Assignment First

  本篇代写论文价格-商业法律案例讲了澳大利亚的法律是用来管理公民及其活动的。为了理解法律如何帮助普通人,同样的法律可以适用于各种情况。我们考虑了合同法、成文法和普通法等各种法律,以便回答各种问题。已经讨论了适用于员工在公司工作期间的规章制度。还研究了就业后的条件和义务。这使得普通人更容易理解同样的应用。此外,还讨论了公司的权力、公司成员的权力以及同样的限制。本篇代写论文价格文章由英国第一论文 Assignment First辅导网整理,供大家参考阅读。

  Australian laws are made to govern the citizens and their activities. In order to understand how the laws help common men, the same laws can be applied to various circumstances and situations. Various laws like contract law, statutory laws and common law have been taken into consideration so that the various questions could be answered. The rules and regulations, which apply to an employee while he or she is working for a company have been discussed. Post-employment conditions and obligations have also been studied. This makes it easier for common men to understand the application of the same. Furthermore, the company’s powers, the powers of the members of the company and also the restrictions of the same have been discussed.

  Question 1

  Issue

  The given situation asks for the characteristics of a proprietary company and a public company and why would the managers of the given company, Sparkle Pty Ltd, convert it from a proprietary company to a public one.

  Rule

  The laws and the statutory provisions that apply are Corporations Act 2001, section 45A(1) and 162 of the Corporations Act 2001 (Cth), Common Law, Contract Law, Equity, Agency and any relevant Statutory Law, and the state legislation would apply in the given case, along with Partnership Act 1895 WA, section 5 of the Partnership Act 1958.

  Application

  In order to address the issue which has been provided, one needs to discuss the properties of the proprietary company and the partnership.

  Proprietary company

  This kind of a company is found in Australia or South Africa, and unlike public companies, depending upon the state’s legislation, it has to abide to the rules. It can be limited or unlimited in nature.

  Advantages: In a proprietary company, there are more opportunities than other companies. This company can have a unique name, which can be registered and protected. The minimum shareholder required is only 2 and the Taxation rates are favourable for the members.

  Disadvantages: The disadvantages include the limited number of members which are 50 which restricts the growth. The shares of a proprietary company cannot be transferred or sold. Further the admin costs increases when new ideas are implied and also that if deadlines are missed a large amount of fine incurs.

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