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Semester 1, 2020 BULAW5914 Commercial Law L. STUDENTS SHOULD ATTEMPT ALL QUESTIONS. Students should refer to statute and case law where relevant. Question 1 (10
Semester 1, 2020 BULAW5914 Commercial Law L. STUDENTS SHOULD ATTEMPT ALL QUESTIONS. Students should refer to statute and case law where relevant. Question 1 (10 marks) a) Riff and Raff enter into a partnership agreement. However, the activity that they intend to undertake as the partnership business is illegal at common law and under Commonwealth taxation legislation. Required: Explain the implications of the illegal purpose. (5 marks) b) Required: Explain the rights of a trustee to be paid from the trust for work done or expenses incurred (5 marks) Click or tap here to enter text. b) Click or tap here to enter text. Semester 1, 2020 BULAW5914 Commercial Law L. STUDENTS SHOULD ATTEMPT ALL QUESTIONS. Students should refer to statute and case law where relevant. Question 1 (10 marks) a) Riff and Raff enter into a partnership agreement. However, the activity that they intend to undertake as the partnership business is illegal at common law and under Commonwealth taxation legislation. Required: Explain the implications of the illegal purpose. (5 marks) b) Required: Explain the rights of a trustee to be paid from the trust for work done or expenses incurred (5 marks) Click or tap here to enter text. b) Click or tap here to enter text
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