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

Error goes here

BFA506 Business Law

tag 0 Download7 Pages / 1,589 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT


1. Kruger is Heavy Machinery Sales Manager of JCI Ltd. He has frequently negotiated and signed contracts on behalf of JCI Ltd with Oppenheimer, Managing Director of Anglo-American Corporation Ltd. Kruger and Oppenheimer have been in negotiations over the supply of an ore smelter by JCI to Anglo-American. On Friday 5 July at 10.00 am Kruger phones Oppenheimer and says “We will offer to sell you the ore smelter for $ 3.5 million. I’ll be at your office at 3pm to sign a contract.”

At 1 pm, Oppenheimer is having lunch at the Rand Club with Rhodes, who is another executive of JCI. During the lunch Rhodes says “Things are awful at JCI. Kruger has been making too many mistakes this year, his department hasn’t been trading profitably, and I heard he was going to get a nasty surprise at our lunchtime Board meeting. Frankly, I can’t see him surviving”. Oppenheimer goes back to his office and mentions the lunchtime conversation to Jameson, a fellow Anglo-American executive, saying that he (Oppenheimer) thinks that Kruger may have been ousted. Jameson says "Look, we're getting a good deal here, don't worry about what is going on at JCI". At 3pm Kruger arrives and signs the deal to sell the machinery to Anglo American for $ 3.5 million.

However on Monday the Financial News carries an article headed “JCI Heavy Machinery Sales Manager Fired at Board Meeting Last Friday”. Anglo American has tendered a cheque to JCI for $ 3.5 million, and has demanded delivery of the smelter, but JCI refuses to deliver it, saying that Kruger had no authority to sell the smelter because he had been fired at 1.30pm. Advise JCI as to their legal position, citing statutory and case law authority.

2. John, Paul and Ringo and George are musicians who operate out of a garage in Melbourne. They initially form a partnership, but then decide to incorporate, and register a company called New Beatles Pty Ltd of which John, Paul and Ringo own 30% each and George owns 10%. The business of the company is to play music, hold concerts and record CDs. All four brothers are also directors. Things go well for a year, but then disputes occur. Ringo comes to you and asks you advice in relation to the following:

Ringo has found out that a meeting of shareholders was held without giving notice to him and that at the meeting an ordinary resolution to change the company logo from a silver guitar to a red trumpet was agreed to by all his brothers. Ringo tells you that he objects to this step.

By another resolution – also agreed to by the other three brothers - the actual constitution of New Beatles Pty Ltd was changed so as to insert a provision which limits the company’s activities to Australia. Ringo tells you that he objects to this, as he believed the company should start touring overseas.

Ringo also discovered that over the past couple of years Paul has been giving his (Paul’s) girlfriend Sarah $ 500 per week from company funds, and that in total the company has suffered a loss of $ 50 000 because of these payments. When Ringo raised this at a board meeting and proposed that the company’s lawyers be asked to initiate action against Paul and Sarah to recover the money, the other three directors voted against the proposal.

Finally, Ringo tells you that since he confronted his brothers about Paul’s conduct, they have begun holding board meetings without telling him (Ringo).

Advise Ringo as to what remedies he can obtain in relation to the above, citing legal authority. [You should assume, and therefore do not need to prove, that the payments by Paul to Sarah are a breach of the duty to act in the best interests of the company under s 181 of the Corporations Act 2001 (Cth).]

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Unique Document

Under Evaluation

Get Money
into Your Wallet

Total 7 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help (2021) Business Law [Online]. Available from: https://myassignmenthelp.com/free-samples/bfa506-business-law/citing-statutory-and-case-law-authority.html
[Accessed 18 April 2021].

My Assignment Help. 'Business Law' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/bfa506-business-law/citing-statutory-and-case-law-authority.html> accessed 18 April 2021.

My Assignment Help. Business Law [Internet]. My Assignment Help. 2021 [cited 18 April 2021]. Available from: https://myassignmenthelp.com/free-samples/bfa506-business-law/citing-statutory-and-case-law-authority.html.

