Essay HA3021 – Corporations Law Case Study – Legal Principles to Real Case Situations – Law Assignment Help

Assignment Task

Purpose of the assessment (with ULO Mapping)

The purpose of the Individual Assignment is to provide students with an opportunity to demonstrate their level of learning of the various key concepts taught in the unit
and apply them in analysing and answering two case problems by citing the relevant legal rules and cases and applying these to the facts of the case. In this Individual
Assignment, students are required to:
-Reflect critically on the legislation and the relevant case law relating to the different business structures, in particular corporations and partnerships, and apply legal principles to real case situations. (ULO 2)
-Analyse the incorporation process and explain the laws and regulations that govern the different forms of legal entities including the significance of the concept of separate legal entity. (ULO 3)
-Analyse the roles and duties of directors in the management of the company and the and responsibilities of members in a company. (ULO 4).

Purpose:
The purpose of the Individual Assignment is to provide students with an opportunity to demonstrate their level of learning of the various key concepts taught in the unit and apply them in analysing and answering two case problems by citing the relevant legal rules and cases and applying these to the facts of the case.

Assignment Question

-There will be four (4) questions in total, which will be released progressively and must be answered according to the following schedule
o Questions 1 and 2: released at the end of Week 2. Answers must be submitted in the Answer Plan.
o Question 3: will be released at the end of Week 5. Answers to Questions 1, 2 and 3 must be submitted in the Assignment Draft.
o Question 4: will be released at the end of Week 7. Answers to Answers to Questions 1, 2, 3 and 4 must be submitted in the Final Assignment.

-Read Questions 1 and 2 below on Business Structures and plan your answers.
-Prepare an answer plan for your answer. Using your answer plan, you are then required to draft your answer and later finalise your answer.
-Follow the word counts specified for each individual component of the individual assignment.
-A minimum of 6 genuine and relevant Australian legal references are required for the Draft and Final Versions of the Individual Assignment. Examples of relevant references include the Corporations Act 2001 (Cth); the Australian and Securities and Investment Commission’s (ASIC) website (www.asic.gov.au), the website of the Australian Business Register’s (ABR) website (www.abr.gov.au).
-The full citations for all sources cited in your answer must be listed in a Reference list at the end of your answer.
-In addition, any online sources cited in your answer and listed in your Reference List must include a valid hyperlink that allows access to the full text of the source.

(1) What options does Russel have to structure the Pinnaclewear business? Name each business structure used in Australia that Russel can choose and then define
and describe the basic characteristics of this business structure.
(2) From the facts presented, identify the important issues that will arise as Russel chooses the best type/s of business structure/s and the factors that he will need to consider in choosing the right business structure for his business.