LAWS20029 - CORPORATE LAW TERM three 2014 – ASSIGNMENT Marks: 30% of theoverallassessmentfor thecourse Submission: Onlinevia Moodle Format: One file in .docor .docx (MSWord) format. Submissions in anyother file format(e.g. .zip) willbe handled asa non-submission. Due date: 11.45pm, 11 December 2014 (Week 6) Phrase restrict: Phrase limits are set out for every query (The marker willstop readingafter the limitis reached). Extensions coverage: The college coverage on extensions of time will probably be strictly enforced. Extensions of time will solely be thought-about if made through the web system and normally should be based mostly on medical or compassionate grounds. Any extension utility needs to be made earlier than the time restrict for the submission has handed. Medical circumstances should be supported by a medical certificates, and since college students are anticipated to start out the task early, short-term or last-minute circumstances will not be an computerized floor for an extension. Professionals are anticipated to organise and handle their time to satisfy their obligations, so work or private commitments are normally inadequate grounds for an extension. Plagiarism: The university’s plagiarism coverage may also be strictly enforced (and previously, plagiarism incident stories have been issued on this course). If plagiarism is discovered, a possible outcome will be zero marks. THE ASSIGNMENT DETAIL IS ON THE NEXT PAGE Information: Joe is a taxi driver. He reaches an settlement with Ann, who owns a taxi, on these phrases:- • At occasions to be agreed, Joe can choose up the taxi from Ann, who will ship it with a tank stuffed with gas, in a clear situation and in correct restore. • Joe can then drive the taxi for profit-making functions for a most 12-hour shift, charging customary taxi charges, and utilizing the radio system which Ann pays for at her personal expense. • Through the shift, Joe will probably be entitled to purchase petrol for the taxi out of the takings from the taxi fares. • Joe should return the taxi to Ann no later than the 12-hour restrict, in a clear situation and with the gas tank full. • The steadiness of Joe’s takings (after gas prices) will probably be shared between Joe and Ann 50/50. • Ann will probably be accountable to pay for all different bills of working the taxi, together with taxi licence renewals, repairs and upkeep, insurances, and so on. Query 1 (15 marks - most 1000 phrases) Present a authorized argument for why that is NOT a partnership beneath the Partnership Act 1891 (Qld). Query 2 (10 marks - most 600 phrases) Apply the “three certainties” to display why this settlement does NOT create a belief. Presentation (5 marks) A mark between zero and 5 is accessible for the skilled qualities of your work. It consists of issues like: construction and formatting with constant headings, fonts and web page numbering; spell-checking; logical circulation of explanations; conciseness and relevance; normal readability. Your solutions should be expressed in your personal phrases. You'll not obtain marks for copying slabs of textual content with no try and summarise.