Business Law : Page - 4

Issue - Whether transportation cost of machinery is allowable as a deduction under s 8-1 of ITAA 1997Issue- Whether or not the Cost of moving machinery to a new site allowable as a deduction under s 8-1 while computing the assessable income. Rule- According to the s 8-1 of the ITAA 1997, those expenses which are incurred directly or indirectly in running the business are treated as allowable expenses. Further, those expenses which are of capi...

Investigation of PerformanceSmall business enterprise of across the world has gain priority in many countries of the world. The report focuses on the growth of small medium enterprises in United Kingdom. A small medium enterprise of United Kingdom dealing with retail is selected for the report. The report is focused on providing solutions to the retail enterprise of the country in terms of business development. The company has approached to a ...

Introduction and Background of JaguarThe report intends to highlight on the challenges faced by Jaguar relating to finance for international trade due to the Trump’s position for penalizing the imports. There has been total of three challenges identified relating to the problem. The latter part of the report has been further seen to address the various aspects of the recommendations for the improvement in the operation of the intern...

Principles of NegligenceNegligence is misconduct that leaves an arbitrary risk of danger to another person. Unlike other intentional torts, negligent is an unwilling tort that involves a failure of one person’s failure to take a realistic care in protecting the other person or that person’s property. However, even though a person suffering from that a negligent misconduct would usually recover damages, sometimes those damages may b...

Waratah Coal Pty LtdWaratah Coal Pty Ltd is a company having its exploration activities predominantly located in Northern Territory, Queensland and New South Wales. It is a company which is engaged in acquisition, exploration and development of the coal projects in the nation and operates as a subsidiary Mineralogy Pty Ltd. Waratah Coal Pty Ltd was incorporated back in 2005 and is majorly based in Brisbane, having additional office in Canada&r...

Issue: Contract Entered Into Prior IncorporationWhether the contract between Bob and Computer Supply Pty Ltd. prior to the incorporation of Sunshine Scooter Art Pty. Ltd.  (“SSA”) was binding on SSA? The principle well-settled in Australian and English law is that there cannot be valid ratification of a contract that has been made prior to incorporation in the name of agents or promoter. It is not possible under equity f...

The Role of the UN in Conflict and Peace BuildingThe United Nations (UN) was instituted in 1945 as an international organization with a view to ensure world peace. The UN had taken the place of the League of Nations as it was unsuccessfulin preventingThe Great War. The United Nations was set up by 51 nations and led by the Allied powers after the Second World War. Now the UN has 193 members. The configuration of the UN echoes the geopolitical ...

Background and Literature ReviewThe research will be conducted to find out the impacts of family violence on the development of children. Domestic violence is an aggression done to the spouse or an intimate partner at home. For a very long time, the practice of domestic violence has been so common in many families across the globe. Whenever it happens in a family setting, domestic violence is witnessed by the children. However, such an exposur...

Offer and AcceptanceFor the contract to be valid, there must be a clear agreement between the contracting parties. One party requirement make a proposal, and the other party must assent the offer. A contract is not valid until the offer is accepted (Bayern, 2015). In the above cases, there is an agreement between the executive director of Adam Farquhar Berhad and Madaam Farina Corporation (MFC) for consultancy work. AFB does not have internal...

Case 1: Entitlement of claim of Ben against Mojo BeverageThe given case primarily deals with the principles and elements of contract based on the regulations of common law of Australia. The present situation involves the issue on entitlement of Ben’s claim for an amount of $100,000 that is owed by Mojo Beverage with respect to contract offered on 25 January. In the present case, Mojo Beverage changed its offer to lower amount whereas at ...

Key Principles of Law for Commerce and Legal Issues RecognitionWhile solving conflicts, alternative dispute resolution can complement any justice system of a given country making it more efficient. Other than that, the process is cheap, and it saves the couples most of their time and expenses. For example, many parties waste lots of money and time hiring lawyers and filing suits. Additionally, ADR increases the satisfaction of its users, and it ...

The prevalence of violence, loss, and redemption in O'Connor's storiesMajority of Flannery O’Connor’s short stories rely heavily on similar elements to help her pass the different messages enshrined within her stories. In particular, redemption and loss have been featured in a lot of her stories including in “A Good Man is Hard to Find”. Different literature experts have blamed the prevalence of violence, loss and redem...

