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Selection of procurement routeConstruction law is one of the branches of law and is the amalgamation of various different laws like the laws of planning, employment, commercial law and law of tort (Bailey, 2014). The construction industry greatly rests on the provisions of the construction law and the applicability of the construction law differs from country to country. Two important aspects in construction are the procurement route and the con...
Legal System in the HKSAR: Strengths and Weaknesses1. Legal system: The legal framework in the HKSAR region comprises of two primary legislative systems. The two legislative systems are known as the Rule of the law and the Sources of the Law. These two laws define and govern the legal entities within the region of HKSAR. The evaluation of the legal framework has been portrayed in the following: The Rule of the law: The rule of ...
Transaction firstThe current market of the land before to its transfer was $2.5m excluding GST. This value was used as a foundation to settle the land to the trust. On settlement, debt acknowledgements were executed by trusts to Neil, and a gifting deed was prepared by Neil subsequent to this. After two of settling the land, a resource consent application was made by trusts to subdivide the land. Further the same was granted after three mont...
Police CultureCorruption Is Unavoidable Aspect Of Police Work A Discussion. Corruption - Corruption is a necessary and unavoidable aspect of police work. The word corruption is never viewed in a positive light and it has however closely associated with police work. Therefore the statement that corruption is a necessary and unavoidable aspect of police work becomes problematic. Police work is devoted to the protection of common public ...
Agency Law and the Principal-Agent RelationshipUnder the English law, the relationship between the principal and the agent is governed by the agency law, which is a part of the common law. Agency law is an important area under the commercial law, which makes the principal liable for the acts done by their agent, to the third party. The principal is made liable because the agent represents the principal when they enter into transactions for t...
Understand and determine the taxable income of taxpayers and correctly calculate the tax payable thereonThe following problem statement brings forward the provision of “Section 6-5 and 8-1 of the ITAA 1997” in understanding the assessable nature of income and expenses reported by an individual taxpayer. The following issue brings into the context of determining the tax assessment of Bridget relating to the income and spen...
Use of Concept Analysis in NursingA concept is a general idea arrived from a personal perception of the different events in a given environment. In the nursing world, application of concept analysis is gaining grounds and is becoming accepted as paradigms of practice. According to McEwen and Wills (2014), use of concept analysis offers some sort of structure and organization to nursing knowledge as well as providing a systematic method of acqu...
The Role of Social Justice Unionism in Addressing Contemporary Labor IssuesThe social justice unionism consists of all types of theories and practices that are needed to understand the contemporary issues related to that of the labor movements (Scipes, 2014).All the major developing countries are I believe are an extensive part of labor union. The political struggles that are involved with in the labor movement are also an important part of Soci...
Ratio analysis – evaluating the relationship between the items included in the financial statement(a) Computation of ratios Ratio Formula Wallace Gromit Current ratio Current assets/ current liabilities 4.33 1.81 Quick ratio (Current assets-inventory)/ current liabilities 2.36 0.71 Receivables collection period Receivables/sales * 365 42.26 5...
ScopeTo Herbie Smith Advisors Consultant & Co 85 Smiths Villa Native Heights Dear Herbie We look forward to respond to your recent meeting, messages and telephone conversation. We are attaching the advice in respect to the matters sought by you in relation to the assessment of small business entity. Scope: The main objective or scope of the current letter of advice is to give the taxpayer with a valuable advice on the matters assoc...
Directors' Duties and Fiduciary Duty to All Stakeholders and Shareholders of the CompanyThe company Carillon has been in news because of its corporate failings. The purpose of this paper is to analyze the situation of Carillion which has been subjected to corporate failing in the light of directors’ duties and insolvency law in UK. The paper also provides the steps which stakeholders and shareholders of Carillion may have...
Use of stratified random sampling over simple random sampling for representative sampleIn order to analyse the household data, simple random sampling procedure has been taken into account. However, in simple random sampling, there is possibility of under and over representation of the key attributes of population considering equal probability attached with each element being selected. Hence, it would be recommended to use stratified random sampl...
Background and Facts of the ContractOriental Fruit Limited and Global Fruit limited entered into a contract for the purchase through carriage by sea of a particular quantity of Golden Delicious Apples. A CIF (cost, insurance, freight) contract was executed which covered the voyage till the berthing at Portsmouth Port. These were to be shipped in 100kg boxes. The goods were packaged partly in 100kg boxes and partly in 50kg boxes. The 100kg bo...
