New

Connect on Whatsapp : +97143393999 , Uninterrupted Access, 24x7 Availability, 100% Confidential. Connect Now

Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

LST2LBA Law Of Business Association

tag 0 Download 7 Pages / 1,565 Words tag 26-11-2020
  • Course Code: LST2LBA
  • University: La Trobe University
    icon

    MyAssignmentHelp.com is not sponsored or endorsed by this college or university

  • Country: Australia

Questions:


Question 1

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).  Do not discuss contract law.

 

Question 2

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).  Do not discuss contract law.

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

Cite This Work

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

My Assignment Help. (2020). Law Of Business Association. Retrieved from https://myassignmenthelp.com/free-samples/lst2lba-law-of-business-association/case-studies-on-corporation-act.html.

My Assignment Help (2020) Law Of Business Association [Online]. Available from: https://myassignmenthelp.com/free-samples/lst2lba-law-of-business-association/case-studies-on-corporation-act.html
[Accessed 18 August 2022].

My Assignment Help. 'Law Of Business Association' (My Assignment Help, 2020) <https://myassignmenthelp.com/free-samples/lst2lba-law-of-business-association/case-studies-on-corporation-act.html> accessed 18 August 2022.

My Assignment Help. Law Of Business Association [Internet]. My Assignment Help. 2020 [cited 18 August 2022]. Available from: https://myassignmenthelp.com/free-samples/lst2lba-law-of-business-association/case-studies-on-corporation-act.html.


We Can Help!

Get top notch assistance from our best tutors !
Excel in your academics & career in one easy click!

icon

Other Samples

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?