Concept of race and ethnicityThe following report is a succinct illustration of sociological prowess of racial and ethnic practices in different countries, specifically in Malaysia. Social cohesion in terms of religion, ethnicity and race is a phenomenal change in the era of globalisation and multiculturalism (Rivera, 2016). Cohesive practices are often related to social assimilation such as cognitive practices by participating in different so...

Background and key issuesIn this particular instance, Ms Van Olsen has asked me to advise her on the following key issues: Whether or not, do the terms of the easement require Hogg to permit Ms Van Olsen for the continued ability to use the inclinator, so that she could access her property? In case this is possible, what are the possible orders which can be sought out by Ms Van Olsen from the NSW SC so that she could be allowed to contin...

Key Legislation and Legal Advice for New Start-Up CompaniesIn UK, the principal source of law includes the statutes, which are the legislations or the acts of the parliament; the common law, which are the laws which have been made through the principles which have been established in the cases over time; and the laws of the European Union, in context of the treaties and the directives issued (In Brief, 2017). The secondary sources of laws are ...

Security for CostsArbitration refers to the process through which disputing parties submit their positions and evidence thereto to a neutral party to make a determination on the said dispute. In this process, it is the parties themselves who chose an independent and neutral person to resolve their dispute. Submission to arbitration must be contained in the contract agreement as an anticipatory method of resolving any conflict that might arise i...

Components of a Binding Contract1. There are several requirements which must be completed in order for a contract to be legally binding by the law. According to Treitel (2003), the provisions and regulations of England’s contract law have significantly influenced the law of contract in Australia. Following are the requirement necessary for the legally binding contract: Agreement: To establish an agreement between two parties it is nec...

Issue 1: Authority of Directors in Relation to Bonus Shares and Shareholders' Rights to Oppose the DecisionThe purpose of this paper is to throw light upon the limitations and duties of the directors in relation to the issue of bonus shares and dividends to shareholders. The assignment also discussed the consequences of a second strike which the shareholders may initiate if they do not agree with the remuneration report. The discussion is done...

Secondary Rules in Hart's Legal SystemThe dissatisfaction shown by the young member of the tribe made provision for the following proposal. The tribe agrees to oblige under the following: They should act in accordance to the welfare of the tribe The decisions made by the tribe should not be partial in nature Election should take place for the appointment of the group of people who would enforce the decisions made by the eldest tribe membe...

1. What are the key facts of Morrison’s Associated Companies Ltd. v. James Rome & Sons Ltd?The general defense against liabilities in a construction case is demonstrating that everything was carried out as what a reasonable man could have done. An example of such a situation was the case of Morrisons Associated Companies Ltd v. James Rome & Son Ltd (1964) (SLT). The court found the builder not liable for the collapse of the build...

Company DescriptionThis report is prepared to gear up understanding about legal framework of a non-profit oriented public company. This report explains the background of subjected organisation (AMT), its mission, the structure and the responsibilities of the staff involved in the operations of the organisation established for the noble cause, its targeted group of society for which they are concerned for. Report also explains the accounting ...

Tort Law in MalaysiaA central question arising in medical litigation is whether or not a physician attained the legally requisite standard of care. Indeed, the expected standard is the ‘reasonable care’ standard. Courts adjudge this by considering all the circumstances in a given scenario, and by balancing patient interests against the inherent diversity of medical practice (Samanta and Samanta, 2003). Accordingly, the courts u...

Strengths of ASEANASEAN is a group of ten countries which consist of Philippines, Indonesia, Malaysia, Singapore, Thailand, Brunei, Myanmar, Cambodia, Laos and Vietnam. The main object of ASEAN integration is to promote economic growth, political progress, and cultural development and maintain good relations among different countries. It was formed in august 8, 1967 with the sign of Bangkok declaration. Asian has signed six free trade agreements...

Ethical and Socio-technical Challenges of ICT professionalsCyber crime is also known as computer related crime. In layman’s language, it refers to the crime that takes place using a computer system and a network. It involves the criminal activities that are carried out against individuals or multiple individuals with the intention to cause damage to the reputation of the victim so that he or she will suffer from harm which may be psycholog...