Establish permanent parking village

Assignment Help Business Law and Ethics
Reference no: EM133491786

Easy parking Pty Ltd was set up to acquire land to establish a permanent parking village for owners of small houses. The shareholders are a group of wealthy self funded retirees. The directors of the company are former bank manager, Ravi patel and former actor, Sangeeta Gurung. The company acquired a large of land in the rural victoria but after five year, was unable to obtain permission from local council to develop the site as intended. The Company sell the land for slightly more than the purchase price. Rony and Rachel as shareholders are very upset as they think that the land should have been sold for a higher price. They also believe that rumours the land has been sold to another company owned by Ravi and Sangeeta.

Advise Rony and Rachel about what rights they might have under the corporation Act 2001.

Reference no: EM133491786

Questions Cloud

Iron law of responsibility and the social contract : Explain the Iron Law of Responsibility and the social contract.
What is the value of the swap in usd to the party paying : The current exchange rate is $2 = £1. What is the value of the swap (in USD) to the party paying dollars
What is lean : Discuss what Lean is, then explore the implications (what being lean could mean for your organization's (John Fernandes Ltd) structure and resources).
Compare the windows 8 operating system to the newly released : Compare the Windows 8 operating system to the newly released Windows 10 operating system. Contrast similarities, and differences and the benefits of each OS.
Establish permanent parking village : Easy parking Pty Ltd was set up to acquire land to establish a permanent parking village for owners of small houses.
Corporate loan via money market borrowing or retail deposits : Rates are forecast to fall over the next six months and to fall again before the end of the year. Would you prefer to fund a 2-year corporate loan via money
Why did you not select the other two options provided : Why did you not select the other two options provided in exercise? Be specific and support your response with clinically relevant and patient-specific resource.
How organizations can include diversity, equity : What experience or knowledge do you have with how organizations can include diversity, equity, and inclusion? Do you find addressing possible solutions
How much would you pay for the stock today : How much would you pay for the stock today if similar stocks in the market are returning 10%? Assuming dividends just paid is $1 (D0)

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

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..

  Business ethics & legal issues caselet

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.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

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.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

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

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 ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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