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Shorty and Shifty set up a company called Simpleton Ltd. Through the business organisation Simpleton Ltd, Shorty and Shifty raised shareholder funds to purchase a Goldmine from Façade Ltd. The Goldmine was long since past its best and most productive, but Shorty and Shifty paid the market rate that would have applied to an active mine, in its prime. Some time after the purchase, Shorty and Shifty left the jurisdiction. After they mysteriously departed, the minority shareholders of Simpleton Ltd discovered that Shorty and Shifty were the owners of Façade Ltd.
The minority shareholders of Simpleton Ltd seek your advice as to what action they can take in relation to their rights and the actions of the directors. In advising the shareholders, discuss whether this action provides a role for ASIC and, if so, why that is important. Briefly consider the remedies that are available in this case and whether the type of company influences the remedies to be sought. Would your answer differ if Shorty and Shifty were not the owners of Façade Ltd and if they had not left the jurisdiction? Why? need IRAC solution
(a) Recall that a geometric sequence is a sequence of the form a, ar, ar^2, ar^3, ... At the MATLAB command prompt (not in an M-File), create a for-loop which prints the first 7 terms of this sequence when r = 1/3, a = 1. Include the outpu..
Cultural Variation Across International Organizations, Justification of the Integration mechanism(s) chosen by national partners on the basis of their value orientation.
Larry Wilmore's Nightly Show on Comedy Central has a segment where he asks guests to comment on what they would do in a situation, and if he feels they are answering with their honest feelings, he says they are 100%, or completely "keepin' it real..
The body of your paper shuld be a minimum of one page in length, not including the title and reference pages. While you are not required to use sources outside of your textbook, if you choose to use them, they must be cited and referenced appropriate..
Copyright Infringement. United Fabrics International, Inc., purchased a fabric design from an Italian design house, Contromoda, and registered a copyright to the design with the U.S. Copyright Office. When Macy's, Inc., began selling garments with..
What are some arguments in favor of affirmative action? Against it? What is your current view of affirmative action? Why? Does your view differ depending on the measures used to achieve af- firmative action goals? Explain.
At most universities course registration for future semesters typically involves some type of computerized online process possibly combined with some personal consultation with an academic advisor. Describe the registration process in your academic c..
A problem with a balance sheet based on historical costs is that in a period of inflation a company with old fixed assets will show a much better return on investment than a similar firm with new fixed assets
write a report on change is the only constant and answer the subsequent questions.1. change is the only constant
What stakeholders would you include in a stakeholder analysis to evaluate adoption of a hospitalist model of care?
Patient harm events happen at an alarming rate, but resources are available to consumers to help them make informed decisions about the care they receive. Being an informed consumer of health care will not only help you protect yourself, but your fam..
In the world of globalization, one often struggles to separate the rhetoric from reality. Some view it in the extreme, as in the transformation of everything. Others see it as just the latest stage in the evolution of the market. Some see it as th..
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