Company law problem questions

The company does not have a constitution. The directors of Melvin Ltd subsequently discover that a wholly-owned subsidiary of Bingo Ltd is selling identical electrical goods to competitors at cheaper Company law problem questions.

Guidance on how to answer problem-style questions

TLC however will face liability for the personal injuries of the claimants against RVL, as there is significant precedent in the case of tortuous liability for personal injury and unfortunately for TLC, the health and safety standards creating a duty of care between the claimants and RVL is likely to extend to TLC as the parent company.

Thus, one issue is whether the Club is a state agent as that doctrine has been developed in a long line of Supreme Court decisions beginning with Burton v.

Holwell Securities v Hughes - "notice in writing to Dr Hughes" was sufficient to require actual communication of an acceptance and thereby oust the operation of the postal rule.

A sample problem question: model answer (3)

In these scenarios each issue would need to be addressed. Courts employ a balancing test to determine whether a hearing should be held and the extent and formality of the hearing.

Business Law Questions & Answers by State

This approach by the court is subject to a number of exceptions contained in the Companies Act With regards to the potential liability for the negligent tortuous acts of the subsidiary companies, it is unlikely that Bradley or TLC will face liability for the BBH houses.

This question asks for the applicant to identify and analyse constitutional law issues arising out of the operation of a youth sports league with some affiliation to a local government. Fact identification and organisation is an important legal skill.

Section specifically applies to directors whose contracts are longer than two years in duration, a provision which is application in the current case and further provides that the agreement must be made available to the shareholders for inspection.

Therefore, in addition to removing Tony Leicester as director, he may well face liability for any damages caused in his alcohol-fuelled outbursts. The common law principles of lifting the veil echo the provision of remedies in the case of improper business purposes and indicate that there must be some element of improper conduct in order to do so.

Are you bound by the change in the constitution? Let the facts guide you in identification of the relevant legal issues I. It seems that with regards to the situation with Tony Leicester, they are able to remove him as a director and terminate his service contract.

The mandatory prayer before each game violates the Establishment Clause of the First Amendment, even if its purpose is to reduce violence as opposed to inculcating religion.

Outline answers to problem questions

A sample problem question: It appears that the subsidiary was incorporated to enable Bingo Ltd to avoid the effects of the contract with Melvin Ltd. Factors raised by these facts bear on whether the Club is a state agent are: The role of members in a company has become increasingly passive as company law has developed and to this extent, there is the opinion that the powers of members has resorted to rubber-stamping recommendations of the directors.

Conduct allegedly causing the deprivation of a constitutional right protected against infringement by a State must be fairly attributable to the State. In the case of Guildford Motor Co Ltd v Horne it was decided that the veil of incorporation can be lifted if a wholly owned subsidiary was set up by a company to avoid a legal obligation under contract.

Thereafter, the opinion will consider the liability of TLC for the actions of the insolvent subsidiary companies, Better Built Homes Ltd. As this provision is designed to prevent abuse by directors of the power in this capacity, the terms of Article 58 providing for indefinite employment for Tony Leicester by TLC does not preclude the requirement for approval by the shareholders.

Deal with one issue at a time Avoid "jumping around" between issues and mixing discussion on different issues. The application of this principle is equally important for protecting the members of a company in the advent of insolvency or liquidation. In particular, you should avoid beginning your answer with a general summary of the law of contract For example: Related Introduction The formation of a limited company and the management thereof is a complex set of legal principles contained in common law and statute.

For example, they may wish to know whether there is a binding contract and the consequences of this. In addition, insufficient factual information may have been given to make any firm conclusion.

In the case of Williams v Natural Life Health Foods, the House of Lords declined to pierce the corporate veil for a number of misstatements made by an employee to the claimant.

It is clear that the mere use of the County recreational facility does not per se render the Club a state agent. In order to attribute liability to TLC for the commercial tort in this case, the principles established in Adams would need to apply.

This however assumes that the elements of tort required to establish liability are established by the claimants in the case. The scope of what constitutes the company was originally interpreted as including the shareholders only, however in recent years this debate has been extended to the broader group of stakeholders, which may include customers, suppliers and any group which may have an interest in the company.

To be enforceable the agreement must be supported by consideration and there must be an intention to create legal relations How to be successful One important point at the start - do not treat a problem question as an invitation to write an abstract essay about the legal issues involved in the problem.

Company Law Exam Questions and Answers PDF

The Supreme Court applies a three-part test to determine whether a law violates the Establishment Clause:Guidance on writing answers to problem questions in contract law. General organisation Introduction and conclusion Use of facts Statements about the law.

IRAC Method to Answer Problem-style Questions - Free download as PDF File .pdf), Text File .txt) or read online for free. Scribd is the world's largest social reading and publishing site. Fred may be the sole director and run the company, but in the eyes if the law, Fred is separate to his company and he is NOT automatically responsible /5(21).

Use the following IRAC structure as a guide to answer case study questions When answering a Company Law problem it is useful to apply the IRAC structure so that you address all areas required.

We have Business Law Questions & Answers - Ask Lawyers for Free - Justia Ask a Lawyer. We have Business Law Questions & Answers - Ask Lawyers for Free - Justia Ask a Lawyer.

the current status of the shares is to simply contact the company and ask. Without seeing the stock papers, knowing the company's position on the.

A sample problem question: model answer (3) forestalls compulsion by law of the acceptance of any creed or the practice of any form of killarney10mile.comm of conscience and freedom to adhere to such religious organization or form of worship as the individual may Answering problem questions.

Planning and writing your answer; A sample. Introduction to Company Law and Forming a Company Reading week seminars are based on hypothetical company law problem scenarios that require adoption of an enquiry-based learning approach to study. You are required to come prepared to discuss pre- As these questions support the seminar preparation, it also aids time .

Company law problem questions
Rated 4/5 based on 27 review