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Norman has advertised his service station for sale. He is aware that the government plans to build an expressway that will bypass his station and

Norman has advertised his service station for sale. He is aware that the government plans to build an expressway that will bypass his station and greatly reduce his number of customers. Zoe enters into negotiations to purchase the service station and Norman, realising that she is unaware of the planned bypass, decides not to mention it. Zoe purchases the business and, very soon after, learns about the bypass.

Zoe comes to you because she wants the contract of sale terminated and to recover her losses. Advise Zoe with reference to either common law misrepresentation or the Australian Consumer Law. (7 Marks) (700 words limit)

) Betty was employed by Emporium Ltd, a company that buys and sells second-hand furniture. Betty was one of the best sales people on the team. However, the company decided to dismiss her for no apparent reason. Betty decided to take action against Emporium Ltd for wrongful dismissal. The directors of Emporium Ltd call for an emergency meeting because they are worried that Betty may be successful in her action. If she was successful, Emporium Ltd may have to pay her millions of dollars, which would wipe out most of the company's profit. They decide to restructure Emporium Ltd by transferring all of the company's assets to a new company they created, Whitfords Beach Ltd. They also ensured that all the creditors of Emporium Ltd are paid. Betty is successful in her wrongful dismissal claim and, as a consequence, the court awarded substantial damages against Emporium Ltd. However, the company could not pay the amount because it had no assets left.

Can Betty enforce the judgment against Whitfords Beach Ltd? (7 Marks) (700 words limit).

) Refractive Surgery Centre Ltd is a company that develops medications. It is working on a very important drug that can revolutionise the industry. Accordingly, it needs some more capital. It decides to raise s7 million via the issue of seven million sl shares. The company has not raised any money on previous occasions. The directors of the company come to you for advice in relation to the type of disclosure document they need to issue. What type of disclosure document should be issued in such a scenario? Advise the directors. (6 Marks) (600 words)

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