invested large amount in producing a range of products for supermarkets. The company is facing financial difficulties due to unsuccessful. In that situation director fear the company may now be insolvent. The accountant now wants to understand the issues surrounding insolvency. According to Brown Bothers current situation it has been recommended to their director to follow the following issues. Insolvency A company which is insolvent may be put into liquidation sometimes referred to as winding-up
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with the company. The articles of association are the primary source of the provisions determining these internal relationships‚ and they will form the basis of this question and also be combined with aspects of directors’ duties‚ variation of class rights and s459 of the Companies Act 1985. I will split the issues that arise in this question into two parts. The first part would be to deal with Sheila‚ and to establish whether she can prevent the alteration of the objects of the company. The second
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the extra $5‚000 to Damien‚ for covering the additional cost of materials and additional work needed to construct the swimming pool. Principle The underline legal principle applicable to this situation is that ‘once an offer is complete‚ or in this case accepted‚ the offer cannot be revoked’. Doing so would constitute to a breach of contract. The offer shows a clear intention (to pay additional $5‚000 on top of the original agreed amount of $30‚000) of the offeror (Damien) that he intends to enter
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contractual liability. There are three differences between liability and contractual liability: A. The difference of base. Contractual liability means that due to the breach of duty‚ contractual collateral obligation of contract or violates the "contract law" provisions of the obligations. Finding out a contractual liability has to be in terms of contract. However‚ there are no needs for liability‚ which point liability are monetary damages that are sought from the offending party. They are intended to
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think again 4. This email contains all the right information to make the right move 5. Too many moving companies? We think so too and we are here to help 6. Can you really be sure your move will go smooth? 7. It’s time to get serious about choosing the right moving company A2 Introduction 1. Congrats on your upcoming move. Now let’s get down to business 2. We thought that this information may interest you‚ so we are sharing it with you. 3. In the past few days
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00. Advise Dahari. (Total: 20 marks) Question 1 is about the law contract it entails issues regarding an invitation to treat (ITT)‚ the fact shows that James has placed an advertisement at the Star newspaper for the sale of his BMW motorbike. This is advertisement is not an offer‚ it had similar with the cases of‚ Majumder v A-G of Sarawak. For the example cases of Majumder v A-G of Sarawak‚ the Malaysia court held that such advertisement is invitation to treat
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Search advertising is the core business of Google Company. Search advertising is a mean of establishing online advertisements on internet. Google Company earns revenue by charging for each click on search advertisement. However‚ the search advertising of Google Company has been facing a trouble recently. Google’s total advertising revenue has been reduced for year over year as the amount can charge on search advertisement has been decreasing. This problem is caused by the evolution of mobile devices
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LAW TUTORIAL QUESTIONS Tutorial 1 1. Explain: (a) international law (b) legal rights (c) legal duty (d) public international law (e) private international law 2. Explain the differences between civil law system and common law system 3. Explain: (a) Convention (exam) (b) Treaties (exam) (c) International Organization (d) State (e) Non-Governmental Organization (NGO) (f) MNE & TNC (g)International Person 4.What governs the relationship in International Trade? Tutorial
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payable. The completion is delayed by 20 days due to the fault of the contractor. How much can the innocent party claim if the actual loss suffered is $22‚000? Do you think generally‚ it is wise for a business to always have a liquidated damages clause? 2. At Your Service Pte Ltd is a big company which provides various travel related services‚ including overseas tour packages which are designed in-house. Tom‚ a customer‚ had booked a special in-house tour for 2 to Bali. Tom had booked the tour
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other law‚ or by order of the court. The maximum penalty is disbarment. 4- Under what circumstances should a lawyer terminate his representation of a client? If the representation will result in violation of the Georgia Rules of Professional Conduct or other law‚ the lawyer’s physical or mental condition materially impairs the lawyer’s ability to represent the client‚ or the lawyer is discharged. 5- What does it mean for a lawyer to act as an advisor? A lawyer may refer not only to law but to
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