Congratulations! You have secured a graduate position with a large firm of corporate advisers. Hannah Finley, a partner in the practice, asks you to attend an 10:00 a.m. meeting on Monday with herself and Russel Robbins, a longstanding client of the firm. You will be required to take notes and prepare answers to Russel 's queries. Russel Robbins is married to Megan Mays. They have one child, Ellie, who attends a local private school. Russel is very entrepreneurial and has been running a second-hand and vintage clothing business in Albury, NSW, by himself as a sole trader for the past five years under the business name of Pinnaclewear. A lot of Russel's customers are other businesses, both local and overseas. Turnover was $285,000 in the first year and has now grown to over $3 million per annum. The business operates from rented premises, but Russel would prefer to buy a building. Currently, Pinnaclewear employs eight staff. Russel has plans to expand the business further. He also wants to diversify into food and catering in the near to medium term. Russel's mother, Violet, is a retired accountant and he regularly asks her for advice. Violet suggested recently that Russel should structure his business as a company. Russel is unsure about this. He makes an appointment to see Hannah Prior to the meeting, you review Russel 's file and note that he and Megan have the following assets. ? A family home in Wodonga with a market value of $1.25 million. There is a mortgage on the property of $561,000. The house is owned by Megan. The house was previously owned by Russel and Megan , but when Russel started up his business, it was decided to transfer the house solely to Megan for asset protection reasons. ? A share portfolio. Russel and Megan jointly own 1000 Telstra shares, which cost them $3.30 per share, and 500 Commonwealth Bank shares, which they bought when they first married. The Commonwealth Bank shares cost them $10.90 per share. The Telstra shares are currently worth $3.09 per share and the Commonwealth Bank shares are worth $61.00 per share. The shares are intended as an investment for Ellie ? they will be given to her when she turns 21. Russel and Megan also jointly own a portfolio of blue chip Australian shares currently valued at $145,957. ? Two motor vehicles. Megan owns a BMW Series 7 worth $135 000. Russel owns a VW Transporter Van worth $18,000, which he uses for the business. ? Office furniture and equipment. During the course of the year, Russel bought computers, desks, other office furniture and shelving for the business which cost him approximately $23 000. Their current value in the financial accounts is $8,650. ? Superannuation. Russel has $190,568 in superannuation and Megan has $136,000 in superannuation. Page 6 of 8 HA3021 Corporations Law Individual Assignment T1 2021 In addition, Megan works as a sales and marketing manager in the city for a financial services company. She is on a total salary package of $155,000. At the meeting, Russel hands over last financial year's business results and his draft budget of sales and expenses for the coming financial year. The budget for the new year shows expected sales of $3,764,000 and a net profit of $637,979. Issues to be considered During the meeting, Russel has a number of questions relating to important issues surrounding the future of his business. Answer the following questions relating to Russel 's matter: (1) What options does Russel have to structure the Pinnaclewear business? Name each business structure used in Australia that Russel can choose and then define and describe the basic characteristics of this business structure. (2) From the facts presented, identify the important issues that will arise as Russel chooses the best type/s of business structure/s and the factors that he will need to consider in choosing the right business structure for his business.

QUESTION 6 The solubility of Ar (g) in water at 25"C is 1.6x10M when the pressure of the Ar above the solution is 1.0 atm. The solubility of Ar at a pressure of 2.5 atm in a. 1.6 x 103 b. 8.4 x 104 C 4.0 x 10-3 d. 7.5 x 10-2 e. 1.6 x 10-3 QUESTION 7 In a saturated solution of a salt in water, the rate of crystallization > the rate of dissolution the rate of dissolution > the rate of crystallization b seed crystal addition may cause massive crystallization C. addition of more water causes massive crystallization d the rate of crystallization = the rate of dissolutionQUESTION 7 In a saturated solution of a salt in water, the rate of crystallization > the rate of dissolution a. the rate of dissolution > the rate of crystallization b. seed crystal addition may cause massive crystallization addition of more water causes massive crystallization d. the rate of crystallization = the rate of dissolution eQuestion 5 (12 marks): You must answer both part (a) and part (b). Bec made a contract to purchase Jule's car. Bec paid a deposit of $1,000 with payment of the balance of the purchase price to take place on 11 May at 10.00 am. On 8 May, Bec lost her driver's licence due to accumulated loss of points. (a) Could Bec terminate the contract and recover the deposit, since she was not permitted to drive the car on 11 May? Why/Why not? (6 marks) (b) Since Bec could not drive for a while, she went on a 21-day holiday cruise. She paid for it in advance. A term of the contract provided that passengers would experience an enjoyable and relaxing holiday. Fifteen days into the cruise, the ship hit a rock and sank. Bec lost all her belongings and was extremely disappointed that the cruise turned out to be such a disaster. Advise Bec if she would succeed in claiming for damages. (6 marks): 26 01 30 Question 28 (1 point) Saved The Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP) are: O A) mandatory plans. O B) optional, mandatory, and contributory plans. ( C) optional plans. OD) contributory plans. E) mandatory and contributory plans.City of San Diego monitors the water treatment plant effluent for turbidity, disinfection byproducts, etc. and submit the monthly report to ........ agency. Question 2 10 p Helix Water District samples source water for total coliform, fecal coliform and EColi and submit monthly reports to .......agency