$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

LST2LBA Law Of Business Association

tag 0 Download7 Pages / 1,527 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Questions:

This task will test your capacity to determine the issues in a problem, set out the law, apply the law to the facts and advise a conclusion. Good expression and structure will be rewarded.

Q1.

Michelle and Tim are passionate about motorbikes.  In fact, they own a company called Motorbikes Pty Ltd.  Michelle is a Director and Tim is the company secretary.  They buy and sell motorbikes and repair them.

John wishes to sell his motorbike.  John approaches Tim and Tim agrees to purchase John’s motorbike for $5,000.  Tim and Michelle both sign the contract to purchase John’s motorbike.  

Two days later, Michelle thinks they have paid too much for John’s motorbike and wants to get out of the contract.

Is Motorbikes Pty Ltd bound by the contract?  Provide reasons for your answer.  You must cite relevant Australian case law and the Corporations Act 2001 (Cth).

Q2.

Gerard and Sylvia love cakes and have recently decided to buy a cake shop from George.  

Gerard and Sylvia register a company “Cakes Pty Ltd” with the Australian Securities and Investments Commission.  Gerard is listed as a Director and his mum, Sarita, is listed as the company secretary.

On the day of signing the contract to buy the cake shop from George, Gerard stamps the contract with the Cakes Pty Ltd company seal and signs as a witness.  The other witness is Sylvia.

A few days pass and George thinks he should have not sold his cake shop.  He now wants it back.

Is George bound by the contract?  Provide reasons for your answer.  You must cite relevant Australian case law and the Corporations Act 2001 (Cth).

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 7 pages, 1 USD Per Page

Cite This Work

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

My Assignment Help. (2021). Law Of Business Association. Retrieved from https://myassignmenthelp.com/free-samples/lst2lba-law-of-business-association/a-case-of-motorbikes-pty-ltd.html.

My Assignment Help (2021) Law Of Business Association [Online]. Available from: https://myassignmenthelp.com/free-samples/lst2lba-law-of-business-association/a-case-of-motorbikes-pty-ltd.html
[Accessed 27 September 2021].

My Assignment Help. 'Law Of Business Association' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/lst2lba-law-of-business-association/a-case-of-motorbikes-pty-ltd.html> accessed 27 September 2021.

My Assignment Help. Law Of Business Association [Internet]. My Assignment Help. 2021 [cited 27 September 2021]. Available from: https://myassignmenthelp.com/free-samples/lst2lba-law-of-business-association/a-case-of-motorbikes-pty-ltd.html.


Obtain plagiarism-free assignment whenever you opt for our assignment help service in Aus. We have a strict zero-plagiarism policy that our expert writers steadfastly follow when they work on your academic papers. They will find the most pertinent resources for your task and cite them appropriately. They will maintain complete originality while including information in your paper. This way, they WILL uphold your academic integrity at all cost.

Latest Business Law Samples

LAW504 Business And Corporations Law

Download : 0 | Pages : 7

Answer: Introduction: In Australia, national law was introduced by government for the purpose of providing regulations and guidance for all businesses to deal with their competitors, suppliers and customers, and it is named as Competition and Consumer Act 2010 (CCA) which was formerly known as Trade Practices Act 1974. This law is introduced for the purpose of ensuring fairness and openness from the businesses while dealing with their competito...

Read More arrow Tags: Australia Rookwood Management Policy Based Essay Writing University of New South Wales Masters in Business Administration 

BLO1105 Business Law

Download : 0 | Pages : 11

Answers 1 (a) Issue The issue is whether, based on the email correspondences between Mary and Lianne, there was a contract that was formed. Rule For there to be a valid contract, there must be certain elements that must be fulfilled. The major elements to be satisfied include intention to enter into a legal relationship, capacity to contract, the agreement (which includes the offer and acceptance), the consideration and the certainty of ter...

Read More arrow

COMM400 Mass Media Law

Download : 0 | Pages : 4

Answer: Introduction In case of Fox Broadcasting Company V. Dish Network, LLC the decision was made by the District Court of United States for the Central District of California. This is a case on copyright (Joyce et al., 2016). Fox made allegations against Dish regarding breach of contract and infringement of copyright. A partial summary judgment was granted denying by the court denying a major part of the copyright claims against Dish Netw...

Read More arrow

PACC6009 Business Law

Download : 0 | Pages : 9

Answers: Question 1 Issue The issue in the given case is to extend an advice to Tina regarding her rights in the two cases mentioned below: Case 1: Would contractual liabilities be enforceable on Tina on the account of the fact that Bred the agent of Tina has formed a contract with Caltex on behalf of her when he had no requisite authority? Case 2:  Does Tina has the rights to demand for the secret benefits generated by her agent Paul...

Read More arrow

BLO5540 Business And Company Law

Download : 0 | Pages : 3

Answer Schwartz: In the matter of Babybelle Pty Ltd (ACN 116 052 683) [2007] FCA 1469 (September 2007) a. The relevant facts of the case: The fact of the case is Mr Schwartz is the plaintiff who has sought leave for manage a proprietary company which name is Babybelle Pty Ltd. He also wants to appoint a director for the company. The Australian Securities and Investments Commission (“ASIC”) make a notice against him for disqualifie...

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?