Part 1Describe about the Company Law for Business Employee and Shareholders. The shareholders of a company are other people who are affected by the actions of the company. In the event of winding up of the company, the main stakeholders of the company are its, directors, creditors, employees, owners (shareholders), unions, suppliers and the community through with the company gets its resources. At the time of winding up not all stakehold...
Description of the IssuesDiscuss about the Change Proposal for Addressing Inequality in Australia. The term inequality generally refers to a social, financial, professional and national phenomenon which deprives individual or group of individuals from getting equal rights compared to others. The below provided study is a change proposal which is aimed at the purpose of finding solutions or addressing inequality in Australia. In...
The Scallop Fishing and Marketing Act and Incorporating a CompanyBob Beech is a scallop fisherman and involved in commercial scallop fishing in the coastal water of Jervis Bay in New South Wales. The stock of scallops in this water is limited and subject to protective legislation to ensure regeneration. Hence, the Scallop Fishing and Marketing Act provides for a quota system. Under the quota system, a person must apply for ...
Section 201 and 501 of the Migration Act 1958(1) Can Billy be deported, considering he has been living in Australia now for more than 15 years? Write a letter of advice to Billy explaining the legislation and requirements in sections 201 and 501 that relate to his circumstances and what his options would be if his sentence was to cause the Minister to consider cancelling his visa and deporting him.(2) Discuss, with referenc...
Can Bob double his catch by incorporating a company?Discuss about the Business Law for Scallop Marketing Authority. In the case, Bob beech is a scallop fisherman, who is engaged in commercial scallop fishing in New South Wales. But the subject of scallops is under protective legislation. The act of Scallop fishing and marketing uses quota based system to each fisherman, which they can get after applying. For individual, the q...
DiscussionDiscuss about the Integrated Marketing Communication on Consumer Behaviour. The Australia Wildlife is a tour company operating in Australia with four unique brands. It offers one of the most interactive and diverse experiences of wild life in Australia. The company offers couple, family or group and even to the backpacker. The company offers to the travelers from all over the world with such a mesmerizing experience of tourism...
Issues and Related RulesDiscuss about the Business Law for IRAC Methods. Whether Jonas can sue his friend for seeking compensation for the harm incurred upon him under Contract law or Negligence law? Contract Law Tort Law- Negligence and Contributory negligence A contract has been regarded as an agreement entered among two persons. In that agreement there must be an offer and acceptance, intent to create a lawfully bind...
Breach of Duty by Managing DirectorDiscuss about the Business Law for Companies Act 2006. As mentioned in the above scenario, Bella is working with Eternal Youth Pty Ltd. (EY), as a managing director, which is a successful company. Bella owns most of the shares of Eternal Youth Pty Ltd i.e. 60% of the company. She decided to help Leon selling his new organic male soap for men by setting up a new company under the title Wonder ...
Application of Employee or Contractor ClassificationDiscuss about the Technicalities Ltd or Innovative Storage. Is Maisy an employee or another type of worker? Understanding the form of worker Maisy is to Technicalities Ltd or Innovative Storage will make clear her position in applying for a job with IS, it would show if she has breached any contract she had with Technicalities. All employees in Australia will need to have a Common l...
Fred’s capital gain calculationDiscuss about the Taxation, Theory, Practice & Law for Net Capital Gain Pirchases. Analysis of Fred’s overall net capital gain covering the various related transactions, noted after his involvement in the purchase of his holiday house, in the main concern of this report. The concept of overall net gain and net loss is understand by learning the importance of required laws of calcu...
Impacts of the Multinational Companies on the Developing EconomiesDiscuss about the Multinational Corporation for Foreign Investments. Multinational Corporation or the MNC is an organization, which owns or controls the production of the goods and the services in one or more. Corporation entails a group of individuals who are authorized to act as the single entity and are recognized by such laws (Alvarez, 2016). The MNCs operates...
Law and contractual acceptanceDiscuss about the Report for Contracts Created by Electronic Means. Introduction: The exact moment when the contract has been created between the parties when the contract is created through electronic has remained an important issue. The need for deciding the exact moment of the formation of a contract will always remain very crucial. The performance of the contract may be referenced to the moment when the ...
