Corporations Law - Australian Corporations Law and constitutional aspects and Administration - Law Assignment Help

Assignment Task :

Purpose: 

This assignment is designed to assess your level of knowledge of the key topics covered in this unit. 

Unit Learning Outcomes Assessed: 

1. Discuss the foundations of Australian Corporations Law and constitutional aspects and administration.

2. Apply legal principles to real case situations in the context of different types of business organizations and the legal issues that arise in day to day business.

3. Analyse the incorporation process and characteristics of corporate legal personality.

4. Demonstrate the legal principles for managing a compan in par ic lar he compan relationship with others.

5. Critically analyse the concept of corporate internal rules and management.

6. Analyse the role and responsibility of directors and members in the management of the company.

7. Analyse the in erac ion be een member righ direc or d ie and corpora e governance.

8. Analyse the procedures regarding external administration and winding up.

9. Identify and analyse legal issues arising from the administration of a company. 

Description: Each week students were provided with three tutorial questions of varying degrees of difficulty. These tutorial questions are available in the Tutorial Folder for each week on Blackboard. The Interactive Tutorials are designed to assist students with the process, skills and knowledge to answer the provided tutorial questions. Your task is to answer a selection of tutorial questions for weeks 6 to 10 inclusive and submit these answers in a single document. 

Week 1 - Question 1  

Situation 1. She arranges with the compan bank o ran fer an amo n of from he company account into a personal bank account held by her in her own name. She uses the funds to finalise some outstanding personal debts. 

Situation 2. As a director she receives information that the company is in a serious financial position. She arranges to transfer a larger amount of the assets of the company over a new proprietary company that she formed with the intention of caring on the same business. 

Situation 3. Contrary to a resolution of the Board and notwithstanding established business practice that limits credit to $20,000 she allows a trade debtor (who has a history of bad debts) to exceed its credit limits by $25,000. The debtor fails to pay the outstanding amount of $45,000. Can she rely on the business judgment rule in this situation? 

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