26 Jun EXPLAIN THE ROLE, FUNCTIONS AND POWERS OF THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION.
Assessment Item 2 30%
Complete both parts, Part A and Part B
In both essays use cases, statutes and other resources covered in the course where appropriate to support the analysis.
Part A 20 % 1500 words
ESSAY
Part A(1500 words)
Complete both questions (a) and (b).
a) Explain the role, functions and powers of the Australian Securities and Investments Commission. (15%)
b) Why did ASIC commence legal proceedings seeking civil remedies from the courts in ASIC v Vizard (2005) 23 ACLC 1309? (5%)
Part B (500words)
ESSAY
The text describes the ‘corporate veil’ as “…a theoretical screen which descends on the company when it is incorporated and, ordinarily, prevents outsiders from peeping in to see who is in charge or control of the company.” (Text page 175)
“However the courts are prepared to disregard the corporate veil in special and limited circumstances.” (Text page 177)
Explain why the courts in these two cases lifted the corporate veil:
Gilford Motor Co. Ltd v Horne [1933] 1 Ch 935 Court of Appeal (UK) and
Jones v Lipman [1962] 1 All ER 442 Chancery Division (UK). (10%)
ESSAY
The text describes the ‘corporate veil’ as “…a theoretical screen which descends on the company when it is incorporated and, ordinarily, prevents outsiders from peeping in to see who is in charge or control of the company.” (Text page 175)
“However the courts are prepared to disregard the corporate veil in special and limited circumstances.” (Text page 177)
Explain why the courts in these two cases lifted the corporate veil:
Gilford Motor Co. Ltd v Horne [1933] 1 Ch 935 Court of Appeal (UK) and
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.