LAW OF BUSINESS ASSOCIATION LAW OF BUSINESS ASSOCIATION [Pick the date] Question 1 Issue The key issue is to highlight If in the light of the applicable clauses of Corporations Act 2001 (Cth), there is a binding contract between the company (i.e. Relevant Rule A company in accordance with s.124(1) is a separate legal entity and hence capable of enacting contract. With regards to contracts enacted without the common seal use, the relevant rule applicable would be s. One of the