On-Demand Essay Samples of Law : Page - 6

BackgroundAns 1: In this case, it was alleged by the ASIC that the directors of the company have breached their statutory duty mentioned in s180. According to this duty, it is the obligation of the directors to use reasonable care and perform their functions with due diligence when they are making a business decision. However, the ASIC has not pointed out towards the specific conduct of the directors that may amount to the breach of this duty....

Income Statement For the year ended 30/06/2017 Particulars Amount Amount Reason Income Cash Sales  $ 315,000.00 Ordinary income s 6-5 ITAA97 Opening Debtors balance  $   10,000.00 Cash received from debtors  $   38,000.00 closing debtors balance  ...

Concept of sub-cultures of consumptionConsumer behaviour is one of the important factors that every company need to analyse. The factors that contribute to the buying behaviour of the customers affect the decisions made by an organisation. One such factor includes the culture of the people (Horner and Swarbrooke 2016). The culture followed by an individual defines the choices made by the individuals. The assignment analyses the concept of sub-...

Questions1. In a business country like Australia, there are numerous companies set up to continue their businesses and try to make profit from it. However, with the growing nature of the business, the companies are taken many steps or tricks to evade the tax system and avoid the government norms with an intention to earn money in an illegal way. In recent times, phoenix activities are observed in the society of Australia (Anderson, Hedges, Ramsa...

Question 1 (a)The case study reveals that the main issue here is regarding a valid offer and a valid acceptance being made, which effectively resulted in a valid offer, or whether the offer and acceptance were invalid, so as to render the offer invalid. A contract can be defined as a voluntary arrangement which is enforceable through the law and becomes a binding legal agreement, which takes place between two or more people. The contract la...

Part A Where a person introduces a term to a contract that excludes liability for death and personal injury then the term is: Ans: Void As of 1 October 2015 the Unfair Contract Terms Act 1977 and the Unfair Terms in Consumer Contracting Regulations 1999 no longer deals with consumers, but which Act replaced it: Ans: Consumer Rights Act 2015 Which of the following is correct: Ans: A condition is a major term of a contract Whi...

Market ValueProperty valuation can be defined as the art of estimating the value of a property for a particular purpose for a particular interest at a particular point of time after considering all the features of the property and taking into account all the economic factors of the market. Valuation of the property involves determining all types of value like investment value, assessed value, market value, insurable value and salvage value. Ho...

The legal system of United KingdomThe law of the United Kingdom has their own legal system which is applicable in different areas like England and Wales, Northern Ireland, and Scotland. The great Supreme Court of the United Kingdom is one of the highest courts in the world. The United Kingdom Parliament, Northern Ireland Assembly, Scottish Parliament and National Assembly for Wales are the different legislatures in the United Kingdom which are...

Accountancy Victoria company overviewAccountancy Victoria is a company, which provides accountancy services and book keeping services to its clients. The company wants to ensure that the business shall maintain all ethical, professional, and legal standards to conduct its business. The company wants to maintain workplace free from all types of harassment and discrimination with the coworkers and provides an appropriate environment to enc...

Identify the IssueThe issue in this case is to evaluate the chances of Coronet Casino with respect to refusing the lease provided to Loire. As per the parole evidence rule when a written contract has been made and all the terms of the negotiation has been documented a party cannot rely on the terms which were discussed during the negotiation and have not been added to the written contract as per the case of Collateral contract are contract...

Whether C&K Scaffolding and Partners are bound for the promise made by one of its partner Cahill? Section 9 of the partnership Act 1963 states the provisions related to power of certain partners to bind the firm. As per this section partner of the firm is considered as the agent of the firm and also of other partners in the firm for the purpose of conducting the business of the firm. This can be understood through case law Watteau v Fen...

Formation of the contractAccording to the case study, Cuthbert and Jason have formed a contract for delivering solar panels, which will be priced per panel $90. The panel will be packaged in boxes of 25 panels per box.  While the formation of the contract, there are several terms has applied between Jason and Cuthbert.  On 7the August after receiving the purchase order, he sends a supply order to Cuthbert, which includes he term where ...

