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Legal Advice

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- Response to Autumn 2016 -Focuses on partnerships, corporate veil, directors and criminal liability

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3 Pages Essays / Projects > 2 Years old
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Legal Advice
Topics this document covers:
Business law Law Economy Business Types of business entity Legal professions Agency law Partnerships National Rugby League Law of agency Fiduciary Apparent authority Dave Slimey
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Topics this document covers:
Business law Law Economy Business Types of business entity Legal professions Agency law Partnerships National Rugby League Law of agency Fiduciary Apparent authority Dave Slimey
Sample Text:
It is misleading as there are no facts given to confirm that Nickeldime Resources Ltd (NRL) and Ichiban Nikkeru Kaisha (INK) have settled their differences and the fact that Dave has not been involved in the management of NRL recently confers that he ought to have known that the statement was either false or misleading (s1041E (c)(ii)) as he is not entirely sure with the decisions. Dave’s statement also satisfies s1041E(1)(b)(iii) as he deliberately wanted to increase the price of the shares for his own advantage and he had knowledge that it would decrease. This is evident in his actions of selling a portion of his shares when the price was still high. Therefore, it is most likely that Dave breached this provision. NRL may also be liable for Dave’s actions according to s769B of the Corporations Act 2001 (Cth). In order to determine ...
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