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LAW6000 Business And Corporate Law  

Pages : 7 | Type : Essay

Question: Discuss about the Case Studies for Business and Corporate Law.     Answer: Issues: Is the partnership bound by Lance’s contract with Mighty Motors Pty Ltd? Can the partnership take action against Lance? Rules: The law, under the Partnership Act, sets out various tests on the effect of a partner’s relationship with outsiders on the partnership as a whole. Generally, the acts of one partner au...

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userWritten By : Mark     postPosted On : Jun 19, 2018     downloadDownload : 0
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LAW 6000 Business And Corporate Law  

Pages : 5 | Type : Essay

Question: Prepare a Consultative report that Critically analyses:   The key features of a partnership as compared to those of a joint venture Legislation applicable to both the partnership and to the joint venture The differences between the two business structures The advantage and disadvantages of each method of business organisation     Answer: Introduction In Australia, there are different forms of unincorporated b...

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userWritten By : Mark     postPosted On : Nov 14, 2018     downloadDownload : 0

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LAW6000 Business And Corporate Law  

Pages : 8 | Type : Essay

Answer: Case Study 1 The legal issues Does a decision to contract made by a single partner in a partnership bind and amass liability to the other partners? Can the other partners take action against Lance? Legal Principles There are three notable legal principles stemming from the foregoing case in relation to partnerships. First is the question of partners as agents of partnership, then unlimited liability and finally the nature of p...

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userWritten By : Mark     postPosted On : Dec 15, 2020     downloadDownload : 0
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LAW6000 Business And Corporate Law  

Pages : 7 | Type : Essay

Answer: Case Study 1 Issue The key issue is whether the partnership will be held liable for the contract formed by Lance and can other partners take legal action against him? Rule A partnership is a business structure which is formed by an agreement between two or more individuals. The object of the partnership is to carry out the business in common by the partners and distributing income or loss between the partners. The liability of the ...

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userWritten By : Mark     postPosted On : Jan 14, 2021     downloadDownload : 0
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LAW 6000 Business And Corporate Law  

Pages : 7 | Type : Essay

Answer: Case Study 1 Issue The key issue is whether the partnership will be held liable for the contract formed by Lance and can other partners take legal action against him? Rule A partnership is a business structure which is formed by an agreement between two or more individuals. The object of the partnership is to carry out the business in common by the partners and distributing income or loss between the partners. The liability of the ...

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userWritten By : Mark     postPosted On : Feb 22, 2021     downloadDownload : 1
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LAW 6000 Business And Corporate Law  

Pages : 12 | Type : Essay

Answer: Assignment on Tort Law In general, some relationships do exist in the society where a person owns a liability of care towards the other person. These relationships are those where fiduciary factors exist in the nature of a relationship, for instance, Doctor-Patients, Solicitors- Clients, and so on. Wherever a person fails to discharge such duty of care, and due to this reason other parties suffer from a loss then such a situation term...

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userWritten By : Mark     postPosted On : Mar 08, 2021     downloadDownload : 0
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LAW6000 Business And Corporate Law  

Pages : 7 | Type : Essay

Answer: 1. Issue Key issues: Whether the partnership is liable under the contract formed between Lance and Lynton? What legal remedies available for the partnership? Rule A partnership is formed between two or more individuals who agreed to run a business in common and share its earnings or losses with each other. It is governed by the provisions given under the Partnership Act 1892. The relationship between partners is a key part of ...

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userWritten By : Mark     postPosted On : Mar 15, 2021     downloadDownload : 0
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LAW6000 Business And Corporate Law  

Pages : 7 | Type : Essay

Answer: Partnership legal structure is formed between two or more parties; these parties agree to run the operations of business together in order to generate profits. The Partnership Act 1892 provides regulations for governing partnership structure. As per the definition of a partnership, it defines the relationship between parties who have joined together to run a business in common with an objective to earn profit (Legislation, 2018). The p...

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userWritten By : Mark     postPosted On : Apr 09, 2021     downloadDownload : 0

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