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Who will be the parties to the contract and why

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Reference no: EM133095086

ACBUS201A Commercial Law

Assessment Event - Portfolio

Portfolio Activity

Bill and Benita are competitors who both operate businesses providing book keeping services for building contractors. Bill is a sole trader and Benita has registered her business as a single member/single director proprietary limited company. Answer each of the following questions in relation to each business giving reasons for your answers:-

Question 1. When a client engages Bill's business who will be the parties to the contract and why?

Question 2. When a client engages Benita's business who will be the parties to the contract and why?

Question 3. In the course of fulfilling a contract, Bill makes serious errors resulting in a loss to the client of $20,000. Who is liable for the loss and why?

Question 4. In the course of fulfilling a contract, Benita makes serious errors resulting in a loss to the client of $20,000. Who is liable for the loss and why?

Question 5. Bill has decided to cease trading and bring the business to an end. What must he do to achieve this?

Question 6. Benita has decided to cease trading and bring the business to an end. What must she do to achieve this?

Attachment:- Commercial Law.rar

Verified Expert

The study has highlighted the forms of businesses and the legal aspect of making contracts. In this study, the contract law of sole proprietorship and limited liability company has been analysed. In addition to this, it has provided a brief concept of paying the liability and debts of these two forms of business

Reference no: EM133095086

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len3095086

3/1/2022 10:02:54 PM

this subject is a commercial law 1 in Australia. any references must be under Harvard AGPS. please check the following rubrics and try your level best to achieve it. I hope to get best marks Up to 2.5 marks – student has addressed the main components and addressed all activity requirements

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