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

Tesco Supermarkets Ltd V Nattrass

tag 3 Downloads3 Pages / 582 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Discuss about the Tesco Supermarkets Ltd v Nattrass.
 
 

Answer:

Directing Mind and Will

It defines the liability of the directors of ted corporation where they get involved with various duty related with the corporation. In the liability of the corporation, the authorities like managers, directors, officers are related with such offences. The board of directors has the more responsibilities where if they have found with guilty then it is identified with the individual liabilities. The corporation not always found guilty for any offences related with the corporation but it will hold liable when the directors and other members of the corporation has involved with the criminal responsibilities (Hodge and McLain 2015).

The term ‘maxim Actus non facit reum nisi means sit rea’ is define as the rules of the liability where the corporation is related. However, it will only recognize as forbidden when the criminal activities has been acted or omission by the corporation itself with the intension of the criminal suspects. Most of the time the liabilities are defines the criminal aspects where the corporation is found to be related with the criminal vicarious liability which has been described according to the statutory offences.  When the directors has found guilty with the criminal liabilities they are also prohibits with penalty and fines where shareholders, employees and other innocent parties can be benefited with the compensation (Hodge and McLain 2015).

In the case of Tesco Supermarkets Ltd v Nattrass [1972]  the court has stated the corporation liabilities where the court has make the restriction on the actions of the directors and the managers who are directly related with criminal liabilities (Hodge and McLain 2015).

Piercing the Corporate Veil

It is a process where the limited liability company has provide such personal liabilities for the directors and the shareholders individually regarding the due debts or acts in the corporation. It also recognizes legal liabilities of those members who get their separate legal responsibilities under the corporation. It only provides such responsibilities for incurs regarding the debts and sole beneficiary of the owned credits of them.  Therefore it will only applicable for such sole or partnership which will entitles with the limited liability companies (Lam 2015). Corporations exist in part to shield the personal assets of shareholders from personal liability for the debts or actions of a corporation. Unlike a general partnership or sole proprietorship in which the owner could be held responsible for all the debts of the company covers the whole responsibilities.  

The Piercing the Corporate Veil is a term which affect the corporate who are entitles with small business with the limited assets and reorganization of separateness of the corporations and must  able to identified when it promoting the misconducts of the corporation.  Adams v Cape Industries plc [1990] is a famous case which has been describes the Corporate Veil due the separate legal entity of the limited liability companies for finding the fraudulent activities. The implementation of the Corporate Veil always helps in the existing rights and duties of the corporation according to the Corporation Act. Sometimes the state has depends on the related laws of corporation act where it always ignore the presumption against the Corporate Veil fir the involvement of the misconducts or misrepresentation through a particular corporation (Lam 2015).

 

References

Adams v Cape Industries plc [1990] Ch 433

Hodge, F. and McLain, M., 2015. Play directing: Analysis, communication, and style. CRC Press.

Lam, C.L., 2015. Piercing the Corporate Veil.

Tesco Supermarkets Ltd v Nattrass [1972] AC 153

OR

Cite This Work

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

My Assignment Help. (2018). Tesco Supermarkets Ltd V Nattrass. Retrieved from https://myassignmenthelp.com/free-samples/tesco-supermarkets-ltd-v-nattrass.

"Tesco Supermarkets Ltd V Nattrass." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/tesco-supermarkets-ltd-v-nattrass.

My Assignment Help (2018) Tesco Supermarkets Ltd V Nattrass [Online]. Available from: https://myassignmenthelp.com/free-samples/tesco-supermarkets-ltd-v-nattrass
[Accessed 27 May 2020].

My Assignment Help. 'Tesco Supermarkets Ltd V Nattrass' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/tesco-supermarkets-ltd-v-nattrass> accessed 27 May 2020.

My Assignment Help. Tesco Supermarkets Ltd V Nattrass [Internet]. My Assignment Help. 2018 [cited 27 May 2020]. Available from: https://myassignmenthelp.com/free-samples/tesco-supermarkets-ltd-v-nattrass.


