Business and Corporate Law Report: Case Studies and Legal Analysis

This report provides an in-depth analysis of business and corporate law, focusing on contract and corporation law. Part A delves into a case scenario involving contract law, examining issues of misrepresentation and breach of contract, and applying relevant legal rules to determine the Australian Museum of Antiquities' rights. Part B explores corporation law, analyzing a case where a group of friends planned to start a business but failed to incorporate, addressing issues of promoter liability and pre-incorporated contracts. The report utilizes the IRAC (Issue, Rule, Application, Conclusion) method to analyze the cases and provide legal conclusions, referencing relevant legal principles and case law, such as Carlill v Carbolic Smoke Ball Co and Salomon v. Salomon Ltd. The report concludes by summarizing the key findings and legal implications of both case studies.