THE UNIVERSITY OF ADELAIDE COMMLAW 7011 CORPORATE LAW (M) BUSINESS SCHOOL Week 3‚ Semester 1‚ 2012 TUTORIAL QUESTIONS WEEK 3 (Commencing Monday 12 March) Acknowledgement: These Tutorial Questions were originally devised by Martin Markovic‚ Senior Lecturer‚ Business School‚ University of Adelaide. Question 1 A‚ B and C are long time friends from University days. They share common interests especially with respect to
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The issue of this case is whether the board of Katia was in breach of the director’s duties. In determining this issue‚ the legal principles in Corporate Act section 181 as well as Howard Smith v Ampol Petroleum‚ Whitehouse v Carlton Hotel‚ Mills v Mills‚ Ngurli v McCann‚ Harlowe’s Nominees v Woodside Oil and Winthrop Investments v Winns should be considered. S 181 states that directors should exercise their powers in good faith and proper purpose. Subjective tests (which concerns whether the
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Question 1 (1) The maintenance of share capital principle is share capital. Share capital is the contribution made by shareholder by subscribing shares of the company. A company’s creditors can only look to the share capital for payment in the event of a winding up. A general rule known as the rule in Trevor v Whitworth was established in order to protect shareholders and creditors. It prohibits a company from reducing its share capital due to a reduction in capital would prejudice the rights of
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[Type the company name] | Corporate and Business Law | Mid Term Assignment | | Gulraiz HamidFarhan SaeedKhurram MustafaQurat ul Ain TariqSidra AsifNaila Naz | To: Mr.Umar Zaka | A report of Contracts‚ Social Agreements‚ and Employment Contract for better concepts as a part of the Mid Term Assignment. | Contracts A contract is an agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation‚ which may have elements in writing‚ though
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Werribee. He leaves it parked there overnight‚ intending to drive it to a remote dump the next day. A municipal inspector sees the truck in the yard and discovers that the soil in the truck is toxic waste. The inspector tells Alex that the law forbids storing such materials near a river or river bed without a special permit. Alex admits that the soil is contaminated and says that he cannot produce a permit. The Werribee River is three kilometres from the haulage company’s yard.
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argument on the premise that Capital Pty Ltd is a mere appendage of Eastfield Ltd. This being the case‚ it is necessary to examine the exact relationship between Capital Pty Ltd and Eastfield Ltd and determine the likelihood of the courts lifting the corporate veil. Separate Entity Salomon v Salomon & Co established the key principle that an “incorporated company is a separate legal entity from its founder‚ shareholders and directors”. To further this point‚ the Albazero case provided authority
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Sole Proprietor (Pg 50 3-120) Individual Person Partnership (Pg 50 3-130) • Association of people (2 or more‚ not more than 20‚ except law & accounting firms) (CA 2001 Section 115‚ Pg 668) • Carrying on a business with a common view to profit Other Forms of Business (Pg 52‚ 3-140 3-160) Joint Ventures • Contractual agreement to conduct a particular venture or related ventures • Not a separate legal entity • Assets & obligations of the venture are the venturers personally • Parties not conducting
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Paper F4 (ENG) Corporate and Business Law Class Notes June 2012 © Debbie Crossman‚ January 2012 All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted‚ in any form or by any means‚ electronic‚ mechanical‚ photocopying‚ recording or otherwise‚ without the prior written permission of Debbie Crossman. 2 www.studyinteractive.org Contents PAGE INTRODUCTION TO THE PAPER CHAPTER 1: ENGLISH LEGAL SYSTEM CHAPTER 2: LAW OF CONTRACT –
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SCHOOL OF BUSINESS STUDIES DIPLOMA IN BUSINESS STUDIES (ACCOUNTING) YEAR 3 - SEMESTER 1 ABBL 3144 CORPORATE LAW AND GOVERNANCE COURSEWORK 1 LIEW MEI MEI 11SBD01697 OOI TZE CHI 11SBD06409 SYNDHRA SIMIN 11SBD06051 WONG YEE MUN 11SBD00641 TUTORIAL GROUP: SDAC2 (B) TUTOR: MS CHONG PIT KEE DATE OF SUBMISSION: 17TH JUNE 2013 TABLE OF CONTENT Cover Page | 1 | Table of Content | 2 | Plagiarism Statement | 3 | Assignment Questions | 4 | Content
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Hong Kong Institute of Vocational Education Corporate Law and Practice (ACC4106) 2014-2015 Continuous Assessment Assignment Task: Company Law in Practice Understanding a listed company in Hong Kong Class: BA124001/2B Name: Chan Choi Nog (130257408) Chan Yin Ting () Chu Tsz Ting (130153619) Lai Ka Fai () Siu Lok Man (130240174) Q2 (a) Firstly‚ GLL can issue share to raise fund. The company can have private placing to issue share. It can negotiate with individuals who have prior approval
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