The Corporation Act of 2001 considered in the 6th case of corporation law assignment governs the annual general or shareholder meeting of any company under part 2G (2-4).

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The analysis done in the second part of corporation law assignment signifies that Mr. Yutaka had no authority to sign the contract alone. Intokupyt ltd is legally not obligated to pay for the boat. Solely Mr. Yutaka is liable as the company is a limited company.

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After going through all the business structure of the first case of corporation law assignment, it can be stated that the partnership business can be suitable for them as this type of business generally opens with the family or friend.

Tags: HA3021 CORPORATION LAW CRITICAL ANALYSIS LAW BUSINESS LAW AUSTRALIA