Advise billy about his legal rights

Assignment Help Risk Management
Reference no: EM132110239

Assessment: Legal Analysis

Question 1

You have been appointed as an adviser in the insolvency division of Wind Up Accountants.

Your manager has asked you to prepare a presentation for an upcoming training course for new staff members.

As part of your presentation you are required to read a news article and provide a brief on the legal issues that have befallen celebrity gardener Jamie Durie.

Required

Review the above article and discuss the corporate law issues that arise from the case study.

Your paper must include an explanation of terms used, for example: voidable transactions, insolvent trading, uncommercial, garnishee notice etc.

Refer to relevant legislation and/or case law in your analysis.

Question 2

Model Haircuts Pty Ltd. is a very successful hairdressing business. The company was formed with five members in 2015. The five members have an equal shareholding of 20% each.

There are two company directors Elle and Belle. The company has a constitution, which provides for the retirement of directors after 3 years. Any member may stand for election as a director. Directors may be appointed or reappointed at the annual general meeting.

Billy is a member and wants to nominate for election at the next annual general meeting. Although he is an excellent hairdresser Billy has no business or finance experience.

The two incumbent directors Elle and Belle issue additional shares to themselves prior to the general meeting. The effect of the issue is to alter the voting power and make it impossible for Billy to be elected.

REQUIRED:

Advise Billy about his legal rights. Refer to relevant statute law and case law to support your response.

Attachment:- Assessment Test.rar

Reference no: EM132110239

Questions Cloud

Write an arm assembly program to implement a time-of-day : Write an ARM assembly program to implement a Time-Of-Day clock application as specified.
Read about and implement radix sort : After you programmed the Radix Sort and tested it, run the algorithm by hand on the following list: [1,6,3,4,8,2,5,7]. Show all the steps.
Is array that is in sorted order a min-heap : What are the minimum and maximum number of elements in a heap of height h? Is array that is in sorted order a min-heap?
Describe a simple scheme that allows peers to verify blocks : Assume that when a peer joins a torrent, it initially gets a .torrent file from a fully trusted source.
Advise billy about his legal rights : LAW2457 - LAW OF INVESTMENTS AND FINANCIAL MARKETS - Advise Billy about his legal rights. Refer to relevant statute law and case law to support your response
Prove the inference rules for functional dependencies : A proof should be made by using the reflexive, augmentation, transitive, decomposition, union, and pseudotransitive rules.
Prove or disprove the following proposed inference rules : A proof should be made by using the reflexive, augmentation, transitive, decomposition, union, and pseudotransitive rules.
Prove the following statement using hals theorem : Prove the following statement using Hall's Theorem. For any bipartite graph G=(U, V, E), if every node (either a left node or a right node) has exactly.
Propose a relational database design : Propose a relational database design (a set of relation schemata) for the online food ordering and delivery application illustrated in this UML class diagram.

Reviews

len2110239

9/11/2018 5:49:42 AM

Correct use of English language, legal terminology & referencing. (10%) Minimal errors in expression, grammar, spelling or punctuation. Full and accurate citation of authorities and sources Thoroughly edited Occasional minor flaws in expression, grammar, spelling or punctuation Authorities and sources are generally cited correctly Well edited Some flaws in expression, grammar, spelling or punctuation May have some missing, incomplete or incorrect citations Some oversights in editing Flaws in expression, grammar, spelling or punctuation A number of missing, incomplete or incorrect citations Edited with little care Frequent or repeated flaws in expression, grammar, spelling or punctuation Inadequate citation of sources Poor editing

len2110239

9/11/2018 5:49:38 AM

Conclusion; analysis of legal consequences or outcomes (20%) Comprehensive and accurate analysis and assessment of possible legal outcomes, consequences and alternatives. Very good analysis and assessment of possible legal outcomes, consequences and alternatives. Adequate analysis and assessment of possible legal outcomes, consequences and alternatives Limited analysis and assessment of possible legal outcomes, consequences and alternatives Mistaken or absent analysis and assessment of possible legal outcomes, consequences and alternatives

len2110239

9/11/2018 5:49:18 AM

Marking Rubric Marking Criteria HD D C P N Identification of legal issues (20%) Comprehensive identification of all relevant legal issues. Identification of most relevant legal issues Majority of relevant issues identified and discussed Limited relevant issues identified and discussed. Little or no relevant issues identified and discussed. Analysis & Argument: application of relevant laws to the facts (50%) Excellent application of law to the fact scenario; Comprehensive and accurate discussion and analysis. Very good application of law to the fact scenario; Accurate discussion and analysis Good application of law to the fact scenario; Appropriate discussion and analysis Satisfactory application of law to the fact scenario; Some discussion and analysis Mistaken application of law to the fact scenario; Little or no discussion and analysis.

len2110239

9/11/2018 5:49:12 AM

8. Word limit: • Maximum 1,500 words: • Please aim for approximately 750 words for each question • Your references and bibliography do not count towards the word limit. 7. Feedback Mode: On-line via Turnitin. 8. Purpose of this test • The purpose of this assessment is to demonstrate your independent problem solving and legal analysis skills. • You need to demonstrate your ability to identify relevant legal issues; provide relevant sources and develop logical arguments that apply legal principles to the facts. • The skills and feedback you gain from this exercise will be valuable preparation for the final exam.

len2110239

9/11/2018 5:49:05 AM

If a mark of 50% or more could be given for this assignment that would be great please and if you can''t do that please don''t mark this assignment. Thanks 1. Due date:17 at 5.00 pm. 2. Weight: 30% of your final grade 3. Format: Two legal analysis questions worth 15 marks (15%) each.

Write a Review

Risk Management Questions & Answers

  A project report on mutual funds

This project report speaks of the core and future aspects of Mutual Funds and the present challenges to cope with.

  Evalaute the theoretical option price

Evalaute the theoretical option price

  Risk and return

Investing in the stock market and Risk-free investment and inflation

  Evaluate the gross profit

Evaluate the gross profit

  Discuss concepts of risk and management

Risk lies at all levels of business activity. There are many different kinds of risks within an management as well as ways to manage risks.

  Determine the average risk premium

Here are stock market & Treasury bill percentage (%) returns between 2006 and 2010: Determine the average risk premium

  Hypothetical healthcare organization ratios

Discuss and explain why one should apply caution when using financial ratios for analyzing a healthcare management's current financial position and future viability.

  Discuss role of risk assessment

The financial information has been dominated currently by stories of financial institutions that have mis-measured risk as part of subprime mortgage crisis.

  Calculate maturity risk premium

The real risk-free rate is 3 percent, & inflation is expected to be 3 percent for the next two years. A 2-year Treasury security yields 6.3 percent.

  Selcting best option for portfolio

Suppose you are planning investing in two stocks to form a portfolio. Assume you do not like risk. Which one of given stock combinations will you select for your portfolio?

  Result of systematic or unsystematic risk

It has been a little over one year since the collapse of Lehman Brothers which was the first major event in the downturn of our stock market & economy.

  Determine risk management

Determine risk management? Discuss the importance of risk management in an organization? How does risk management mitigation create value for an organization?

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!

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