COURSE: LAW2464 COMPANY LAW DATE: 17/03/2012 TIME ALLOWED: 1 hour 40 minutes (including 10mins reading time) QUESTION (Prospectus Topic) In July 2011‚ Ah Beng was at his accountant’s office to talk about taxation matters. Whilst there‚ his accountant gave him a prospectus issued by Ionic Ltd.‚ a company listed on the Singapore Stock Exchange‚ to take home to read and if interested‚ to follow the instructions about investing in new shares in the company which were to be quoted
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effects Characteristics of a company -Companies are artificial entities with rights and liabilities separate from their shareholders or members -s119: company comes into existence as a body corporate at the beginning of the day on which it is registered with the name specified in its certificate of registration -This legal entity is separate from its members so assets of the company are not the assets of its members and contracts entered into by the company will create rights and liabilities
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under the law this contract was not valid. Steve the salesperson was completely liable under the law for entering a contract with an underage minor. As a car company representative there is protocol which must be used when entering into any contract and a major part of protocol is to ensure that both parties are of legal age at the time of sale. Another possibility that may be a remedy for this situation is for Car Company to take legal action against Jeff‟s legal guardians. Under the law any minor
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Companies Act Chapter 81:01:- "No association‚ society‚ body or other group consisting of more than ten persons may be formed for the purpose of carrying on any trade or business for gain unless it is— (a) incorporated under this Act; (b) Formed under some other written law; or (c) A partnership" According to the Companies Act Chapter 81:01‚ a “shareholder”‚ in relation to a company‚ means a person described in section 107(1); which states that a shareholder is: (a) a person who is a member
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Mount Crest University College Course: Company Law Intake 2 Weekend Assignment Naa Amerley Quaye (B12010042) QUES: Yentua Company Ltd. was incorporated on 10th June‚ 2010. Its objects are construction and civil engineering works. It now wants to obtain a certificate from the Registrar in order to start working. What information should it present to the Registrar before it can be issued with this certificate? There are legal rules governing the commencement
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Akmal Marizalee Jamielyn Jimmy Introduction o Definition - A company is an association of persons‚ existing as a separate legal entity from the owners (or members) - Legal Definition o S4(1) Companies Act (CA) 1965: corporation is any body corporate wherever formed or incorporated └ Include – any company or foreign company └ Exclude -: Public authorities‚ Instrumentalities or agencies of the Government of Malaysia or of any State or body corporate not incorporated for
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Women and Minorities in Law Enforcement Working to end discrimination in this country has been a long and hard fought battle. In the early 1950’s federal laws began to offer some help to those who had been persecuted against for so many years. During the Nixon Administration the federal government began to push employers to make a "good faith effort" to employ women and minorities and to track their progress. These were known as affirmative action programs. Some minorities contend that discrimination
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Limited‚ a private company are held by Ann and Andy Anderson and Bev and Bob Brown. The Andersons who together hold 90% of the company shares are concerned that the company is in need of further capital but because of family difference‚ the Andersons are not willing to inject additional funds so long as the Browns are shareholders in the company. They have therefore decided to pass a resolution which will enable the majority acquire compulsorily at full value shares of the minority. Advise Bev and
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doors that cannot be accessed to bystanders and to have security cameras in public areas such as lobbies or in places where crime can occur such as in hallways and car parks. Some more detailed examples concerning a hotel’s duty of care for the protection of its guests include hiring properly trained security guards who can effectively protect the hotel’s guests if they were under assault or to supply a competent and not an inexperienced person to administer medical aid to a guest who needs it. There
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Tittle: protection *click* Intro: Some people say that the government should be more responsible for damage done to the environment by harmful corporations. A reason behind this maybe is that the government holds all the supremacy. Other people disagree and say that the government should not be responsible for protecting environments for damaging corporations. Other people may say this since the government has many other problems that are at a higher priority. The government should be more responsible
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