RECENT ASSIGNMENT

Good Evening,
Im aware that you are offering service in helping student's assignment.

I have my assignment and the questions are the same as those questions in your website. Therefore I assume that you have done it previously and would have the answers handy.

Here's the questions.

Question 1.

Simon is the majority shareholder and managing director of Slowgo Pty Ltd which operates a chain of discount stores. Slowgo has very few assets and is not in a position to pay its debts. One of its main creditors is owed $500,000. The assets of Slowgo are not enough to cover this debt. Explain using case law whether the creditors can sue Simon personally?

Question 2

Ace, Brenda, Chris and Deidre run a large shoe retailing business. They decide to incorporate because they want to get the benefit of limited liability. They also wish to raise capital through the sale of shares to the public. Analysis the different types of companies and then advise what type of company should they establish?

Is it possible that I get those answers and I'll paraphrase in my own words? Let me know the cost.

I really hope to hear from you soon as the deadline is tomorrow's evening.

thank you

Regards,

XXX