Answer: Introduction In this report through a case study the contract law is going to be discussed. The concept of agency as par the contract law is going to be the focus of this case. The role of agency in case of making a contract with the third party is going to be discussed in this case. The liabilities and duties of the agent under the contract law have been evaluated. The rights and obligation of the third party as well as the pri...Read More
Answers: 1. Issue There are two issues involved in this case. The primary issue is to determine whether Marlow can resign from Clear Vision Limited and incorporate a new company to conduct the block chain business. The secondary issue is to determine the changes in the advice if their constitution contained a clause identical to Section 194 of the Corporations Act 2001. Rules As a general rule, a director can resign from a company by givin...Read More
Answer: Introduction Criniti's is one of the largest and most popular Italian diners in Australia. Fundamentally, this organization has been providing quality foods to their consumers (Criniti’s Southern Italian Cuisine, 2017). The company was established by Frank & Rima Criniti in the year 2003. In the year 2007, the company started providing delicious and quality Italian foods in Darling Harbour in Australia. After that, the...Read More
Answers: Answer to Question No 1 A contract is an agreement which in intended to be made enforceable by law between the parties and bind them with contractual obligations. The parties must agree to the terms of the contract before entering into the contract (Knapp, Crystal and Prince 2016). Charlie Martin did not understood and agreed to the terms of the contract as the terms that were explained to him prior to enter into the contract, were tot...Read More
Answer: Issue The issue in the case is to check whether the AFS Grocery Wholesalers Co. Pty. Ltd. has any legal right to claim the payment worth $45000 for the delivery of goods to John’s Supermarket. If yes, then what right this is? Rules In the current scenario, where lives are busy, it is very general that people enter into a contract with the help of other. These other people are known as agent and the person to whose behalf they ...Read More
Answer: 1.Introduction: Alteration of constitution, Power of minority to restrain alteration, Contract with Company in its independent capacity. Ryder and Kody graduated and then decided to initiate a business which deals in selling of unique, hand-made crafts and other gifts online. They want to start a company with the name Incredible Gifts Pty Ltd. On 2nd May 2018, Kody and Ryder went for the registration of the name Incredible Gifts ...Read More
Answer: Introduction: The Companies Act 2016 has been enacted in Malaysia which has replaced the previous act titled Companies Act 1965. The act has come into the force from 31st January 2017 along with Companies Regulations 2017. The objective of this act is to modernise corporate regulations, reduce the costs of compliances, facilitate economic growth, and remove corporate conflicts (EY, 2017). The act is targeted towards providing a c...Read More
Answer: Introduction Negligence is a civil wrong, and a party can hold liable to pay for compensation in case another party suffered loss due to his/her negligence. A party can be held liable for negligence if the standard of care is breached by such party due to which another party suffered a substantial loss. The person who owed a duty of care and failed to ensure that such duty is maintained by him is liable to pay for damages under the su...Read More
Answer: Issue The issue is to check that whether Cliff and Mary can sue Susan for the economic loss occurred to them and psychiatric injury that happened to Mary. Further, this is also to check that whether Susan is eligible to take the help of any defense and if yes then what defense it will be. Rule Tort is a breach of civil liability. Tort is basically a wrongdoing by one person to another and can be done in many forms such as defa...Read More
Answer: Introduction The purpose of this report is to enlighten the reader about the company IKEA India and co-operative strategies used by the company in the target market. The report comprises of the description about the company, co-operative strategy, the ways in which IKEA India utilized this strategy and the industry specifications as well. The company IKEA has made strong position in the market of furnishing and is famous in the intern...Read More
Answer: Introduction Significantly, ethics account for the strong relations that ensure the creation of a positive society. Ethics are a code of principles that determine the resolutions in an organization or a society (Tai and Chuang, 2014 p.17). Business organizations should have ethics that guide the declarations of the organization and strive for the positive environment (Schwartz, 2017 p.111). Corporations should not only assimilate prin...Read More
Answer: 1.Issue Whether AFS Grocery Store has any rights to seek payment from John with respect to goods sold to John’s supermarket that was worth $45000. Rules A person can enter into a contract with the help of his/her agent. In commercial transaction mostly, it does not remain possible for an owner of a business to get personally involved in every transaction, hence they opt option of the agency. A person, who has authority to ...Read More
Answer: Issue 1 Whether John can sue George on the ground that the share price has more than trebled but George refuses to buy him a new Mini Cooper on the context that “it was all just a bit of fun”? Relevant Law A contract is a civil law and requires compliance of few essentials which together results in the formation of contract and the parties are bound by the contractual terms. The basic contract elements include: An offe...Read More
Answer: Introduction Licensure or Licensing is a permission issued by the government agency for practicing a profession. However, this permit cannot be obtained easily but it requires fulfillment of certain specific criteria designed by the government for the practice of a specific profession. On the other hand, in case of not having licensure laws, registration in the form of approval which varies in requirements, can also be provided by the...Read More
Answers: 1.Issue Whether a contract has formed between Frank and any other party? Rule In order to form a valid contract, the essential elements of a contract must be fulfilled by the contracting parties. These essential elements constitute a valid contract which binds the contracting parties into its legal terms and parties can legally enforce each other in case a party violated the terms of the contract. Following are essential elements of ...Read More
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