Corporations Law - Week 6 Answer
As per the Corporation Act 2001, Director of the entities have certain duties to follow:-
Directors should follow due diligence
They should work in good faith and interest of the company
Company information should not be used for personal purpose, it should be for the interest of the company.
Should not misuse his position for his personal interest or gain
Disclose any interest on company
Rul…
Corporations Law - Question 1
The simplest of the structures is called as the sole trader according to the Australian Corporation Law. The main advantage is that owing to the only owner, there is complete control over the decisions made in the business. However, on the flipside all the debts as well as the tasks need to be performed by the sole trader only. The business is comparatively has very few reporting requirements as well as has a reas…
Modern Slavery Act 2018
Part A
It must be noticed that every individual has a right to live free from any form of slavery. However, it is an awful state of affairs that many others and children are being socially trapped in slavery. Modern slavery can be termed as harsh and severe exploitation of a group of people for personal or commercial profit. Mere serving the food, working in factories or working as a form of nanny, cooks or cleaners …
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