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!
Question 1.Designco Pty Ltd designs, manufactures and distributes craft kits for children. Children use the kits to construct balsa wood models of animals, which can be painted. The directors of the company are Ian and May. Ian and May are also the only shareholders. Both Ian and May work in the business. Ian is in charge of design and marketing and May looks after manufacturing and finance.
Among other assets, Designco owns the original design drawings done by Ian. The commercial value of the drawings is about $15,000. Unfortunately, the business has not been going well lately. Ian is worried that, if Designco fails, the drawings will end up in the hands of the liquidator. He and May pass a directors' resolution donating the drawings to the Art Gallery. Have the directors contravened any director duties of the Corporations Act and the corresponding fiduciary duty?
Question 2.Andrew and Belinda are the only shareholders and directors of Sailors Pty Ltd which sells boating equipment. The company owns a warehouse and attached shop and a large block of land on the waterfront which it uses for storage. Andrew is also Chairman and majority shareholder of Buildplus Pty Ltd which is a property developer. Buildplus needs to borrow $1.5 million to fund its latest land purchase but it has no assets to use as security for the loan. Andrew arranges for Sailors to guarantee Buildplus's loan by getting the company to execute a mortgage over its waterfront land. Andrew signed the mortgage documents as a director of Sailors and forged Belinda's signature as the other signatory. Cassie who is the manager of the bank knew that Sailors was not in the business of land development. However she was away at the time the documents and the transaction were organized and signed. The bank employee in charge in place of Cassie was unaware of Sailors corporate history and did not ask any questions. Builplus is now in default on the loan and the bank isseeking to enforce its rights against Sailors. Advise Sailors whether it is bound by the mortgage.
Explain how correctional institutions are structured.
Explain Compensation Laws and Provide examples of laws and regulations influencing total compensation
He is terminated. Jon sues the employer, alleging religious discrimination - are any of the employer's defenses valid?
using apa style format write a 4-5 page paper describing the provisions of the following major labor laws as well as
Explain Discriminatory Queries During Job Interview and The Company also requires pre-offer medical examinations of some prospective employees
explain the emergence of ira splinter groups today. using contemporary news sources describe the situation in northern
the discussion assignment for this week includes a review of the key assignment outline completed by one of your
write a 1050- to 1400-word paper explaining the role of a security manager within different organizations including
what are five elements pertaining to the establishment of a false claim under the false claims act? hipaa privacy
in recent years the use of forensic evidence has become more commonplace in criminal cases. in using forensic evidence
select a product with which you are familiar or interested in. be sure the product has not been mentioned by other
explain cooleys argument in genetically modified organisms and business duties. what would cooley say about the
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