under the law this contract was not valid. Steve the salesperson was completely liable under the law for entering a contract with an underage minor. As a car company representative there is protocol which must be used when entering into any contract and a major part of protocol is to ensure that both parties are of legal age at the time of sale. Another possibility that may be a remedy for this situation is for Car Company to take legal action against Jeff‟s legal guardians. Under the law any minor
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UNITED INTERNATIONAL COLLEGE COMPANY LAW 2014 WEEKLY ASSIGNMENT 5 ANSWER Introduction The instant case concerns meetings and resolutions. The central issues are: 1. Was the board meeting of December 31‚ 2013 validly held? 2. Was the resolution passed at that meeting a valid one? 3. What should Bud do to convene an extraordinary general meeting? Board Meeting of December 31‚ 2013 At the outset‚ it must be emphasized that the validity of a meeting hinges on a number of factors: 1. whether
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old‚ S.E. Hinton managed to write one of the most memorable and accurate novelistic depictions of what it’s like to want acceptance and belonging as a teenager. The Outsiders‚ Hinton’s first novel‚ remains as one of the best-selling young-adult novels of all time. Written for teenagers‚ about teenagers‚ and by a teenager‚ The Outsiders captivates its audience with memorable characters (who are memorable for more than their obscure names) and climactic drama‚ and it leaves the reader with the message
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and Control There are several ways in which membership of a company may be acquired: These are as follows: i) By subscribing the Memorandum. When the company is registered‚ the persons who subscribed the memorandum automatically become members‚ and must be put on the Register of Members‚ though they are deemed to be members without such an entry and even without allotment. ii) In the case of a director of a public company‚ by delivering a written undertaking to the Registrar to take
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This question involves the rights and duties of the members in their dealings with each other and 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
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The novel The Outsiders by SE Hinton is a novel about teenage boys that are trying to live their lives to be like the rest of the community. These kids feel like they are the outsiders. Atul Gawande once said “Outsiders tend to be the first to recognize the inadequacies of our social institutions. But‚ precisely because they are the outsiders‚ they are usually in a poor position to fix them.” In this novel the outsiders would be the Greasers because they are poor‚ violent‚ and they don’t have parents
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People all need‚ have‚ and want something or already have it‚ and what they wanted or need.In the Outsiders‚hinton highlights the conflicts of both the greasers and socs to show that life is difficult for rich and poor kids. Through depicting their personal conflicts‚Hinton reveals that these young men‚seem so different but share similar needs. In the Outsiders‚ Hinton explains how we all have our problems and difficulties. In the following paragraphs I talk about what problems/challenges that people
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Are there any acts of selflessness among lawless brothers? The book by S.E Hinton‚ The Outsiders‚ has two protagonists and antagonists. The greasers are gangs on the poorer side of the city while on the east side there were Socs. The greasers and the Socs fought each other over territory. Although it may seem like the Greasers are completely lawless people‚ they still are honorable due to reasons like how the protect each other‚ how they come together to protect what is theirs and help others who
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Improper use of information: s 157(2) Financial assistance to director-related companies: s163 Directors remuneration and benefits: s168‚169&172 Interested persons transactions: SGX Listing Manual Section 156 disclosures: s156(1)&(5) Duty to retain discretions Duty to avoid conflicts of interests Duty to use powers for a proper purpose Duty to act in good faith in the interests of the company Liability for fraudulent trading: s 340(1) General law Duties Loyalty and good faith
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: FINANCE COURSE : COMPANY LAW 2 CIN 2206 LECTURER : MR MAKUYANA QUESTION “By becoming a shareholder in a company‚ a person undertakes by his contract to be bound by the decisions of the prescribed majority of shareholders‚ if those decisions on the affairs of the company are arrived at in accordance with the law‚ even when they adversely affect his own rights as a shareholder.” Per Trolip JA and Ors
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