MyAssignmenthelp.com has appointed best assignment experts who are wizards of words. Our writers know every trick of crafting high quality write-ups within a short period. With years of experiences, we have become one of the most prolific assignment help services in the USA. We deliver custom-made help to students with writing different types of assignments. We guarantee total need-based and timely service, and this is why increasing numbers of students prefer to buy assignment online.

Latest Business Law Samples

PGM301 Employment Law

Download : 0 | Pages : 10
  • Course Code: PGM301
  • University: Middlesex University
  • Country: United Kingdom

Answers: Introduction Employment law also is known as labor law, which helps to maintain the relationship between an employee and an employer. There are several laws and regulations made to enhance the relationship of the employee with their employers and unions. In case these laws are not followed then illegal liabilities may occur.  The enforcement of these laws are done by the government agencies and they are legislative executive and...

Read More arrow

BLO 5540 Business And Company Law Assignment

Download : 0 | Pages : 9
  • Course Code: BLO 5540
  • University: Victoria University
  • Country: Australia

Answer: Answer to A Explain the postal rule: In the contract law, there are certain rules mentioned for making a valid offer and acceptance. When an offer has been made and the same has accepted, it will form a contract between the two parties. However, the acceptance must be communicated. In Felthouse v Bindley, it has been held that silence cannot be treated as a valid acceptance. The general rule regarding the acceptance is that it should...

Read More arrow

2106AFE Company Law

Download : 0 | Pages : 9
  • Course Code: 2106AFE
  • University: Griffith University
  • Country: Australia

Answers: 1. Issue The issue that has been identified in the given scenario is whether mortgage can be claimed by ABC Ltd for the land that is owned by Sailaway Pty Ltd which had been mortgaged for the purpose of getting a loan. Law The Corporations Act 2001 (Cth) can be referred to in this given scenario for addressing the relevant issues that have been identified in the given case study. Thus, the relevant sections of the Corporations Act...

Read More arrow

P-M223 International Commercial Law

Download : 0 | Pages : 10
  • Course Code: P-M223
  • University: University Of Warwick
  • Country: Australia

Answer: The subject matter of the case is based on CIF contract. In general, contract is an agreement that binds the parties under certain legal obligations. CIF contract provides certain rights and duties specified for the seller and purchaser in a contract. The term CIF means cost, insurance and freight. These types of contract are usually made during the transportation of goods through ship. In case of such contract, the seller has to bear ...

Read More arrow

BUS503 Principles Of Commercial Law

Download : 0 | Pages : 4

Answers: Answer 1 The variability of different responses regarding the green option failure analysis depends upon questionnaire methods asked to both the guests and housekeepers. Both the questionnaires are based on green option failure analysis. Most of the housekeepers responded as they believed that they would change the sheets and towels anyway. Most of the housekeeper responded as they believed that the towels were not very wet. All the ...

Read More arrow
Next
watch

Save Time & improve Grade

Just share Requriment and get customize Solution.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,320,224

Orders

4.9/5

Overall Rating

5,075

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

453 Order Completed

98% Response Time

Howard Asuncion

LLM in Criminal Law

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

2594 Order Completed

95% Response Time

Michael Johnson

Masters of MSc in Economics

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

3076 Order Completed

99% Response Time

Emily Wei

Doctor of Philosophy (Ph.D) in Civil Engineering

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

755 Order Completed

95% Response Time

Douglas Cowley

Masters in Finance with Specialization in Audit

Wellington, New Zealand

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

very good writings, good references and really good pronunciation. would do here again the other time. very recommended!!!

flag

User Id: 409717 - 27 May 2020

Australia

student rating student rating student rating student rating student rating

must be a stupid expert who finished my assignment, don\'t trust it when they say, how good they are. They are all lies!!! i paid 148 dollars for 1000 words, and got less than 50%.!

flag

User Id: 422981 - 27 May 2020

Australia

student rating student rating student rating student rating student rating

It was good and was satisfied with this. This is completed and was passed right away after the presentation. Thank you!

flag

User Id: 238261 - 27 May 2020

Australia

student rating student rating student rating student rating student rating

They did a good job but this time i was no happy that much because i feel i need to let them again and again then even they did't done proper what i need but anyway once happend otherwise other all are mine good and i clear too

flag

User Id: 247567 - 27 May 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?