Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Toto is an angel investor and always looks for emerging, cutting-edge businesses to invest in. Recently, he lost a significant portion of his investment after the collapse of the cryptocurrency exchange platform BTX and decided to sell his firm located in the regional New South Wales to offset some of his losses. In May 2023, Toto, after consulting his wife, Olivia and her brother, Lupto, incorporated a new company called Mind Matters Pty Ltd (Mind Matters) to grow magic mushrooms and supply them to biotech companies for their production of medicines to treat post-traumatic depression. Toto was involved in completing the company's registration. Olivia and Lupto were not directly involved in the process of setting up the company. However, there was an understanding that they would receive $20,000 each once the company was registered. After the company was registered, Olivia and her brother, Lupto, became the first directors and shareholders of the newly formed company. Toto entered into a contract with Mind Matters to sell his firm for $2.5 million. However, the market value of the firm is way below the purchase price specified in the contract. According to one valuation report, the property value of the firm is estimated at $500,000. Despite this issue as to the valuation, the directors approved 4|Page the purchase without enquiry. When the new directors were appointed, they found out that Toto sold the firm to the company at an inflated price which caused the company to bring action against Toto, Olivia and Lupto. Advise Mind Matters if the company have any recourse against Toto, Olivia, and Lupto. Discuss with reference to legislation and case law where relevant.
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.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd