MGMT3046 Company Law: Course Wrap Up November 2012 We have come to the end of formal instruction in Company Law‚ so it is useful at this point to review the main learnings from the course. This will be somewhat long! Unit1 Salomon v Salomon and the corporate veil. This is a foundational case in company law which enunciated the principle of the separateness of company and its members (shareholders and officers). The principle makes it quite clear that the separation of the company from its members
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A HISTORY OF COMPANY LAW IN COLONIAL AUSTRALIA: ECONOMIC DEVELOPMENT AND LEGAL EVOLUTION PHILLIP LIPTON∗ [The history of Australian company law has attracted remarkably little attention in academic literature‚ perhaps because it has mainly been seen as a copy of English law with few‚ if any‚ noteworthy features. This article points out several interesting and significant aspects of the evolution of Australian company law and considers this evolution in the context of the economic development of
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Problems There are several problems that Blue Nile needs to deal with if they wish to remain on top such as: ❖ One of the major problem with web based marketing is maintaining and driving consumer toward the website which will pose blue Nile’s major challenge going into the 21st century so how to attract new consumers. ❖ How should Blue Nile Inc increase consumer awareness and confidence purchasing high value luxury jewelry online? ❖ Blue Nile has very little presence outside
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Production‚ Marketing D) Customer Service‚ Marketing‚ Production‚ Design 3) Place the five steps inthe decision-making process inthe correct order: A = Obtain information B = Make decisions by choosing among alternatives C = Identify the problem and uncertainties D = Implement the decision E = Make predictions about the future A)EDABC B)CDBEA QCAEBD D)AEBDC 4) The general term used to identify both the tracing and the allocation of accumulated costs to acost object is: A)
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Chapter 2 Company and Marketing Strategy: Partnering to Build Customer Relationships GENERAL CONTENT: Multiple-Choice Questions 1. _____ is the task of selecting an overall company strategy for long-run survival and growth. a. Strategic market planning b. Annual market planning c. Short-term planning d. Advertising e. None of the above is correct (Answer: a; p. 37; Easy) 2. Adapting the firm to take advantage of opportunities in its constant changing environment is called
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Problems of Society (Law‚ Crime‚ Punishment) Definition of Legal system Legal systems can be split between civil law and common law systems. The term "civil law" referring to a legal system should not be confused with "civil law" as a group of legal subjects distinct from criminal or public law. A third type of legal system—accepted by some countries without separation of church and state—is religious law‚ based on scriptures. The specific system that a country is ruled by is often determined by
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Company Law Settlement Scheme‚ 2011 The Company Law Settlement Scheme basically gives a chance to all defaulting companies for mending their default which might be in making annual filings of previous years related to annual returns‚ annual financial statements and secretarial compliance certificates with the Registrar of Companies. The Scheme was introduced as a consequence of the observation that a number of companies were not filing their due documents on time with the Registrar of Companies
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1. A company has a separate legal personality from the members in the company so in law it has separate rights and liabilities. The company can enter contracts and own property which wouldn ’t make the members of the company liable only the company itself. The case which illustrates this is Salomon v Salomon & co (1897) Salomon formed a limited company to take over his business‚ himself‚ his wife‚ his daughter and four of his sons each subscribed for one share. When the company fell on hard times
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|LAW/421 | | |Contemporary Business Law | Copyright © 2011 by University of Phoenix. All rights reserved. COURSE SYLLABUS FOR CONTEMPORARY BUSINESS LAW/421 |Week One: Introduction to Law
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Share capital Introduction A public company can acquire funding by offering or inviting the public to subscribe to its securities (shares). A company limited by shares issues and allots shares to a shareholder in return for capital. This called share or equity capital. Capital structure Authorized Share Capital Meaning of authorized and issued capital: S18(1)(c) Company Act 1965: If the company is limited by shares‚ its memorandum must state the amount of share capital and its division into
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