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Prospectus Issue And Statutory Provisions:
A company's shares are legally regarded as goods. Consequently, the common law rule known as "caveat emptor" applied to their sale. In particular, the company as a seller was not bound to say anything to potential buyers which would enable them to assess the risks involved. Buyers were therefore left without a legal remedy if they bought shares which they would not have bought if the relevant material facts had been disclosed by the company's agents. In an attempt to remedy this situation the Companies Act incorporated a number of statutory provisions which must be complied with.
When is an employer vicariously liable? An employer is vicariously liable when: a. When Employer authorised. b. When unauthorised procedure utilized when executing an aut
Obiter Dictum Thus now "by the way" statement made through a judge before delivering his judgement within a view to strengthening or re-enforcing his reasons to the decis
Types and Classification of Law: Rules of law may be classified as like;: For Written For National and International For Public and Private For Substantive
Recovery of Premium - S. 44 One partner has paid a premium for another on entering in a partnership to a fixed term such and the partnership is dissolved previous to the expir
Explain the International law International law is the body which governs State actions and its effective implementation within the States depends on the way in which States tr
The business that you are to work on for this assessment is Apex Pty Ltd, a company based loosely around property development and construction work. The specialisation of this com
Jake grew up in a passionately devoted religious community. He has been taught from a young age that an invisible, all-powerful God loves him. He was also taught that he will be
Differences between Liquidators and receivers: There are also significant differences: (a)a liquidator has numerous statutory powers. A receiver must rely on the powers given
Meaning Of "Public": For the purposes of the prospectus issue the word "public" is declared by S.57 (1) to include "any section of the public, whether selec
What is the meaning of Inertia of Expectation We now move a bit away from the political economy of policy process to look into the inherent currents responsible for inaction an
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