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Director's duty to prevent Insolvent Trading Discuss about the Australian Securities and Investments Commission. The brief facts of this case are that a director was disqualified by the court for 10 years after the court discovered that there had been a breach of section 588G by such director on many occasions. It was stated by Barrett J that it is possible for a party to fail to act honestly without any subjective intention of deceiving the ot...
Historical Background of UDHRHow Universal Declaration of Human Rights has become a shield to protect the basic human rights worldwide and its role behind maintaining the world peace in contemporary times. The purpose of this report is to critically analyze the significance of Universal Declaration of Human Rights to ensure the protection of the human rights for the sustenance of global peace. In this report, the historical reason...
Intention to be Legally Bound in a Contract Discuss about the Business Law for Domestic Agreement. The issue that has been found in this case is that Charlie and Ali were not legally bound. Charlie and Ali were not legally bound because it was identified that they both were brother and sister. However, they both are domestically related to each other but it has also been identified that they had a formal contractual agreement between them. In ...
Formation of contracts Discuss about the Contract Law Between Gaby and Sara. The following are the issues that consist in this question. Firstly, a valid contract was formed between Gaby and Sara. Secondly, whether Terrence was liable to pay for the price of the gold that was ordered by Peter. Thirdly, Terence have to pay for the diamonds that Peter had ordered after his period of termination. As per the Agency Law, it can be observed and stat...
Principal-Agent RelationshipDiscuss about the Business Law Authority or Express Authority. The issue in this case that whether there was an authority on the part of Sara and Peter to deal with Gabby and Mary respectively on the behalf of Terrence. And if so, is Terrence liable to pay Gordon the demanding amount. According to the law of agency, there is an agreement between an individual who entrusts his rights or authority to another...
Defining White-Collar Crime and Corporate Crimes “White collar crime may be defined approximately as a crime committed by aperson of respectability and high status in the course of his occupation. The financial cost of white collar crime is probably several times as great as financial cost of all the crimes which are customarily regarded as the crimeproblem”. Critically discuss the above statement and evaluate how ethics and controlc...
Requirements for Divorce ApplicationDiscuss about the Applying Of The Manage Your Own Divorce. (Your Name) Paralegal XYZ Solicitors 421, King Street Sydney, NSW- 2019 15th March 2018 Dear Ms Chloe James Re: Divorce Application This is with reference to the information sought out regarding the legal procedures and...
Causes of Shipping Accidents Discuss About The Investigation Of Shipping Accident Severity. Charge over professional negligence – all the three officers; first mate, second mate and captain can be charged with professional neglect in a court of law. The manner in which the communication and delegation of duties were done was too casual and unprofessional. Also, incomplete work by the first and second mate could even accounting to gross pr...
Introduction to Dalata Hotel Group and its portfolio Question: Discuss About The Exploration Expansion Associated Strategies? Dalata Hotel Group is an organization which operates in the hotel industry and has many hotels in the United Kingdom and Ireland. Dalata Hotel Group was founded in the year 2007 by Pat McCann. The hotels that are operated by the Dalata Group include the ones which are a part of the Clayton Hotels and Maldron Hotels bran...
Elements of a Legally Binding Contract Discuss about the Law for Jones Entitlement to Claims. For the purpose of determining if Jones is entitled to the two amounts he is claiming from Ivor, the legality of the contract between them is needed to be analyzed. In the absence of legality of the contract, the entitlement of Jones to the two amounts will be needed to be scrutinized. In this context it is mentionable that a set of promise or promise ...
IssuesDiscuss about the Practical Introduction To Australian Taxation Law. The problem here is based on the determination of the ordinary income under the provision stated under the “section 6-5 of the ITAA 1997”. The problem statement also deals with the expenses that are allowable as deductions under “section 8-1 of the ITAA 1997”[1]. The issue to the case study of Kate revolves around the ascertainment of t...
Issue Discuss about the Business Law for contract Between Bob and Mollie. Whether a contract was formed between Bob and Mollie A contract is defined as a statutory agreement between two or more persons that is enforceable in the court of law. The significance of contract lies in the fact that it comprises exchange of promises, which have legal enforceability (McKendrick 2014). In order to render a contract as valid, a contract must include its...
IssueDiscuss about the Contractual Liability for Olley V Marlborough Court. The issue in this case is that whether David can claim compensation for the damages to his car. Exclusion clause is considered to be significant term under the law of contract with the help of which one of the parties to the contract can escape liability. The essentials of exclusion clause are- The parties to a contract can only rely upon the existence o...
