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Joseph, Judd, and Blair have decided to start a business of manufacturing kids' pajamas. Joseph and Judd will each invest $10000 in the business. While they do not want to participate in the day-to-day running of the business, they still want to have an active role in the management. Blair has no money to invest but she has years of experience in making and distributing pajamas.
Blair's son, Thomas also wants to invest $60000 in the business. He wants to have a steady income from his investment. However, he does not want to be involved in the management except directing how his investment of $60000 is spent.
With reference to the Corporations Act 2001 (Cth) and case law,
Discuss what legal structure you would advise for their project: a partnership, an incorporated association, or a company (if a company, provide details on the type of a company) with at least three advantages and disadvantages. Why would you recommend this structure? Provide details.
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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