FNSTPB504 - Apply Legal Principles in Corporations and Trust Law - TAFE Assignment help

Assignment Task

(a) Before advising Riley and Casey you are required to research different business structures and legal entities (Sole Trader, Partnership, Trust and Company) and their impacts for Riley and Casey’s business. Interpret your research and analyse the impact of legal issues involved in the business structures including the ease of establishment, size, risk and complexity in operation. Your research should include regulation of and practice relating to the following aspects:

1. Business structures and their operation;

2. Legal principles for establishment;

3. Size of structure;

4. Risk implications in the operation of the structure and an assessment of ways risk can be mitigated; and

5. Complexity in operation of the business and tax implications.

(b) Collect and collate the client’s business information, evaluate the relevance of your analysis to the client’s circumstances and apply the legal principles you have researched to develop a recommendation to present to the client.

Your report must:

(a) comply with organisational guidelines (refer to Appendix 2) and regulatory requirements for preparation of reports and providing advice to clients; and

(b) Include your research, analysis, evaluation and application of relevant legal principles and your recommendation developed in Task 2(b) above.

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