obtain all the INFORMATION, CASES and SOURCES based on Australian law and also put the reliable and valid references list!
ASSESSMENT TASK 1: DESCRIPTION
Q1
(a) A general partner faces many challenges in the pursuit of his business. Unlimited liability and joint liability are two such challenges. Discuss methods by which a person can avoid personal liability in business that he owns. (15 marks)
(b) Both general partners and directors of companies are agents. The law thus imposes fiduciary duties upon them.
Discuss this statement with case examples. (15 marks)
Please read carefully! Please obtain all the INFORMATION, CASES and SOURCES based on Australian law and also put the reliable and valid references list!
ASSESSMENT TASK 1: DESCRIPTION
Q1
(a) A general partner faces many challenges in the pursuit of his business. Unlimited liability and joint liability are two such challenges. Discuss methods by which a person can avoid personal liability in business that he owns. (15 marks)
(b) Both general partners and directors of companies are agents. The law thus imposes fiduciary duties upon them.
Discuss this statement with case examples. (15 marks)
