Levels Tought:
Elementary,High School,College,University,PHD
Teaching Since: | May 2017 |
Last Sign in: | 259 Weeks Ago, 2 Days Ago |
Questions Answered: | 20103 |
Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Lin is the managing director of A LTD . She is seeking your advice in relation to payment for work which A undertook for a company called B ltd.
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Alex is a non-executive director of B.
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A was engaged by Alex to refurbish a factory that her company uses for manufacturing .
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The agreed price for refurbishing the factory was $100,000.
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Before signing the contract to undertake the work, Lin checked the ASIC register and noticed that Alex was listed as a non-executive director (but was not otherwise listed on the register). Lisa questioned Steven, the Chairman of Colourful Toys about this. Steven responded,
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        Don’t worry Lin, Alex always engages contractors立约人on behalf of the company.
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The contract was signed by Alex on behalf of Colourful Toys and the work performed.
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However, the board of directors at Bs has now rejected A LED’ request for payment for the work on the grounds that it did not authorise the work and there is no formal authority for the work.
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Please advise A Pty Ltd whether Celeste has authority to sign contracts on behalf of B and whether B will be boundby this contract under the Corporations Act!
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Please answer this question before the deadline of the time ;
IT is use corporation ACT 2001, au
I want to know
What is the most important issue of this question I means how could I explain Lin could behalf of A
Could I argue based on shadow director? IS Lin is a shadow of her company? but Lin is already a non executive director
if Lin is not a shadow director, what is the most important to consider?
director of good faith?
What evidence could I use about she could behalf the company or not ?
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