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1. What are the advantages and disadvantages of becoming a franchisee? Should a person considering going into business the first time consider a franchise? Discuss.

1. What are the advantages and disadvantages of becoming a franchisee? Should a person considering going into business the first time consider a franchise? Discuss.

2. What is the significance of Salomon v A Salomon & Co Ltd [1897] AC 22? What is the 'corporate veil' and when is it permitted to be lifted under the Corporations Act?

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