Introduction This case considers the issue of the ordinary income and whether or not a gift of shares to an accountant Lewis Hays by the owner of the company Richardson’s Meat Industries Ltd. is assessable as ordinary income for the accountant’s personal services to the private company and the owner. He worked for company for […]
Case Summary Getty Oil Company had two major shareholders, Gordon Getty, Getty Museum. Gordon Getty who was also the trustee of the Sara Getty Trust owned about 40% of the outstanding shares of Getty Oil. The Getty Museum held about 12% of shares of Getty Oil. In January 1984, Pennzoil Company rendered an offer to […]
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Get help with your assignmentAccess to Justice Legal aid was introduced after the Second World War to permit people who could not otherwise afford the services of lawyers to be provided with those services by the State.[1]The system and costs grew hugely over the decades and underwent various restrictions and cutbacks during the late 1990s.[2]Although there have been many […]
Conclusions and Recommendations It can be concluded from the research of the laws prevalent in various countries that India has recognized the effects and the increasing incidence of acid violence in the country over the last few years. India has now made acid violence a specific offence and have through legislation ensured that victims be […]
Why the system of preliminary rulings in Article 267 TFEU is, and continues to be, important for the development of a coherent EU legal system and the liberalization of the procedure. The system of preliminary rulings provides the European Court of Justice (ECJ) an opportunity to assume an advisory role for other member states. The […]
Table of Contents Introduction Facts in the Scenario Identification of the Legal Issues Arising From the Facts in the Scenario Identification and Application of Appropriate Legislation or Case Law Conclusion Bibliography In Advising Jane Introduction Company law primarily discourses certain major sets of fundamentals that are integral in the structure of large companies. These principles […]
Question 1 Issue The issue is whether the contract entered into by Harry, a clerk in the factory office is enforceable against the company. Rules A company can enter into a contract by the virtue of s124. There are several ways a company can contract with the outsiders. One common way is to affix the […]
“Critical Analysis of TRIPS standards regarding PATENT protection” History of TRIPS TRIPS is an abbreviation of Agreement on Trade Related Aspects of Intellectual Property Rights. It is an international agreement between the member countries of the World Trade Organization (WTO). TRIPS agreement came after the General Agreement on Tariffs and Trade(GATT) in 1994. The […]
(b)Ajith is an experienced driver with 25 years’ experience and accident free record. Last Friday early morning he was driving in Galle Road in 90 per mile speed and at Bambalapitiya junction he lost his control ran over the pedestrian who was killed spontaneously. The Government Medical Officer found that he was not under the […]
Question 1 Adelaide Interior Linings Pty Ltd v Romaldi Constructions Pty Ltd Very briefly outline the facts of each case including the contractual provisions under scrutiny (10 marks); Romaldi Constructions entered into a construction subcontract with Adelaide Interior Linings for the installation of lining at a college which was being constructed by Romaldi Constructions. Adelaide […]
Ideally, a responsible corporate governance system would promote shareholder wealth, restrict managerial shirking, protect minority shareholders and minimize controlling shareholders’ misappropriation of private benefits of control In Mauritius, the country has also witness some scandals such as the Air Mauritius saga and this was subsequently followed by the National Pension Fund scandal. Following public outcries, […]
Basel Accords which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision consists of Basel I, Basel II and Basel III. Basel I was adopted in 1988 and was enforced internationally in 1992. While Basel I is now outdated, Basel II was formed and implemented by a lot of […]
Myer is a large department stores in Australia. Its parent company is NB Flinders PTY Ltd which is the Australian parent company of the Myer group of companies. There was an economic recession in 2007 until 2009 as a result of subprime crisis. As a consequence of this it had impact on Myer performance as […]
The corporate inversion refers to the act of a parent company, whose headquarters are located within U.S. borders, switching registration with their offshore subsidiary in order to take advantage of foreign tax benefits. This practice is becoming more popular due to increasing offshore tax advantages and corporate mobility (Sikka, 2010). The U.S. government is attempting […]
TAX CUT POLICY ON PUBLIC DEBT Tax cut policy is reducing the rate of tax imposed by government. According to the economic theory, the immediate effect of tax cut is reducing real income that the government gets and increasing the real income of people whose tax rate was lowered. In the long run, there may […]
Islamic Finance is dealing in financial matters based on the Islamic Jurisprudence (Shariah), therefore it is important to understand what Islamic Jurisprudence (Shariah) is. The main sources of Islamic Jurisprudence are as follows: For Muslims, the first and foremost ruling for any matter, social, economical, and religious, comes from the Holy Quran followed by the […]
Implementing Sarbanes-Oxley within an Environment: Understanding the controls used to implement Sarbanes-Oxley within an environment Recent high-profile corporate scandals (Enron, WorldCom, Tyco and Arthur Andersen etc.) have shattered the trust, of shareholders, legislators and authorities, in major publicly traded companies and have raised concerns for the state of corporate governance, not only in the United […]
In the past a Memorandum of Association was seen as vital in providing information relating to the external affairs of a company. The importance of this document diminished over time with legal developments. Its worth will be limited further in consequence of the Companies Act 2006 content. Discuss the accuracy of the above statement and […]
Legal Action Against Unauthorized Importers Case Summary China phone manufacturer Xiaomi can’t sell its MediaTek made phones in India since an ongoing patents case from Ericsson in the Delhi High Court. But other unauthorized dealers still import the Xiaomi Redmi Note 3G which runs on a MediaTek processor without Xiaomi’s permission. Ericsson’s lawyers told the […]
3. Is lobbying a legitimate practice? Discuss, using examples Introduction The objective of this essay is to discuss the legitimacy of lobbying. I will start off by giving a brief overview of lobbying and its features. Next, I will use popular lobby cases: Cigars being threatened with regulations, Royal Dutch Shell Niger Delta case and […]
Employee Privacy Rights Research Proposal Richard Lee Columbia Southern University Introduction Are employees’ rights violated when employers monitor their Internet and e-mail usage? In regards to information and telecommunications, there are some limitations to employee’s rights to privacy in the work place. They include, websites visited by the employee and internet usage monitoring, limitations related […]
Question One It has become clear that the issue at hand relates to shareholders’ rights. It has been established in evidence that the Table A Articles of Association provide for two classes of shares: ordinary and preference. Ordinary shares are exactly what their name suggests, they carry with them all the rights and responsibilities of […]
The Failed Promise of Statutory Protection The subject of the legal regulation of labor is one of great complexity. Up to the present time a priori objections to such regulations have delayed their introduction, and only gradually, as experience has demonstrated their usefulness, have they been extended to situations which seem to require them. In […]
A REFLECTION OF AMERICAN JURISPRUDENCE ON THE INDIAN MILIEU OF LIBERALISED ABORTION POLICIES Abortion laws originated in the United Kingdom as early as 1803, but the credit of revolutionizing abortion laws and recognizing the inherent, perhaps inextricable right and liberty of women over their bodies can only be given to the United States—more specifically to […]
Going to public fund is one of the strategies to company to getting additional fund. Before that, company must publish their share to bursa Malaysia before invite the public to buying their share. But for unlisted company they cannot simply publish their share to public and they must be listed in bursa Malaysia first. With […]
