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Pre-contractual misrepresentation and mistake in the subject matter of the contract1: The key legal issues in the current matter are: Pre-contractual misrepresentation: Peter deliberately misrepresented himself before the publisher in receiving a free sample of the astronomy textbook in exchange for the book review. The publisher would not have provided a free copy to Peter if he was aware of the fact that Peter is a third-year student and...
Goals of the ProjectEmpire State RetroFit is a project that comprises of the RetroFit of the large building. There are a total of seven projects that will be required to run for the project. These projects include radiative barrier, balance of direct digital controls, chiller plant retrofit, VAV Air handling units, Building Windows, Tenanet Energy Management, and Tenant Daylighting & lighting plugs. The report covers the goals, objectives,...
Fred's daily behaviour before and after entering AustraliaThe Australian resident is referred as the person who is the resident of Australia for the taxation purpose under “section 995-1 of the ITAA 1936”. The court in “Reid v The Commissioners of Inland Revenue (1926)” considered the meaning of the word “reside” (Kenny 2014). The commissioner expressed that the presence and time are to be taken in...
Scenario - Analysing Contract Formation Invitation to treat Offer Counter offer Rejection of offer and counter offer Rejection of offer Offer Rejection of offer Offer Request for information and supply of information Acceptance Rejection of offer Rejection of offer (Not valid since contract has been formed) Whether a contract exists between Jane and Tarzan? Offer and acceptance are essential elements of a contract. An offer...
Evaluation of the Formation of Valid ContractsA contract creates a binding relationship between parties under which they can be legally enforced to comply with its terms. In this paper, a case study will be evaluated by using different laws relating to contract and its key elements. The objective is to evaluate the legal position of different parties in the case by applying relevant laws and cases. Moreover, various alternative dispute resolut...
Separate Legal Identity of a CompanyThe central concern in wake of the given facts is to outline the potential liability of Steve (the promoter) in relation to a contract formed after the company registration and a preregistration contract which was subsequently not ratified by the board. A key aspect of company is that it possesses a separate legal identity as has been outlined in s. 124(1) Corporations Act 2001. This provides the co...
Cash Basis and Accrual Basis of AccountingThe cash basis and the accrual basis are referred as the two different methods that is used in recording the transactions. The main fundamental differences among the two method is the timing that is involved in recording the transactions. The cash basis of accounting helps in recording the cash that is received from the customers while the expenses are recorded when the cash is paid to the suppliers an...
Areas to be coveredSocial justice issue is a common term which is used all over the world and people are found to be fighting for it vigorously. The mentioned term can be defined as issues that take place due to the limitation of social rights or violation of the same for a specific group of individuals without any genuine reason. Considering the fact that a huge number of asylum seekers from Syria and other parts of the worlds are arriving at...
Flowchart for Optimal Utilization of Market Intelligence to Address Sourcing ChallengesQ1: Parts of the “Flowchart for Optimal Utilization of Market Intelligence to Address Sourcing Challenges” Strategic Scoping: alludes to the items and administrations an organization intends to offer over a particular period, and shows where and to which target markets they will be sold. ... Key degree choices are imperative since they set focus...
Training and education advancements in construction engineeringTraining and education in construction engineering has been advanced by Virtual Reality and Augmented Reality technologies which are effective and qualitative. Milgram and Colquhoum came up with a representative classification of the system for visualization focused on positioning virtual reality (Chen, Chi, Hung, & Kang, 2011). They give a description of the merging of vi...
LoveBangla: A Bangladesh-based Charity for Australian Homeless PeopleLoveBangla is a charitable organization that helps the people of Australia to get food and clothing. The remote areas of Australia are highly affected by poor economic condition and the people over there cannot afford food and clothing (Rches and Silvasti 2014). LoveBangla the Bangladesh based organization is helping those people who are affected by the poor economic conditio...
Part 11. Euthanasia, assisted suicide, mercy killing are all terms to explain the same case. People who are in a medical state where they are unable their cure is not possible they may ask for the mercy killing. This is where he or she shall be assisted to die with the consent of the court. This is a case that has been in the discussion among the judiciary system for a while now. Noel Douglas Conway is 67 years old and has been suffering from...
