fb
$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

LEGL201 Company Law 9

tag 0 Download5 Pages / 1,060 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Questions:

Question 1

 Nicola and May are partners in a business which operates a second-hand book shop. They have two employees working for the business. The shop is located in leased premises. The business is doing well and has been profitable for them. An opportunity has arisen to purchase two second-hand book shops in nearby suburbs. Nicola and May are keen to expand their business. They will need a large injection of funds to purchase the additional businesses. They will need to appoint a manager to at least one of the shops, as they will be fully occupied by the other two. Nicola is concerned about her potential liability for the debts and liabilities of the partnership. Also, she is concerned about the future of the business if one of them should decide to leave, as the lease is in both of their names.

Advise Nicola on the advantages and disadvantages of incorporating. If you recommend incorporation, what type of company would be the most appropriate and explain why?

Question 2

Zio Pty Ltd (Zio) was registered in 2015. Angus and Max are its only shareholders and directors. Zio’s constitution provides that Clare is to be Zio’s solicitor. Clare is Max’s wife, but after marriage difficulties they have recently separated. Clare has just received a letter from Zio Pty Ltd stating that her services are no longer required. Advise Clare of her legal rights and remedies that she may be entitled to against Zio.

 

 
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 5 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2020). LEGL201 Company Law 9. Retrieved from https://myassignmenthelp.com/free-samples/legl201-company-law-9.

"LEGL201 Company Law 9." My Assignment Help, 2020, https://myassignmenthelp.com/free-samples/legl201-company-law-9.

My Assignment Help (2020) LEGL201 Company Law 9 [Online]. Available from: https://myassignmenthelp.com/free-samples/legl201-company-law-9
[Accessed 24 October 2021].

My Assignment Help. 'LEGL201 Company Law 9' (My Assignment Help, 2020) <https://myassignmenthelp.com/free-samples/legl201-company-law-9> accessed 24 October 2021.

My Assignment Help. LEGL201 Company Law 9 [Internet]. My Assignment Help. 2020 [cited 24 October 2021]. Available from: https://myassignmenthelp.com/free-samples/legl201-company-law-9.


MyAssignmenthelp.com provides guaranteed satisfaction with a commitment to complete the work within time. Combined with our meticulous work ethics and extensive domain experience, MyAssignmenthelp.com is the ideal partner for all your homework/assignment needs. We pledge to provide 24*7 support to dissolve all your academic doubts. We are composed of 3000+ esteemed experts who have been empanelled after extensive research and quality check. MyAssignmenthelp.com provides undivided attention to each assignment order with a methodical approach to solution. Our network span is not restricted to US, UK and Australia rather extends to countries like Singapore, Canada and UAE. Our assignment help services include thesis help, case study help, homework help, coursework help, MBA help and Programming help. Get your work done at the best price in industry.

Latest Business Law Samples

BU1112 Business Law

Download : 0 | Pages : 6

Answer: Part A Issue: Whether Stella is considered as an employee of PRX? Rule: The main difference between employee and independent contractor is stated below: Employee entered into contract of service, but contractor entered into contract for services. Employer exercise control over the employee but no control was exercised by employer on contractor. It is considered as traditional test which was developed in Zuijs v Wirth Bros(Zuijs...

Read More arrow Tags: Australia South Lake Management health finance management  University of New South Wales 

BSBWHS605 Develop Implement And Maintain WHS Management Systems

Download : 0 | Pages : 15

Answers: Work Health and Safety Management System (WHSMS) is a collection of plans, tools, activities and processes. List 3 of these plans, tools, activities or processes and explain what they are, The means, nitty gritty beneath, can be utilized whether the arranging procedure is straightforward or complex. They are: Evaluating the current word related to wellbeing and security status including the 'administration framework' Lussier, R. N...

Read More arrow Tags: Australia Brisbane Management Work Health and Safety Management System (WHSMS University of Brisbane MBA 

BUSN331 Business Law

Download : 0 | Pages : 3

Answers: Introduction In Alberta, the Residential Tenancies Act applies to all the people in this jurisdiction, who rent their space out (Alberta Queen’s Printer, 2016). Through this act, the rights and responsibilities of the landlords and tenants are brought forward (Landlord and Tenant, 2015). Question 1 Before a tenant can move in the rented accommodation, the tenant and the landlord have to reach an agreement, with regards to the...

Read More arrow Tags: Australia Edmonton Humanities Management University of New South Wales Masters in Business Administration 

LA1040 Contract Law

Download : 0 | Pages : 11

Answer: Introduction  A contract is an agreement between the parties which is enforceable legally in the courts. There are several provisions of law which governs how the terms related to the contract would operate. A contract consists of a set of provisions which are known as contractual terms. The weightage of such terms are not equal as one term may have a more significant consequence as compared to the other in relation to their brea...

Read More arrow Tags: United Kingdom London Economics Management University of London 

TLAW202 Corporations Law

Download : 0 | Pages : 9

Answers: 1. If any person wants to carry out his business in the form of a company, then, it is necessary that the registration or incorporation requirements of such country must be met. In Australia, the Corporation Act 2001 and the guidelines laid down by ASIC provides with the steps that must be accomplish in order to establish a corporate entity.  (Malbon & Bishop, 2006). A company is of great significance as it is treated as a ...

Read More arrow
Next

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?