INTRODUCTION Company law has now put on a broad scope as a result of global economic and technological advancement in this era thus touching on a number of disciplines. Issues pertaining to the company and its administration has been clearly spelled out in the Companies Act 1963 (Act 179) of Ghana. Company law (or the law of business associations) is the field of law concerning companies and other business organizations. This includes corporations, partnerships and other associations which usually
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Question1 (a) Facts: Due to the global financial crisis, the business of Bling Bling Pty Ltd has declined and the company is in the process of insolvent and under the care of a liquidator. The liquidator has rejected Sue’s claim to the securities, which includes a substantial block of shares that were fully paid, and debentures for further substantial sum secured by charge over all company’s assets. Issue: Whether Sue can enforce her charge [security interest] against Bling Bling Pty Ltd
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Sample Study All American City, America Sample Study Page i Table of Contents Page Executive Summary .......................................................................................................................1 Three Year Growth Pattern.......................................................................................................2 Trade Area Delineation.............................................................................................................3 Economy
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choose a product or a service from a specific company is to satisfy their needs to the maximum. In my opinion, the widely used statement, “The customer is always right” is very true as there is no denying that customers are the biggest factor of one company’s success—Customers can crown one company as the king in the market, or bring it down to hell. Consideration of customer rights at all stages of the marketing process can be a benefit to the company. As we know that, the customer is always the
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(MC1306BC3055) Company Law – Topic Review 1 The main issue here is what action should Bake Chef Sdn. Bhd. and Ramos take after Wonbin had solicit clients from Bake Chef Sdn. Bhd. and transfer the title of his house to his company, Cake Mart Sdn. Bhd. to evade the contract of selling his house to Ramos. In Sec 16(5) of Companies Act 1965, a company may sue and be sued in its own name. However, under the rule in “Foss vs. Harbottle”, a company should sue the other party under its own name if the company has
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Cultural diversity in professions is a critical success factor in all aspects of business, but none as much as in Life Sciences. The webpage and company chosen to research cultural diversity in life sciences is Bayer.com. According to Bayer’s website, Bayer is a global company operating in almost all markets in the world for a little over 150 years. For a company with such a long history of over 150 years and operating in 120 countries with a little over 100 thousand employees, the question is how culturally
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Futbol is the most popular international sport in the entire world but has yet to spread its wings in the United States. Our business is founded on offering a one-stop shopping experience that is ideal for every individual, family, and community looking to immerse themselves in the sporting experience. Family Futbol is a sporting goods and apparel store that caters to the family that is passionate about the sport and dedicated to representing their favorite teams both on and off the field. People
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entities decide to merge together with their competitors in the global market and operate as one new corporation or business entity. In this paper we shall examine T-Mobile and MetroPCS Company who merged in 2012 with their new headquarters in Bellevue. One of the reasons that lead to merging together of the two companies was the need of maximizing shareholders wealth or profits. In this respect, by merging together as one corporation T-Mobile and MetroPCS estimated that they will automatically reduce
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function of estoppel in a contract of agency. (10 marks) 5 In relation to company law: (a) State the restrictions that are placed upon the right of a promoter to select a name for a company. (6 marks) (b) State the restrictions that are placed upon the right of a company to change or alter its articles. (4 marks) (10 marks) 6 In relation to company law, explain the duties and responsibilities of a director to the company. (10 marks) 7 In relation to insolvency: (a) Define the concept of insolvency
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veil is to prevent companies from using the guise of corporate personality to commit illegal and fraudulent and illegal acts. It can perhaps be said that the catalyst of the birth of this concept came about in Solomon v Solomon & Co. Ltd, wherein the concept of the company’s separate legal personality was upheld. The decision came in for severe criticism from some quarters. Otto Kahn Freund called the decision ‘calamitous’ and also proposed the abolition of private companies. There have been times
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