McDonald's Evaluate the regulatory framework face by McDonald's in Australia. Multinational companies which operate their business in more than one country have to comply with various international requirements to ensure that firms are ethically operating their business. The governments provide regulatory frameworks that are necessary to comply by the international firm to operate their business efficiently. Treaties are the agreement between t...
CybercrimeDiscuss about the Cybercrime And Its Impact In The Current World. This report aims at delivering aspects related to the cybercrime and its impact in the current world. Technology has been continuously evolved with the passage of the time that has contributed in the better facilities and labour less working for the execution of several aspects (taylor, Fritsch & Liederbach 2014). For example cloud computing, IoT, Wireless...
Key Responsibilities of TaxpayersDiscusss about the Key Responsibilities of Malaysian Taxpayers in the Process of Tax Compliance. In the recent past, the Malaysian tax system introduced a new tax system by shifting from the Official Assessment System (OAS) and adopting the Self-Assessment System (SAS). It is worth pointing out that the new system brought about a considerable shift of the responsibility from the government to the taxpaye...
Management Costing Discuss about the Role of Client Quantity Surveyor in Management Costing. Management costing can be described as the process which involves not only adequate planning but also control of costs in a business. It is one of the pivotal task in the management of business. This challenge could be associated with the numerous and critical formalities which accompany the whole exercise (Ashforth & Kreiner, 2009). Whe...
BackgroundDiscuss about the Current policy skilled immigration policy. The Australian government has adopted several policies that purported to prevent asylum seekers from arriving by sea. During this phase, mandatory offshore processing and immigration detention have been the essential polices that aimed at reducing the number of boats arriving in the country. Australia is one of the signatories to the United Nations 1951 Convention an...
Overview of Fringe Benefits Tax Assessment Act 1986Question:Discuss About The Practical Introduction Australian Taxation? Fringe benefit is regarded as the benefit that is provided to the employee by the employer other than the salaries and wages. According to the “FBTAA 1986”, it is noteworthy to denote that there must exist the relation of employee and employer between the person receiving the benefit and the person providing (Bro...
Tax Minimization Strategies and Practices Question: The Panama Papers exposed the use of tax havens by many Multinational Corporations (MNCs). Is MNC Tax Minimisation unethical, an issue that governments should be taking action on, or legitimate conduct? Critically discuss. MNC Tax Minimization is unethical and a very major issue that the government should take action on. Taxes are minimized by making an investments that easily postpones the a...
Unconscionability under the Common Law of Contract Question: Discuss about the Facets of Unconscionability In Law. Unconscionability, also referred to as unconscionable conduct, is usually found under the contract law; though, these are not restricted to the contract law and can also be found in statutory laws like the Australian Consumer Law. So, unconscionability is not limited to the common law and is also present in the statutory...
Cloud ForensicsQuestion:You are a Digital Forensics Examiner. Considering a real or a hypothetical case you are required to produce a formal report consisting of facts from your findings to your attorney who has retained you.In this era of ICT, smartphones have become an important part of the life of the people. Cloud storage applications are gaining importance as it allows the users to gain access to their own information from any location and ...
Calculation of net capital gain or net capital loss Questions: 1. Over the last 12 months, Eric acquired the following assets: an antique vase (for $2,000), an antique chair (for $3,000), a painting (for $9,000), a home sound system (for $12,000), and shares in a listed company (for $5,000). Last week he sold these assets as follows: antique vase (for $3,000), antique chair (for $1,000), painting (for $1,000), sound system (for $11,000) and sha...
Background InformationQuestion:Analyse the Case Study Of B.R. Richardson Company. In the critical analysis of the B.R. Richardson Timber Products Corporation (BRRTPC) is about the changes of interventions the company has applied due to the decreased productivity and shortage of employees. This small lumber company situated in Papoose, Oregon was with low self-esteemed, morale, safety issues and an authoritative manager. The assignment talks abo...
Significance of Corporate Veil Question: Plutus Payroll and associated Companies Case Study. The corporate veil, the piercing of the corporate veil and the duties of the directors are terms associated with the issue which is surrounding modern day corporate governance. The purpose of this paper is to through light upon SYNEP, PLUTUS PAYROLL (PP) and other Syndicate companies (SC) in relation to corporate veil, the piercing of the corporate vei...
