Briefly explain the liability of: (a) A director of a private limited liability company. (b) A partner of a partnership. (c) A sole trader. (d) A private limited company.
Q: With reference to the English legal system: a) elaborate on what is meant by common law and its…
A: There are several fundamental concepts in the profession of law that serve as the basis of legal…
Q: Give 1 importance of analyzing determinate thing and indeterminate thing in Business Law Give 1…
A: Business law refers to the body of laws that governs commercial activities and transactions between…
Q: In the United States, prostitution is legal only in Nevada, and then only at licensed houses, called…
A: The question of whether prostitution should be decriminalized, legalized, or considered illegal in…
Q: Please i need answer What do you call the things which, by their nature, are considered as unlawful?
A: Introduction: Unlawful is a term used when action done by the person does not comply with the…
Q: Which of the following are checks without sufficient fund, as contemplated by BP Blg. 22? (I) A…
A: When a check is submitted for encashment and the bank is unable to honor the payment, this is…
Q: Using the PROCESS FLOWCHART show how to register Sole Proprietorship in BIR and DTI?
A: A business owned and run by a single person is called a sole proprietorship business. In this kind…
Q: Need urgently. Which of the following is true regarding the personal liability of corporate…
A: Under some conditions, corporate leaders may be held personally accountable for a commercial crime.…
Q: Courts sometimes step in to protect contracting parties from the consequences of poor negotiation or…
A: A contractual bargain is an agreement between two or more parties that creates legally enforceable…
Q: Identify and state the relevant facts in the case: [*1058] In addition, the Agreement authorizes…
A: The above case is about a data breach that happened in 2012 and is the subject of a legal dispute…
Q: 9. Which of the following statements are correct in relation to Carlill v Carbolic Smoke Ball…
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: How can a proxy contest be used to overcome a capturedboard? (Select all of the choices that…
A: Dissident shareholder can question the current board of directors and administration of a business…
Q: Company XYZ purchased an Employment-Related Practices Liability policy. A supervisor in the…
A: Employment practices liability insurance is a type of coverage that protects firms against…
Q: Discuss the consequences of incorporation of a company and elaborate on how different groups, such…
A: Incorporation is a legal procedure followed to create a corporate entity or company. A corporation…
Q: Mary Lou is chair of the board of directors of Evening Shade Properties, Inc. Evening Shade had its…
A: A merger opportunity is an opportunity offered to an organization to merge with another company…
Q: A. 1. X, Y, and Z, co-owners, sold a inverter air-condition unit to A. They solidarity bound…
A: A penalty is a money-related or other form of punishment agreed upon in a contract to be paid by one…
Q: In what circumstances can a taxpayer challenge an assessment outside the ordinary appeal process.…
A: Statutory laws are formed by legislative authorities while common laws are created through legal…
Q: Choose either True (T) or False (F) for each of the following questions – put your answers in the…
A: "Since you have posted multiple questions, we will provide the solution only to the first five…
Q: Consideration can be defined as “something of value in the eyes of the law”, but consideration is…
A: A promise, an act, a forbearance, or anything of value that is exchanged between parties to a…
Q: Q5a Please provide detail write up for the following business law question When performing a…
A: Contract of sale of goods - It is an agreement between two parties namely, the seller who gives the…
Q: Xavier purchased a condominium unit at Atmos Towers in January 2018 for P 3,000,000. In the…
A: Maceda Law, is also commonly known as the Realty Instalment Buyer Act. It provides certain rights to…
Q: In pursuance of the proclamation of the seventh day of October, 1958, and in exercise of all powers…
A: Copyright is a legal concept that grants the creator of an original work exclusive rights to control…
Q: Discuss the consequences of incorporation of a company and elaborate oh how different groups Such as…
A: The incorporation of a company refers to the legal process of creating a separate entity that is…
Q: How would you describe a leader's style: authoritarian or laissez-faire, a specialist or a coach?
