1. Arthur and Tony are the sole shareholders of Limpopo Ltd. They both have 50% of...
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1. Arthur and Tony are the sole shareholders of Limpopo Ltd. They both have 50% of the shares. a) b) d) Tony wants his daughter, Chloe, to join the business, and suggests that he and Arthur each sell Chloe some of their shares. Advise Arthur as to whether there would be a disadvantage to him selling Chloe some of his shares. The Articles of Association of Limpopo Ltd. say that Tony is to be a director of the company for life. Explain whether the provision will be enforceable. Arthur has failed to renew the Company insurance policy, breaching the Employers' Liability (Compulsory Insurance) Act 1969. Consider whether the company would be guilty of a crime, and whether an employee who was injured at work could claim compensation from Arthur. Tony is the director responsible for Health and Safety in the company. He is injured when equipment which was not serviced collapsed on him. Advise Tony whether he will be able to claim compensation from the company. 1. Arthur and Tony are the sole shareholders of Limpopo Ltd. They both have 50% of the shares. a) b) d) Tony wants his daughter, Chloe, to join the business, and suggests that he and Arthur each sell Chloe some of their shares. Advise Arthur as to whether there would be a disadvantage to him selling Chloe some of his shares. The Articles of Association of Limpopo Ltd. say that Tony is to be a director of the company for life. Explain whether the provision will be enforceable. Arthur has failed to renew the Company insurance policy, breaching the Employers' Liability (Compulsory Insurance) Act 1969. Consider whether the company would be guilty of a crime, and whether an employee who was injured at work could claim compensation from Arthur. Tony is the director responsible for Health and Safety in the company. He is injured when equipment which was not serviced collapsed on him. Advise Tony whether he will be able to claim compensation from the company.
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Related Book For
Managerial economics
ISBN: 978-1118041581
7th edition
Authors: william f. samuelson stephen g. marks
Posted Date:
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