Question
QUESTION You have just joined a new business establishment as a young executive after completing your studies. Since you are fresh from University, most of
QUESTION
You have just joined a new business establishment as a young executive after completing your studies. Since you are fresh from University, most of your office mates have this idea that you will have better knowledge on the latest laws affecting some of the issues that they are facing. They approach you with various legal questions. (500-1000 words)
1. Julie, one of the staff at the purchasing department of the company would like know what is meant by vitiating factors under the Malaysian Contract Act.
You are required to:
Advice Julie on what is meant by vitiating factor under the Contract Act and what happens to contract if these vitiating factors were involved in obtaining a consent to a contract.
(40 Marks)
2. Jack, who is one of directors of the Company would like know under what kind of circumstances can he be held personally liable for the debts of the Company.
You are required to:
Explain to Jack the rational as to why directors could be held personally liable for the debts of the Company and furthermore under what circumstance that could happen.
(40 marks)
3. Since the pandemic had badly affected the conventional way of doing business, the business development manager of the Company would like to know to what extend on-line businesses are regulated in this country.
You are required:
To explain to the business development manager on basic laws related to online business in Malaysia.
(20 Marks)
You are required to advice Julie, Jack and the Business development manager on the legal issues. The answers must be supported with relevant laws and cases.
(Total: 100 Marks)
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