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LAWS20059 - Business Law Report

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Central Queensland University

   

Corporations and Business Structures (LAWS20059)

   

Added on  2020-03-02

About This Document

The below document discusses various cases related to Business law. The various cases which have been discussed in this report are  Consultative Report for Mr. Jason Brown on the issue of Business Structure and Report on Business Structure Suitable for Client.

LAWS20059 - Business Law Report

   

Central Queensland University

   

Corporations and Business Structures (LAWS20059)

   Added on 2020-03-02

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PAGE \*Running head: Business LawBusiness LawName of the StudentName of the UniversityAuthor Note:
LAWS20059 - Business Law Report_1
Business LawTable of ContentsPart I Business Structures3Part II: Report on Business Structure Suitable for Client5Sole Trader as advisable Business Structure to Start5Advantages of a Sole Trader5Disadvantages of a Sole Trader6Corporation as the Eventual Business Structure7Advantages of a Corporation7Disadvantages of a Corporation8
LAWS20059 - Business Law Report_2
Business LawTo,(i) Mr. _________________, ________________________,Subject: Consultative Report for Mr. Jason Brown on the issue of Business StructurePart I Business StructuresThere are generally four options which are available for startups that are looking toestablish in the business of software development. These are:Sole TradeCorporationTrust;PartnershipUnderstanding from the circumstances that Mr. Jason Brown is not interested in businessstructure of a Trust, so we will not be discussing the same as an option. The business structurethat is best for the Mr. Jason Brown (hereinafter referred to as the “Client”) depends on hispersonal circumstances and the first step is to understand that. The start-ups in the area that theClient wishes to venture engage in various rounds of raising capital with varied number ofinvestors. Each round will involve typically its own conditions and terms with a shareholdingagreement which will be overriding and binding these terms. This business structure would bethat of corporation. The terms would include typically the share types which the business hasissued; the entity that the shareholder owns the shares of; clause of right of first refusal;preference right and anti-dilution. It will be complex with their being a legally bindingagreement to change the business structure without having any affect on the shareholders rights.
LAWS20059 - Business Law Report_3

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