QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 5 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Law Posted 20 Sep 2017 My Price 8.00

Sample short answer questions

Sample short answer questions:

4 of these questions will be in the exam

  • What are the statutory remedy available for members?

 

  • If a company wants to sue, what appropriate statutory remedy is available? Explain with relation to authority.

 

Is there any equitable limitation for majority shareholders acting in an inappropriate manner with the minority shareholders? A group of members at Opti Ltd have been oppressed by the directors of the company. What statutory remedy is available to them? (Refer to the authority when explaining the statutory remedy).

 

  • Explain the remedy that is available to enforce the right of a company. (Refer to authority when explaining the statutory remedy).

 

  • Adele is a director of Music Ltd. She is being sued for a breach of duty of care. She wants to argue that she utilised a business judgement. Explain to Adele the requirements of business judgement rule with reference to relevant authority.

 

The majority of members want to pass a resolution to change the constitution of IGA Ltd. This resolution would be harmful to minority of members as the majority members want to exploit the minority shares of the members.  Advise whether such a resolution to amend the constitution can be passed. Discuss why might a director argue reliance as a defence to a breach of duty and care?Explain the defences relevant that can be argued for insolvent trading.Explain share capital and the different types of shares options available.

Answers

(10)
Status NEW Posted 20 Sep 2017 05:09 PM My Price 8.00

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