Essential Elements of a ContractThe facts of this case highlight the key issue in this matter as contractual relations being created based on the three tenders. A promise which has legal validity in the eyes of law, due to the presence of different elements in the agreement, is deemed as a contract. It is basically a promise of doing something and paying for the work being done (Gibson and Fraser, 2013). The elements which are necessary for...
General and Fundamental Duties of Directors and Officers under Corporation Act 2001Whether Uninest directors fail to fulfill any of their general law duties and also their duties stated under the Corporation Act 2001? These sections also discuss the liability of Neals in this context? Corporation Act 2001 introduces different general and fundamental duties of the directors of the organization, and some of these general duties are stated below...
Partnership Business: Smith's unauthorized purchasesIssue In this paper, the issue to be discussed is whether Mary and Used Trucks Ltd recover the payment from Road Measuring Professionals for delivering the equipment and truck. Law The Partnership Act, 1892 (NSW) deals with the formation of a partnership business in Australia. According to section 1 of the above-mentioned Act, when a collaboration between two or more individuals...
PurposeThe basic functions of taxations are as follows; Funding government expenditure: The most important vital function of tax is to fund the expenditure of government. It provides varying amount of justifications and explanation for taxes that has been offered all through the history. Previously, taxes were used in supporting the “ruling classes”, increase armies and create defences (Saez and Stantcheva 2018). Later expl...
Question 1: Mexico's Sugar Taxa) Own price elasticity of demand is estimated by measuring percentage change in quantity demanded relative to percentage change in price. A 10% increase in price of Sugar Sweetened Beverages leads to a 7.6% decrease in consumption of such beverages. Therefore, price elasticity of demand of Sugar Sweetened Beverages for the economy on average is When considered for low income household, the same percenta...
Background of the Diamond Industry CartelCartel is basically association and alliance of rivals in the same sphere of business. In order to dominate the market and earn huge profits, a group of independent market participants collude each other, which is known as a cartel. It is mainly considered as anti-competitive behavior. One of the largest cartel formation that dominates the diamond industry over the past decades is De Beers and the diamo...
Australian Consumer Law and Unconscionable ConductIt is to be determined whether a valid contract was formed between The Bolton Connect Pty Ltd and Rofi in relation to the chosen case study considering the clause of unconscionable conduct According to Knapp, Crystal & Prince (2016), it can be said that action or statement will be considered to be unconscionable conduct if it is unreasonable and defies good conduct. However, it is to be s...
Human Rights Act 1998 and its ScopeWith the advent of doctrine of separation of powers and with the introduction of balance of power, the State has been divided into three separate bodies- the legislature, executive and the judiciary. The Courts, while exercising their powers of judicial review, is not concerned by the decision made by the executive. However, the process of judicial review is associated with the process of making decision rath...
Background of the CaseThe case is based on the adjudication process of adjudicator and the Court for proper adjudication process has proposed certain rules. The principle of natural justice has been established in this case. Further, the rules of professional negligence have been mentioned in this case. In this report, the provision on hourly payment of the adjudicator has been discussed along with detailed discussion on quantum and liability ...
Sale of Goods Act 1957 and Implied ObligationsThis section of the report analyses the various provisions of the sale of goods in Malaysia as defined as Sale of Goods Act 1957. It must be noted that consumers are always considered as parties with weaker bargaining power, and because of this there is need to protect the consumers through effective laws. However, present provisions of the sales of goods Act 1957 are outdated because it does not r...
Delicious Cakes Factory Overview In the given question the business of cakes of Delicious Cakes factory is getting out of business, the reason being the conventional style of cakes and no new ideas or new style of producing cakes. The managing director of Delicious Cakes is reluctant to accept the idea of the marketing director to improvise the style of cakes and enter into the business of producing gourmets pies because of low profits from t...
Legal principles governing Torrens title and leasesIn any legal system, contract and consumer law are the two elements which are considered to be integral in the arena of civil. It is also the case of Australian legal system. Apart from that, property law is another element, which is also emphasized to a great extent under every legal system. Considering this fact, focus of the present assignment would be on discussing provided cases on torre...
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