A: The leadership styles are the different approaches used by the leaders to lead their teams or…
Q: What is gender identity? How is it different from sexual orientation? How does it come to be…
A: Gender identity and sexual orientation are two distinct concepts that are frequently confused. It is…
Q: Would you think the punishment provided in the law is enough to deter nonpayment of debt? What about…
A: Note: The answer has been framed in a generalized manner. Someone who lends money to another…
Q: Read the case of Lambert v. Barron. What are the most important facts that support Lambert’s…
A: In the case of Lambert v. Barron, the plaintiff, Mr. Lambert, claimed that he had an oral agreement…
Q: after a salesperson inspected a property and completed a brokerage engagement, the seller examined…
A: A sales agent or a sales person is a professional who is authorized to represent a party, individual…
Q: True or False Since articles of incorporation provisions are intramural in nature and are not meant…
A: Articles of incorporation - They are legal documents that are filed with the government to create a…
Q: If within 60 days from the approval of corporation action by stockholders, the dissenting…
A: The securities and exchange commission is a regulatory authority that is responsible to regularize…
Q: If a director allows a company to continue to trade indefinitely and the company is placed into…
A: Liquidation - It is also referred to as winding up and is a process by which a company's assets are…
Q: Employee, a Muslim, is a management trainee at an airport car rental office. As part of her…
A: The employee may have a valid claim of religious discrimination if she can prove that her…
Q: Ronny goes to his girlfriend's apartment to watch "Hot Coffee" for their Business Law class and puts…
A: Product liability represents the liability of the parties along the chain of manufacturing and…
Q: Case D: Governance Corporation, Bl corporation, and Susan Schultz, president and principle…
A: The case is about the Model Board, which sued TBI for interfering with its business opportunities,…
Q: If Tarek and Samantha purchase a car next week, how can they title the car so that they are both…
A: Purchase of property should be registered in the name of the owner, so that the property can be…
Q: Brent is a very talented accountant with ambitions to become the general manager of his firm.The…
A: IRAC is a method of legal analysis that involves the identification of the legal issue, explaining…
Q: Please help me with the following: 1. According to news articles, several CEOs receive only $1…
A: The monetary reward that an employee receives in exchange for their labor or services is referred to…
Q: Assignment r Coutoacts NO are but not all agoeensend Justfy it contsact.
A: Although they have different formal definitions, contracts, and agreements are two terms that are…
Q: Anthony is injured when another driver runs a red light and hits him. Anthony sues the driver for…
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: Facts: Mr. Johnson owns a 600-acre woodlot in Ohio. The trees in his woodlot are old-growth hardwood…
A: The motivating factor for the employees will differ from an employee to employee. Some employees…
Q: M issued a negotiable instrument note to P with a face value of P10,000, which P endorsed to A who…
A: Negotiable instruments are documents that represent a promise of paying a specified amount to the…
Q: Business law What are the fundamental principles of business law, and how do they apply to…
A: Business law is a complex and diverse area of law that covers a wide range of topics related to the…
Q: Questions 16 and 17, please
A: 1. Perfection of interest in collateral typically involves the filing of a financing statement,…
Q: All but which of the following must be present in order for a contract may be voided based upon…
A: Rendering a contract void means terminating the contract or making the contract non-enforceable. The…
Q: a debtor fails to appear at the Chapter 7 creditors' meeting, the court may refuse to grant the…
A: When a debtor files for Chapter 7 bankruptcy, they are required to attend a creditors' meeting where…
Q: Irene and Joy were co-owners of a parcel of land. On September 26, 2020, Irene discovered that Joy…
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: Can a country like the United States, which has more of its population incarcerated than any other…
A: It is possible for the United States and other countries with high rates of incarceration to reduce…
Q: Q1 Discuss the following casesa) On 25th August 2017, a cheque dated 01.09.2016 for Rs 5000 is…
A: The Negotiable Instruments Act is an Indian legislation that governs the creation, transfer, and…
Q: Jim is a 15-year-old boy living in London. Briefly explain to Jim the legal position arising from…
A: “Legal position" refers to the legal rights, responsibilities, and consequences that arise from a…
Q: 4.Bryson issues a $5,000 negotiable check "payable to the order of Yolanda or cash." Yolanda places…
A: The process through which bargains and communication is made between the individuals to reach to a…
Q: Sebastian, Wyatt, and Mathew are close friends who graduated with master's degrees in accounting…
A: Note: The answer has been framed in a generalized manner. An official contract between two or more…
Briefly explain the liability of:
(a) A director of a private limited liability company.
(b) A partner of a
(c) A sole trader.
(d) A private limited company.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps