Q 1. Characteristics of partnerships and proprietary company and the advantages and disadvantages.
Q 2. Advise Thomas whether he has any ground to enforce the Constitution of the company that employs him in the position of marketing manager.
Q 3. Advise Haili and John on whether Glittering Floor Pty Ltd is likely to succeed in preventing Haili and John from opening a flooring company.
Q 4. Advise Haili and John on whether they can cancel the contract with Asealia France Ltd.
A partnership requires minimum of 2 partner and can have maximum of 20 under S116 Corporations Act 2001. A proprietary company must have at least one director and a maximum of 50 non-employee members. A proprietary company can enjoy separate legal entity whereas partnership can’t. A separate legal entity meaning the
