Question
What are some of the key differences between a partnership and a joint venture, as a vehicle for operating a business. (2 marks) Explain the
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What are some of the key differences between a partnership and a joint venture, as a vehicle for operating a business. (2 marks)
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Explain the concept of fiduciary duty, and its scope or duration, as applied to partnership law. (2 marks)
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Describe at least three differences between an incorporated association and a company. (3 marks)
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In what circumstances, does the Corporations Act impose personal liability on directors for harm caused by the company? (2 marks)
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Tortoise Ltd is a shareholder in Rubicon Ltd which is listed on the ASX. Tortoise Ltd would like the shareholders to pass a resolution instructing the board of Rubicon to sign up to the United Nations Principles for Responsible Investment. Can the shareholders do so? (2 marks)
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Imagine that the constitution of a company includes a provision limiting the companys objects to investing in start-up fintech businesses. Having regard to the effect of ss 124 and 125 of the Corporations Act 2001, what is the legal effect of that limitation? (3 marks)
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What are the similarities and differences between the duties of a promoter and a director in a company? (3 marks)
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Explain statutory protection rules for third parties when they enter into contracts with a company. (3 marks)
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