SCHOOL OF ACCOUNTING AND LAW LAW2452 COMPANY LAW COURSE MANUAL Copies of copyright material in this compilation have been made in accordance with the provisions of section VB of the Copyright Act for the teaching purposes of the University. CONTENTS Course Syllabus 2 - 4 Topics (Topic 1 - 15) 5 - 17 Tutorial Questions (Questions 1 - 46)
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COMPANY LAW – EXAM NOTES Incorporation and Its Effects S117 - All companies must register with ASIC S118 – All companies must have a Number S119 – Once the company is registered with ASIC‚ the company has a separate legal existence. Separate Legal Entity The separate legal entity notion is shown in Salomon v Salomon where a company shareholder is limited to the amount of share capital they have contributed and they can not be held personally liable for the dealings of the company. This notion of
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A hotel is an establishment that provides lodging paid on a short-term basis. The provision of basic accommodation‚ in times past‚ consisting only of a room with a bed‚ a cupboard‚ a small table and a washstand has largely been replaced by rooms with modern facilities‚ including en-suite bathrooms and air conditioning or climate control. Additional common features found in hotel rooms are a telephone‚ an alarm clock‚ a television‚ a safe‚ a mini-barwith snack foods and drinks‚ and facilities for
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TEACHING NOTE: A VOTRE SANTÉ 1 The A Votre Santé (AVS) case is multi-faceted in that it requires students to incorporate operational measures into product costing results‚ and also to understand cost accounting from a variety of perspectives‚ such as: Product versus period costs Variable versus fixed costs Activity based costing Relevant costs and opportunity costs Additionally‚ the case questions require both quantitative and qualitative analyses of the business issues faced by AVS
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RITZ CARLTON’S MANAGEMENT OBJECTIVES AND GOALS Ritz Carlton’s Management Objectives and Goals The Ritz Carlton’s mission statement is: “The Ritz Carlton Hotel is a place where the genuine care and comfort of our guests is our highest mission. We pledge to provide the finest personal service and facilities for our guests who will always enjoy a warm‚ relaxed yet refined ambiance. The Ritz Carlton experience enlivens the senses‚ instills well-being‚ and fulfills even the unexpressed wishes and needs
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Teaching is sacrificial and it is a calling for those who have a servant’s heart. I am frequently reminded of a student in my Beginning Band class two decades ago. His name was Carlton and he was a special needs student in sixth grade. Carlton desperately wanted to learn to play the Baritone horn well enough that he could perform on the Spring Band Concert but band rehearsals were short and he needed more help. So‚ he and I agreed that he would skip recess and I would skip lunch a few times each
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Cited: Fitzgerald‚ F. Scott. "The Diamond as Big as the Ritz." The Diamond as Big as the Ritz and Other Short Stories.Mineola‚ NY: Dover‚ 1998. Palahniuk‚ Chuck. Fight Club. New York: Henry Holt‚ 1997.
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DISCUSSION QUESTIONS 1) Was extending the brand into chips a logical step for Ritz? Explain using the concepts related to brand extension. • Yes it was a logical step for Ritz to expand into the chips market; they mention sales were not growing for crackers as fast as chips‚ which were growing twice as fast. They wanted to add a incremental growth and increase value to the already popular Ritz business. They had introduced different line extensions and flavors before but they didn’t increase
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Learning becomes more effective when teaching makes use of better classroom management approaches. Under classroom management‚ the teacher manages time allocation for lesson discussion‚ selection of subject content‚ utilization of strategies‚ the students’ behavior‚ and the students’ learning outcomes. The picture above shows how classroom management was facilitated by Teacher Patricia Sedgwick in Amherst College when the author in his Filipiniana outfit presented his output in curriculum development
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effects Characteristics of a company -Companies are artificial entities with rights and liabilities separate from their shareholders or members -s119: company comes into existence as a body corporate at the beginning of the day on which it is registered with the name specified in its certificate of registration -This legal entity is separate from its members so assets of the company are not the assets of its members and contracts entered into by the company will create rights and liabilities
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