Benefits of incorporating a company for expanding olive business1: After analysing the facts of presented in the case, it can be said that Richard and his son can achieve benefits if they seek the assistance of a company in order to expand the business. The benefits available for setting up a company are better if compared to a sole trader or partnership. The assistance and involvement of a company can help in expanding the business. This is s...

Duties/Responsibilities BreachedFame Decorator Agencies Pty Limited v Jeffries Industries Limited and Ors [1998] Case introduction: the brief facts of this case are that James O’Halloran and his wife had been working in the position of the directors and the beneficiaries of Fame Decorator Agencies. The company owned 217,430 ordinary shares in Jeffries industries Ltd. and at the same time it also had 66,125 convertible preference shares ...

Chapter 1Why was equity law developed and how does it operate as part of the common law legal system in Australia? The core reason why equity law was developed in Australia is to provide ‘fairness and good conscious’ which provides fairness in the cases where common law is unable to do so. The way it’s operated a part of the common law legal system in Australia because the equity law provides a much broader context, it prov...

Scenarios of Swapping of Goods and Services as per Australian Income Tax1. As per Australian Income Tax Legislation 2012, Vol 2, Sec 63E the following swapping has been dealt. a. According to the dentist’s case study, a dentist has exchanged his dental work valued at $600 for a video worth $550 with a retailer. The market value of the video is $550 however; it cost only $300 to the retailer. In this case, the dentist does not gain any i...

Pros and Cons of Always Being Available to Employers and ClientsIn the age of information technology, where every person is connected through smartphones, computers and iPads, the employers and the customers expect that the employees can provide services at any time. In addition to it, the development of the global economy has forced the employees to work at odd timings or the standard time of other countries. It has increased the burnout and wo...

Issue of the CaseOn September 11, Mr. Brian Colin Fine provided Uber X services to Uber X riders or passenger. The question in issue in this proceeding is whether the service provided by Mr. Colin constituted supply taxi travel within for which the Uber drivers are required to be registered for GST purposes. Since this case is being heard for the first time it is a case ‘at first instance’ and the legal issues arising out o...

Role of International Criminal CourtThe research has identified that while terrorism is different from the crimes against humanity. It is found that the elements and severity of the crimes against humanity and terrorism are majorly different. However, at the same time there are many acts executed under the terrorism that can be subject to consideration under the defined crimes against humanity. The most prominent and severe element of terrori...

On November 15, 2015 Gomez Tables & Chairs sold 100 dining room chairs for a contract price of $125.00 each.  At the point of time Walter Smithy placed the order, and gave a cheque of $10000 and same was bounced as the account did not had sufficient funds, bank also penalized $25. I called you so many times but you didn’t responded. A polite request is made by me to make the payment in full as soon as possible or else I have the...

Debate between Municipal and International LawThe relationship between municipal and international law has been a constant subject of debates since a long time. The distinctions and autonomy between the two, along with the impact of international rules on the body of law are some of the questions which give rise to this debate (Ravi, 2017). The difficulty in addressing these issues stems from the fact that there is a difference in the backgrou...

Importance of Complying with Business LawBusiness Law is a broad area of law that regulates the creation of new business and help in solving problems that arise when existing business interacts with other companies, the public, and the government. It covers various legal disciplines such as real estate, tax, intellectual property, sales, bankruptcy, and employment among others. Therefore, new companies must comply with the law before the comme...

Current Requirements of BizOps StaffThis project is focused on an organization BizOps Enterprises that requires upgradation of the office suite software as it is free and open source software. It has been determined from evaluation of the current asset register and software license agreements of the organization that there are 780 computers that have to be upgraded. This report analyzes that the upgradation from the current office...

Webjet frequent flyer points received by a business analystIssue I: The companies often provide reward to their consumers for showing loyalty. Whether the benefits received by consumers for showing loyalty are taxable or not is a matter to be discussed here. PS LA 2004/4 (GA) of practice statements by Law Administration will help us to understand the tax implications for consumer loyalty programs of companies and institutions that reward loya...

Essential Elements of a legally enforceable contract1. a) Mary, Fred, and Chris started a real estate business in Melbourne by writing an agreement on a serviette. The term of the contract stated that equal amount is put by each party and future profits will be divided equally between them. The business is providing bespoke service to peoples entering in real estate market, and all three partners were managing the operations. The key issue ...