Company Law: Assignment 1. Advise Sarah and Jane of the advantages and disadvantages of operating their business: a. Separately b. Sarah Jane Pty Ltd c. Sarah Jane Ltd Separately -less cost to set up the business -easy to comply with legal requirement under the corporation act Disadvantages: -you are there on your own unlimited unlimited liability her own asset could in danger as the result of breaches in contract and in tort The advantage of Sarah Jane Pty Ltd: Sarah‚ Jane and their employees
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CRIMINAL LAW A Criminal Law Introduction p: 2 Role of Criminal Law p: 4 Elements of a Crime p: 4 Strict and Absolute liability p: 5 Negligence Murder p: 6 Murder – different statutory approaches p: 6-8 Elements of murder p: 8 Pre-existing susceptibility Voluntary Manslaughter p: 9-10 Provocation (and abnormality of mind‚ excessive self defence) Involuntary Manslaughter p: 11-12 Unlawful
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Partnership Law So many of you mentioned‚ in your introduction‚ wanting to or having your own business. The question not only becomes what do you want to do in your business‚ but what kind of business are you going to develop? What kind of business you own will affect: Taxes Employment issues Liability issues How the business can be sold Involvement with the state Knowledge needed of local and state laws Need for an accountant and/or attorney Make sure you review Chapter 37 in
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INTRODUCTION “Business law” refers to the whole regulatory environment in which individuals or ‘organizations’ engage regularly for the purpose of securing commercial returns. It is a legal regime with the object of shaping the behavior of “actors” in business transactions. There is a vested interest for the law‚ like any other human relationships it claims to regulate‚ to step into the work-for-profit areas in order to ensure that commercial interactions are conducted in a proper manner. The
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and accepts the offer. The acceptance might be express or implied. As per Anson‚ "An offer need not be made to an asertained person‚ but no contract can arise until it is accepted by an ascertained person". Case of Carllil vs Cabolic Smoke Ball Company. Creation of the contract - If the person performs the conditions of the offer. Thus‚ a person who finds a lost dog fulfills the condition of the prize money and thus a contract with the owner of the dog is created. General Offer of Continuing
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Lower Session Road‚ Baguio City Contact Numbers: SMART : 09294891758; GLOBE : 09272128204 E-mail: ncpar@yahoo.com ATTY. ANDRIX DOMINGO‚ CPA BUSINESS LAWS THE LAW ON CORPORATION Corporation an artificial being created by operation of law‚ having the right of succession and the powers‚ attributes and properties expressly authorized by law or incident to its existence. Attributes of a Corporation: 1. It is an artificial being •Doctrine of piercing the veil of corporate entity or corporate
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4 PRINCIPLES OF TAX INTRODUCTION TO TAX LAW A. Origins of Taxation - Taxation is not a modern concept‚ and dates back to the Roman Empire: ▪ Emperor Caligula set a disturbing trend as a tax collector by imposing taxes on food‚ court proceedings‚ wages of porters‚ prostitutes and even marriage. - 1770’s ( Pitt and Lord North believed that newspapers were luxury items and constituted appropriate fiscal targets. A stamp duty was placed on newspapers‚ which was later increased to
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Discussion Question 1. On 1 Jan 2009 a V and P entered a standard form contract for sale of property in SYD‚ with special condition that the “sale is subject to P completing the sale of his existing home in Brisbane by 1 June 2009” but no time for completion is specified and clause 29 of 2005 Standard Form is deleted. (Standard Form: completed with in 42 days of existing contract/ exchange of contract? Hence the qtn scenario means it’ll be deleted.) Is there a binding contract for SYD before
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Case Notes Question 1 Taylor v Provan (1864) 2 M 1226 Provan went to Taylor’s farm and offered to buy 31 cattle at £14 per head‚ but Taylor refused to accept less than £15. After trying unsuccessfully to purchase cattle elsewhere‚ Provan returned to Taylor’s farm the worse for drink and offered £15 per head‚ which was accepted by Taylor. Taylor later brought an action against Provan for the price of the cattle‚ and Provan claimed that he had been incapable‚ through intoxication‚ of entering
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Introduction The presents of Her Grace‚ Georgiana Cavendish the duchess of Devonshire‚ was a hot topic‚ a celebrity‚ amongst her peers of the eighteenth century in England. Most recognizes her as a fashion innovator‚ a devoted mother‚ a lover‚ a drunken gambler‚ a lavish hostess of the grandest parties and most of all a main supporter of the Whig Party. Intelligent‚ charming‚ and beautiful‚ a woman equipped with such characteristics is bound to be a “prize”‚ for her mother had feared. “Georgiana
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