Choosing a suitable essay topic for an essay is certainly a challenging task. MyAssignmenthelp.com, however, has a large number of experts who can help you enlist top informative speech topics and argumentative essay topics to help produce quality essays.
Apart from these, our experts are proficient in providing help with every persuasive essay topics, compare and contrast essay topics and many more. You can contact our team if you have any query regarding how to write an argumentative essay. Our dedicated team will guide you in the best possible way.

Latest Business Law Samples

M30G12 International Law

Download : 0 | Pages : 10

Answer Introduction This essay focuses on the legality and consequences of the actions of Ufasia and Federal States under ‘use of force’ ‘state responsibility’ and ‘reparation’ rules in international law. It is considered that to understand the legality and consequences of the actions of Ufasia and Federal States we will understand some elements of international law to better understand the scenario between...

Read More arrow

BUSN7045 Corporate Governance

Download : 0 | Pages : 2

Answer Essential criteria for a non-executive director to be appointed to the company’s board The appointment of the non-executive directors involves the fulfillment of certain essential criteria. It needs to be made sure that the board must have members who are skillful and meets the quality that is required from board members to meet their fundamental duty of promoting the growth and development of the company. One of their primary re...

Read More arrow

LAWS12061 Administrative Law

Download : 0 | Pages : 6

Answers: Introduction The facts of this case relate to powers of an administrative body to make certain decisions. In answering questions one and two, I’ll consider the circumstances when judicial review is available to a party and any limitations as well as merits of judicial review to a person in such circumstances. 1.Issue Is judicial review available to Gemma? What are the limitations of judicial review in the circumstances of thi...

Read More arrow

BUSI 2301 Business Law

Download : 0 | Pages : 7

Answer:  Issue Whether Wanda can sue her parents for the enforcement of the promise to buy new clothes in exchange of high distinction in unit exams? Law To establish a contract there are few contractual elements that must be made part of the contract which includes an agreement (offer and acceptance), consideration, legal capacity and legal intention. The combination of all the elements results in a valid legal enforceable contract amid...

Read More arrow

BL1100 Business Law

Download : 0 | Pages : 5

Answers: 1. STEP 1 The issue in the given case study is to analyse the meaning of puffs, opinions and the terms in the contract given in the case study. In addition, it should be examined the enforceability of the contract in light of the parole evidence rule. STEP 2 According to the Contract Law, while negotiating the terms of the contract, various kinds of statements are made by the parties. Accordingly, a puff refers to a statement includi...

Read More arrow

Save Time & improve Grade

Just share requirement and get customized Solution.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Add File

Error goes here




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat. If you are unable to calculate word count online, ask our customer executives.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

234 Order Completed

100% Response Time

Samantha Ji

PhD in Chemistry with Specialization in Organic

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

285 Order Completed

99% Response Time

Eugene Baranowski

MBA in Supply Chain

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

755 Order Completed

95% Response Time

Douglas Cowley

Masters in Finance with Specialization in Audit

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

2632 Order Completed

100% Response Time

Albert Ambrosio

MSc in Nursing

London, United Kingdom

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

Thanks for the quick discussion solutions. I am ahead in my classes with an A average


User Id: 332254 - 18 Apr 2021


student rating student rating student rating student rating student rating

satisfactory and reliable , was stated clearly . The words use are simple and straight


User Id: 577505 - 18 Apr 2021


student rating student rating student rating student rating student rating

Great work completed I am amazed at the work that the expert completed. I am satisfied with everything that was submitted to me. When I had an issue, the expert corrected and make sure everything was done correctly.


User Id: 497364 - 18 Apr 2021


student rating student rating student rating student rating student rating

Amazing and fast service, so friendly and reliable experts and live chats!! So good. Will definitely use again. Can\'t thank the team enough


User Id: 672247 - 18 Apr 2021


student rating student rating student rating student rating student rating

Order on the go!

Say hello to our new app

callback request mobile
Have any Query?