User Account

All Pages

Discuss australian case law and legislation

Assignment Help Other Subject
Reference no: EM131630524

Nina is a financial planner who has just started her own financial planning business and she holds an AFSL. Her friend advised her to advertise in the local radio in order to attract more clients. Nancy and Henry are about to retire and have worked hard in their live and want to invest in something which would bring a steady and safe income. After hearing the advertisement, they call Nina and make an appointment to see her. Nancy and Henry have very little financial knowledge and want to seek Nina's advice. Nancy and Henry are both elderly and have hearing disability.

At the meeting, Nancy and Henry tell Nina that they both have hearing disability and asked Nina to speak a little bit louder so as to allow them to understand her better. They also tell Nina that they want to invest in a very steady and safe investment and have small risk appetite. Nina has been taking notes during their meeting and she tells them they need to bring specific personal financial documents so that she can do proper evaluation and give them best and appropriate advice. These financial documents are bank statements, information about total assets and liabilities.

Nina tells them that due to their small risk appetite and based on their financial background, it is best for them to invest in shares of a real estate developer Royal Land Ltd ("RL"). The company builds casinos throughout the world and is very profitable with guaranteed steady returns. Nancy and Henry listen to Nina carefully and follow her advice by investing in RL. All of Nina's advice is verbal and Nina does not provide this couple with any supporting documents.

Three months after their meeting with Nina, Nancy and Henry invested in RL. The company has gone into liquidation. It turns out that buying shares of RL was considered as a high risk investment. The couple has been advised that their chances to receive their investment are below minimal, if any. Nancy and Henry are devastated and hire you as their lawyer.

REQUIRED: Advise Nancy and Henry in relation to all legal rights against Nina by citing relevant Australian case law and legislation

Reference no: EM131630524

Questions Cloud

Organization to have social and environmental focus : Read Starbucks case. How has Starbucks structured its organization to have a social and environmental focus?
Identify two additional contract management software tools : Identify two additional Contract Management software tools, not already covered or addressed in chapter or the chapter notes and accompanying PowerPoint files.
Who are the women at highest risk for osteoporosis : What are the signs of menopause? What will influence a woman's experience during menopause? Who are the women at highest risk for osteoporosis
Role of joint commission in accrediting medical facilities : The role of the Joint Commission in accrediting medical facilities. Which facilities can be accredited?
Discuss australian case law and legislation : Nina is a financial planner who has just started her own financial planning business and she holds an AFSL
Discuss the many big data applications : Read the article "Why ‘Big Data' Is a Big Deal" by Jonathan Shaw in the March-April 2014 Harvard Magazine. What does Shaw think is the revolution in big data?
How does the subject matter apply to you : How does the subject matter apply to you? What is your experience with this subject? Use your own words no copying an pasting to define.
Describe the field of comparative politics : Describe the field of Comparative Politics, what would you tell them? Why? Upon what would you base your reply?
Role of the continuous disclosure framework : BAO2203- Corporate Accounting - The Role of the Continuous Disclosure Framework - Why is it necessary to have a continuous reporting regime for disclosure entities and is it effective?

Reviews

Write a Review

Other Subject Questions & Answers

  Construct a plan to build effective teams in collaboration

Interpret concepts of change management theories, techniques and leadership. Evaluate the concepts of change management theories, techniques, and leadership by critiquing the challenges with implementing a new EHR system within the organization. Y..

  Discuss how supply and demand would be affected

Discuss how supply and demand would be affected under each of the four degrees of competition(pure competition,monopolistic competition,oligopoly,and monopoly). give specfic examples to support your response.

  Give illustrative examples for attainability set reflexion

Give definitions and illustrative examples for the following terms: Attainability set Reflexion and First-kind reflexion. Second-kind reflexion Informational reflexion Strategic reflexion.

  Describe which currently has the largest impact on health

Describe which currently has the largest impact on the nation's health: infectious diseases or chronic diseases? Explain your response using epidemiological measures and supportive evidence from academic research.

  Describe a culturally relevant learning experience

Describe a culturally relevant learning experience

  For this assignment identify one important concept theory

for this assignment identify one important concept theory or idea that you learned while reading nancy herthers digital

  Analyze the elements of media choices for conducting an

analyze the elements of media choices for conducting an internal total rewards campaign to determine which is hardest

  Discuss relationship between academia and field practitioner

If you were a field practitioner, as opposed to an academic or researcher, which topics, lessons, and arguments do you believe contribute the most to understand

  Describe what is meant by brain plasticity

Describe the average weight gain of an infant during the first year of life. How do the size and proportions of an infant's body change during the first 2 years? Describe what is meant by brain plasticity.

  Aspects to law enforcement management

One of the most important aspects to law enforcement management is the anticipation of the resources required to perform police functions effectively. Manpower needs must be weighed, facilities and equipment purchased, and deployment and scheduling a..

  Is religion essentially a private matter of personal faith

In the Introduction, Gottlieb suggests that there is both "good news and bad news" regarding the environment. He states that how individuals view nature may be influenced by their personal theology, philosophy, or worldview. In your opinion, do we..

  Silver fiddle construction case-potential risks associated

Silver Fiddle Construction Case You are the president of Silver Fiddle Construction (SFC), which specializes in building high?quality, customized homes in the Grand Junction, Colorado, area. You have just been hired by the Czopeks to build their drea..

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