Question: pls help me to answer. Law in Australia only chapter 6 Thomas has decided he will register a company ABC Pty Ltd and offer company
pls help me to answer. Law in Australia only
chapter 6
Thomas has decided he will register a company ABC Pty Ltd and offer company secretarial services. Before he is ready to register the company he searches for a suitable office and finds a perfect location.Thomas signs on behalf of the proposed company, a 2 year lease on the office and a 2 year rental agreement with a telephone company.
Before ABC Ltd is registered, Thomas gets offered an attractive sum of money to assign the office lease over to another party.Thomas takes the money and transfers the lease.
ABC Ltd is finally registered and at the first directors' meeting the ratification of Thomas telephone agreement is considered.The directors opt for another telephone system that they consider better suited to the company's needs.
REQUIRED:
(a)Discuss whether Thomas breached any obligations by transferring the office lease.
(2 marks)
(b)Will the telephone company have any right of action against Thomas?
(2 marks)
pls write maximum of half page
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