its dir...Read More >>
Answer: Issue The issue involved in the case is to check that whether Jenny can sue Hunter Busline for the damages occurred to her or not. Rules Contracts are valid when they consist all the necessary and required elements such as offer, acceptance, consideration, and intention of the parties in the case to develop a contractual relationship. According to the provisions of contract law, a contract can be either in written form or in oral fo...Read More >>
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