Discuss why an understanding of the statutory assumptions

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Portfolio questions and activities. Do any three questions:

Question 1. Discuss the ways in which a company can enter into a contract.

Question 2. Discuss why an understanding of the statutory assumptions are important in assessing whether or not a company is liable for the acts of directors, agents and employees (especially s 128(3))

Question 3. Assume that a person who appears on ASIC records as a director, and whom everyone (including the company) thought was validly appointed as a director, is not, in fact, validly appointed. The notice requirements for the convening of the board of director's meeting at which she was appointed were not complied with. Does this fact alone invalidate a contract signed by her in the capacity of director?

Question 4. Brett and his wife Dina are the only shareholders and directors of BD Pty Ltd (BD) which owns a service station. BD employs Brett as manager of the service station. One night Brett shot and badly injured an intruder who was attempt to steal the week's takings. Brett has been charged with attempted murder. Could BD also be charged with a criminal offence? If so, on what basis?

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The legal suppositions are significant in surveying whether the organization is responsible for the demonstrations of the chiefs, specialists and workers since they help in authorizing the agreements.Assuming the chiefs carry out any roles that are penetrating the obligations of the chiefs, then, at that point, the organization might be responsible for their demonstrations.An individual managing the organization will be qualified for make specific presumptions related with those dealings. Accordingly, a comprehension of those suspicions will be valuable to decide the obligations of the workers as well as specialists.The specialists as well as the workers should satisfy their obligations successfully so the organization isn't expected to take responsibility for their demonstrations.

Reference no: EM133363759

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