Case Scenario 1: Hiring Electronics from Electric BluesThe key issue raised in this case is whether Weitao is liable to pay the replacement fee to Evelyn as per the terms of the contract signed by him? An exclusion clause is referred to a term which is included by the parties to a contract in order to avoid their liability which is raised in case of breach of the contractual terms. These terms are used by parties to avoid paying compensatio...
The link between private troubles and social policyThe social justice is a perception of fair relationship between an individual and society. It stresses on people to receive benefits and burden of cooperation. The social policy is referred to the policies which are used by the government for the welfare and social defence. The social problems affect and damages society, so the social policies are recommended to overcome the issues. In this re...
The information provided related to the company has been thoroughly reviewed. The underlying case laws, tax rulings and legislation have been referred to for providing correct advice in relation to the taxation treatment of the various cash receipts and cash outflows. In order to reach the recommendation, various steps have been considered relating to identifying the issue, discussing the underlying law, applying the same on the basis of the f...
Problem Investigation, Scope, Assumptions, and LimitationsThe aim of the project is to progress or design a drive-line control for the quad bike. The controller seeks to reduce misfortunes and produce consistent stunts while it is anticipated to have a mechanized control of the wheel stand disarray. The controller tests the operation of the second degree of freedom of the quad bike using a rotational and translational model of the Simulink des...
Part 1: Registration of a Proprietary Limited CompanyThe issue that needs to be decided in this question is if the company registered as a small proprietary company or as a large proprietary company. At the same time, it also needs to be considered if the company will remain in the same category or if it will fall under some other category as a result of the future projections regarding the revenue and assets of the company as well as the numb...
Task 1: The roles of an advocate Issue Type of advocacy Reason Dad has asked the landlord to erect a gate to stop their children getting on to the shared driveway. Family Dad is advocating for his family for their safety. You are explaining the merits of immunisations for a baby with its Grandmother. Service User Advocating and supporting children good health through immunisations. ...
Calculation of Taxable IncomeBeing a public listed company Tastegood Limited have 215,000 numbers of outstanding shares and the company is specialized in the production of confectionary where the production is highly dependent upon the use of heavy machineries (Winfree et al, 2018). The business deal between Tastegood Limited and Cheap & Good Limited is for 10 years where confectionaries will be provided by the former to the latter. Thus t...
Characteristics of Agency RelationshipsIn the current scenario, where businesses are growing fastly and everyone is being busy, it is not possible for a person to do everything by him/her. In such a situation, a person often authorizes others to do act on his/her behalf. Such authorization creates a relationship of agency between two of these people. An agency relationship is a type of mutual arrangement where one party gives an authority to a...
Legal capacity to enter into a contractIn this present scenario, the issue is whether Bruce is bound by the contract. This issue can be resolved by having a discussion about the provision of contract law. A contract is a legally binding agreement that binds two parties. There is an intention in that agreement to bind the parties legally (McKendrick and Liu 2015). Promises are exchanged in a contract to do an act in exchange of something els...
Valuation of Tax Liability for HerbertThis report is prepared for generating knowledge about different concepts related to tax and estate planning. It focuses on the calculation of total tax liability of Herbert and Dorothy for the business year of 2018/2018. The report will also facilitate the advice to Herbert and Dorothy with regards to the decision of merger. Final section of this report will provide recommendations to Herbert and Dorothy ...
DiscussionThe AIG General Insurance has been under fraud case with the Greenberg Company for improper intercompany transactions. American International Group, Inc. is also known as the AIG general insurance operating in the financial and insurance sector. The company has its presence in more than 100 countries. In the year 2001, AIG Company has been claimed by the securities exchange commission for bolstering the company’s balance sheet ...
Scenario and Information ProvidedThe scenario that has been presented provides detail of a client who is primarily an investor along with being a collector. In 2017/2018, a series of transactions have been entered into by the client, which involved sale of selected assets. Two scenarios can emerge based on the given information. Under one scenario, the client may have a business whereby these assets are regularly bought and sold and thereby tr...
Legal requirements for contract formationThe central issue in this case is to find whether the parties Ann and Jack have enacted an enforceable contract based on the relevant case law. An enforceable contract would be executed between two parties when there is lawful offer, acceptance, consideration, intention to enter into contract and position or capacity of the parties to create contract (Carter, 2017). The main aspects are valid offer a...
