Assigment Law

This is one of our Company Laws assignment given by our lecturer in our senior year, during the tutorial classes. Just to divvy up our answers. Question Pearl, Jade & Diamond decided to form a modified ships fellowship. The company will be involved in the merriment business providing models and dancers for the industry. In the meantime, they entered into a contr deed of employment with Tyra. Tyra is to act as their event manager. The terms of the contract states that Tyra will be paid RM10,000 a month and will continue to black market with the company once the company has been formed, for a period of cardinal years. Three months later, a company known as CayoteUgly Bhd ( bloke) was formed. CUBs MOA expressly states that the business of the company is to provide function for fashion and dance shows, promotional campaigns and product launches, talent cast of characters and paperdoll shows. In their first Board of Directors (BOD) meeting, CUB decided to extend their sh atomic number 18s to the public. In the same meeting, the directors have decided to terminate Tyras employment prematurely. Giselle subscribes 30,000 units of shares of CUB. Six months later, the BOD have decided that the company should venture into new businesses. The businesses that they have in mind are manufacturing and selling beauty products and liquor.

For this purposes, CUB entered into a contract to acquire three pieces of land, to be developed into factories, from Slippery WhenWet Sdn Bhd. (SWW). The contract was entered into on the 1st February 2004. Under the contract, SWW is to transfer the land to CUB on the 31st of March 2005 and CUB is to pay the purchase set (RM900,000) upon completion of the transfer. On the 1st of January 2005, Gisselle found out about(predicate) the contract between CUB and SWW and she is extremely unhappy with the companys expansion plan as she is a Muslim and doesnt want to be associated with a company that reconcile and sells liquor. Based on the above facts, decide: a)whether Tyra would be... If you want to stick out a full essay, order it on our website: Ordercustompaper.com

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