Background of the Legal CaseDescribe about the Introduction to Business Law for Comprehend the Transaction. 1: The three causes of action on which the respondents had relied upon were: (i) that the bargain was unconscionable; (ii) That the transaction has been procured as a result of undue influence; (iii) and the transaction has been induced as a result of a misrepresentation or due to the reason of the concealment of facts regarding whi...
Fundamentals of Contract LawDiscuss about the Business and Corporation Law and Economics. In this matter this case needs determination of the actuality if an officially enforceable agreement is there in among Richard and his father. In this matter, it desires to decide that it has to show if the parties to the contract had the purpose of inflowing into a lawful relationship. In this case study a promised has been made by Richard&rsquo...
Solution 1Describe about the Business Law for Business Legitimate Interest. Issues Whether Richard and his father have made a valid contract? If yes, then Can Richard sue his father for the recovery of his weekly allowance @ $200? The raised issue is resolved by evaluating the elements of contracts which are required to make a valid contract. A contract is an agreement which is made by the parties themselves and which has relevance a...
Solution 1Describe about the Business and Corporation Law for Industrial Employment Law. Issues Whether Richard’s father is liable to Richard for the weekly allowance? The law which deals with the present issue is the law of contract and in order to provide conclusion to the issue aroused, analysis of the elements of the law of contract is necessary. A contract is created when a person gives an offer to another with a view of t...
Classification of IncomeDiscuss about the Business Insurance Law and Practice. The income that is earned directly or indirectly by the residents of the Australia and whether it is earned outside or within the country is regarded as the assessable income. Therefore, the income that is generated from the sale of the property by the resident of Australia is treated as the assessable income of the individual residents of Australia (Barkoc...
Ordinary Income of Residents of AustraliaDescribe about the Taxation Law for ITAA Sec 6-5. 1. According to the ITAA sec 6-5, the ordinary income of a resident of Australia is considered to include all concepts that are considered ordinary (Groenewegen, 2009). It is the income that will be assessed for that individual. The assessable income will be treated in a different manner. This will depend on whether one is resident of Australia or a...
DiscussionDiscuss about the Business Association for Corporations Law. Interaction between the companies and stakeholders is regulated and formulated under the corporation law applicable to all the companies whether private or public listed or unlisted. Corporations Law regulates and formulates the provisions, principles and standards that are required to be followed by the directors and management of the companies for operating the ...
IssueDescribe about the Institutional Affiliation for Principles of Company Law. The issue in this case is if Peter and Aidan can be held to be bound by the contract when Adrian entered into a contract for purchasing accounting standards worth $25,000. In this regard, it needs to be mentioned that according to the partnership agreement between Peter, Aidan and Adrian, each partner has the authority to enter into a contract up to the value...
Case 1: Can a Promise be Legally Enforced?Describe about the Essays on Contract for Legally Enforceable Law. 1. The issue that is present in this case is related with the fact if the agreement that was concluded between Richard and his father is legally enforceable or not. According to this agreement, Richard's father agreed to pay him $200 per week in he took care of the family property and mowed the lawns. But later on, the father refus...
The Principle of Separate Legal IdentityDiscuss about the Cases and Materials in Company Law. The doctrine of separate legal identity of the company is a basic principle of the law and that is applicable in most parts of the world. In accordance with this principle, the law treats a corporation as a distinct entity that is separate from its members. The rule of the separate identity of a company can be found throughout the company law...
Formation and Validity of the ContractDiscuss about the Report of Australian Woollen Mills Pty Ltd. The law of contract has assumed prominence in the commercial field for the significant role that it plays. Indeed, the applicable law in regards to this solution that this paper seeks to critically discuss, shall be one within the panoply of Contract Law. Of particular significance to note, is that in the law of contract there are essen...
Assessable IncomeDescribe about the Taxation Law for Work Related Expenses. 1:- For the Australian residents the incomes, earned from all direct and indirect sources within or outside Australia, are considered as the assessable income. Any income generated from the sale of property by any Australian resident, therefore, should be treated as an assessable income of the individual resident (Woellner et al. 2012). However, under ITAA ...
PartnershipDiscuss about the Corporate Law for Section 6 of Partnership Act. In accordance with the information provided in the case, a successful business is being operated by Jack, Jill and Max from the last one year and it deals with truck sale. But for future growth and sustained progress, the formal definition of business structure is mandatory as the underlying liabilities associated with each are different. There are a host of opti...