LST5CCL - Company and Commercial Law - Law Assignment Help

Assignment Task

PART A: Problem Solving

Scenario One: Finance RUs – the beginning

Frank, Richard and Sophie met whilst they were studying at La Trobe University. After their graduation they decide that they want to start a business together. Frank specialises in trusts, Richard had a passion for investments and Sophie was known as a brilliant financial adviser.

Despite their proficiency in a number of areas, they lack an understanding in the law. They have heard about numerous business structures, but they are unsure which one to choose from. They come to you seeking advice on which business structure they should choose.

Task: Advise Frank, Richard and Sophie which business organisations could be an option for them.

In your advice, discuss the benefits and limitations of a partnership, proprietary company and publicly listed company. Your analysis should consider relevant statutory provisions.

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