User Account

All Pages

Justification for the sections of the corp act-section 124

Assignment Help Business Law and Ethics
Reference no: EM131066300

TRANSACTION ASSIGNMENT

PART 1 -

Register a Proprietary Limited CO. You should refer to Section 117 of the Corp. Act, complete an APPLICATION FORM and prepare all relevant consents NB section 117(2).You must also create a share register NB sections 167, 168 and 169.

PREPARE a CONSTITUTION - refer to sections 134 and 135. Your company's INTERNAL MANAGEMENT is to be governed by a COMBINATION of replaceable rules and a constitution.

THE CONSTITUTION MUST ONLY MAKE PROVISION FOR A CLASS OF REDEEMABLE PREFERENCE SHARES- NB sections 254A (2) and (3) of the Corp Act.

PART 2 -

RESEARCH then EXPLAIN the REASON and JUSTIFICATION for the following sections of the Corp Act: - SECTION 124; SECTION 129(1) and SECTION 588M (3). Your analysis of each section is worth 5% .WORD LIMIT -approx. 200 words per section.

Reference no: EM131066300

Questions Cloud

Partnership for the purpose of raising cows and pigs : In 2005, Hardy and Dorn entered into a partnership for the purpose of raising cows and pigs. The two men were to share equally all costs, labor, losses, and profits.
Improved growth in earnings and dividends : Home Place Hotels, Inc., is entering into a 3-year remodeling and expansion project. The construction will have a limiting effect on earnings during that time, but when it is complete, it should allow the company to enjoy much improved growth in earn..
How a change in the exchange rate affected your firm : Describe how a change in the exchange rate affected your firm. Explain what happened to your price and quantity. How can you profit from future shifts in the exchange rate? How do you predict future changes in the exchange rate?
Expectations of stakeholder for a nonprofit organization : What are some differences that one might anticipate among the expectations of stakeholder for a nonprofit organization versus a for-profit business? Do you believe nonprofit managers have to pay more attention to stakeholders than business man..
Justification for the sections of the corp act-section 124 : RESEARCH then EXPLAIN the REASON and JUSTIFICATION for the following sections of the Corp Act: - SECTION 124; SECTION 129(1) and SECTION 588M (3). Your analysis of each section is worth 5% .WORD LIMIT -approx. 200 words per section
How much net working capital does the firm need to fund : Dandee Lions, Inc. has a cash balance of $105,000; accounts payable of $290,000; inventory of $213,000; accounts receivable of $310,000; notes payable of $95,000; and accrued wages and taxes of $65,000. How much net working capital does the firm need..
What is the estimate probability of randomly choosing : What is the estimate probability of randomly choosing a battery with between 1970 and 2030 hours.
Structure of the organizing committee : Develop a plan for an event (e.g., golf tournament; gala ball; annual meeting; or a series of lectures, workshops, or seminars where a fee is charged for attendance or participation) for your organization. Specify your purpose; the target audience..
Calculate the current yield and yield to maturity on bond : You just purchased a bond for $974.42 that matures in 5 Years. The bond was originally issued at par and had an annual coupon rate of 10%. Calculate the current yield and yield to maturity on the bond you just purchased.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  What other types of organizations might respond

What role do you think state and federal agencies should have during the response phase of crisis and emergency management? Explain.

  The court decided the case on narrow grounds

The Court decided the case on narrow grounds, purposefully stopping short of pronouncing broadly applicable rules for electronic communications. If they had taken on the task of a broadly applicable rule, what, in your opinion, should they have said?

  Make a free and voluntary confession to officer sufficient

Did Andrew make a free and voluntary confession to the officer sufficient so that the admission of the confession by a trial court should not violate Andrew's rights against self-incrimination under the Fifth Amendment? Analyze and discuss the legal ..

  List the state where the law is effective

List the elements of each crime and facts that establish each element. Provide a specific law for each charge. List the state where the law is effective. Each team member's state needs to be represented

  Differences between criminal and civil court proceedings

Analyze at least 3 overall differences between criminal and civil court proceedings. Discuss the fundamental reasons why you believe that these differences are themost notable. Justify your response

  Explain social cultural legal and political influences topic

Explain Social Cultural Legal and Political Influences Topics and Can you please help me with choosing a topic for this paper for the class "Social, Cultural, Legal, Political Influence

  What principle in code of ethics does scenario represent

What principle in the Code of Ethics does the scenario represent? State the rationale for your answer in 3 or less sentences

  Describe the the most important contribution

Outline the individual's path to working in the social work field and Describe the the most important contribution(s) of the individual to the field

  Examine and explain 2 social arguments used to support both

using the course materials library web resources and textbook research the retribution and incapacitation theories of

  Advantages and disadvantages of plea bargaining

Distinguish between charge bargaining and sentence bargaining. Compare and contrast the advantages and disadvantages of plea bargaining

  Digital crime and digital terrorism

Digital Crime and Digital Terrorism- Discuss how you can apply the learning outcomes of this course to your professional or your personal life or both

  Steve dies

5. Steve dies  a) any money he has will go to the state b) his property would go to cover probate costs

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd