Business Law for Educational Administration

As observed in the given scenario, Jim and Steve were regarded to be the directors and shareholders of XYZ Pty Ltd. They have their own shares in this corporate trustee. Jim had engaged $3000 in a consulting firm named ABC Pty Ltd since it will help the business to grow. The issue that arose was that the moment Jim engaged himself into the business XYZ Pyt Ltd became insolvent. The individual who will be liable to ABC Pty Ltd for the $3000 consultancy fees is all the shareholders and directors of the pany. However, there was no contract formed between Jim and Leon from the ABC Pty Ltd. Jim realized that if he invests that amount in this consultancy firm then, his trustee firm would be able to stand or make a position in the market. Therefore, Jim without consulting the members of the pany invested the amount. It can be stated that Jim along with other shareholders and directors will be liable to ABC Pyt Ltd. According to the pany Law, the directors and shareholders of the pany will be liable if one of the directors is at fault. A pany is an artificial person and therefore it cannot be sued or be liable for the activities of the pany[1]. A shareholder of a pany is said to be limited by shares that has limited liability. However, the shareholders are said to be limited to the nominal value of its shares. The pany has a separate legal personality as pared to t he shareholders and a separate liability to the individuals associated with the pany. It can be analyzed that if a pany b es insolvent based on the director’s fault then, that particular director and other existing shareholders will be liable for it. A shareholder is said to be not that interested in the pany but since Jim was one of the directors of the pany he will be liable for such an occurrence[2]. Such a situation has been observed in the case of . Shlensky v Wrigley. However, the beneficiaries of the fixed family trust were their two adult children Mathew and Jenna. Anyhow, the XYZ Pyt Ltd was struggling to find a foothold in the market that Jim engaged $3000 to the consultancy firm of ABC Pyt Ltd. Jim was confident about his investment in the ABC Pyt Ltd. As per the panies Act, the directors of a pany are exposed to the liabilities as a consequence of a breach of their duties. Liabilities generally arise under various statutes but in this scenario, it arose under the pany Law. Lastly, it can be concluded stating that Jim and Steve will be held liable to ABC Pyt Ltd for the consultancy fees of $3000. In this given case, Cheryl and Beryl were business partners and had started a business called CB Investments. Both of them made a partnership deed with the help of a lawyer. Both of them buys a mercial plot of land from Arnold. Beryl also bought a residential block from Arnold that Cheryl was unaware about[3]. The mercial land bought by them was later sold and they earned a huge amount of profits. After twelve months or after a year, Cheryl found out that Beryl had purchased the residential block to make a lucrative investment. Cheryl and Beryl were partners and started a business of investment together. Therefore, they can exercise the rights of partners on each other and as well as on their purchases. In Australia, as per the Limitations and Partnership Act, a partner cannot sue the other partner based on an incident that happened a year ago[4]. The limitation of the time-period for suing the partner is less than twelve months. Being partners, they have equal rights and must have equal knowledge of the activities taking place in the business. If Cheryl had knowledge about this incident before the period of twelve months, she could have sued Beryl for keeping secrets from the other partner[5]. The profit earned on the residential property of $300,000 was also not informed to Cheryl. It was the duty of Beryl to inform Cheryl about the extra profit earned on the residential block. However, as per the Law, the partners will be entitled to receive the same amount of profits and should know about what the other partner is upto. Instead of suing Beryl, Cheryl can ask for her share from the $300.000 that was earned from the residential block[6]. Beryl will be liable for keeping secrets from Cheryl. According to law, an incorporated limited partnership where a limited partner is involved   will be liable only for a liability that has been acquired by the partnership. However, in certain circumstances, the limited partner will be held liable if the manner of the acts occur within the same State. A voluntary partnership can wind up if the agreement formed does not exist. As seen in the case of Griffiths CJ in Land v James Morrison & Co Ltd, one of the partners failed to sue the other partner because the duration was not less than twelve months. The CB Investments was a business set up by both Cheryl and Beryl in Queensland. The partnership deed should be a well documented one so that Cheryl can claim for her shares but since the limited period was twelve months and she found out about it a y ear later it will not make any difference[7]. However, Cheryl will be advised to sue Beryl for keeping secrets from her during the course of their partnership but will fail to do so because of the limited period. Lastly, it can be concluded stating that according to law, a partner can sue the other partner during their course of partnership based on the limitation period time. It can be observed it is important to discuss and disclose the activities of the partners during the course of partnership. Suing each other depends on the period of limitation[8]. Chen, Vivien, Ian Ramsay, and Michelle Welsh. "Corporate law reform in Australia: An analysis of the influence of ownership structures and corporate failure." (2016). De Silva Lokuwaduge, Chitra, and Anona Armstrong. ‘The impact of governance on the performance of the higher education sector in Australia.’  Educational Management Administration & Leadership  43.5 (2015): 811-827. Du Plessis, Jean Jacques, and Andreas Rà ¼hmkorf. ‘New trends regarding sustainability and integrated reporting for panies: what protection do directors have?.’ (2015). Lyons, Malcolm, and Amanda Stark. "Enhanced scope for extension of patent term for pharmaceuticals under Australian law."  Pharmaceutical patent analyst  4.5 (2015): 351-355. Mà ©ndez, Carlos Fernà ¡ndez, Shams Pathan, and Rubà ©n Arrondo Garcà ­a. ‘Monitoring capabilities of busy and overlap directors: Evidence from Australia.’  Pacific-Basin Finance Journal  35 (2015): 444-469. Murray, Philomena. "EU–Australia relations: a strategic partnership in all but name?."  Cambridge Review of International Affairs  29.1 (2016): 171-191. Voon, Tania SL, and Andrew D. Mitchell. "The Trans-Pacific Partnership as a Development of the Australia-United States Free Trade Agreement: Services Liberalization and Investment Protection." (2016). Warner, Michael, and Rory Sullivan. "Introduction."  Putting Partnerships to Work. Routledge, 2017. 12-23.

User Models and Models of Human Performance Essay

User Models and Models of Human Performance - Essay Example There are seven steps that are involved in developing a critical path model (Stanton 2007). The first is defining the tasks. In a situation where a driver is driving a car on the road and his mobile phone rings, the river will perform the following tasks: The second step identifies the input and output sensory modalities used in the tasks. For example, in retrieving the mobile, the driver will use his left or right hand, making the task step manual. Pressing buttons is also manual and can either be done by the right or the left thumb. Talking on the phone constitutes speech modality whereas listening requires auditory. Reading the screen requires visual modality and responding can involve cognitive modality. Step 3 of the approach requires construction of a chart, where dependency of the tasks is assessed (Sikora & Hattan 2009). The tasks need to be followed in a specific order, one after the other, and two tasks having the same modality need to be performed in series. Step 4 involves assigning the task time and these estimates should be accurate, unbiased and consistent (Thornley 2003). For example, retrieving the mobile can take five, six seconds on average, whereas talking can take long, depending on the duration of the conversati on. Pressing the buttons can take up to half a second each, whereas reading and looking at the screen can consume two to three seconds each. Then forward pass time needs to be calculated by adding up the individual times of each task, and, assuming a one minute long conversation, it becomes 73 seconds. Then backward pass is calculated. The last step is the calculation of the critical path, which is done by identifying the nodes which have zero difference between Earliest Start Time and Latest Finish Time. The model will provide a comprehensive procedure to make adjustments for variations in user performances. The arrangement of elements can be evaluated by a cognitive model and the design can be adjusted to outcomes of the

The history of Canadian hockey Essay Example | Topics and Well Written Essays - 1250 words

The history of Canadian hockey - Essay Example Historians have argued for the past 2 centuries about the origins of hockey. It is generally agreed that hockey was an evolution of the game hurley that had been adapted to playing on ice. The name hockey is believed to have come from the French word "hoquet" meaning shepard's stick ("Origins and Roots"). While British historians have tried to lay claim to the game, Canadian experts flatly disagree. British historian Ian Gordon wrote in 1937 that the game of hockey was first played at Windsor Castle in 1853 by members of the Royal Family (qtd. in McFarlane 1). Still others place the origin in Europe as early as the 16th century. A painting titled "Hunters in the Snow" by Pietr Bruegel from 1565 depicts skaters carrying sticks that resemble modern hockey sticks. One of the figures is about to strike a small round object ("The Origins of Hockey"). Canadian researchers however are quick to point out that the painting does not show the skates required to be called hockey. Researchers can also date Canadian hockey earlier than the 1853 date cited by Gordon. . Hockey historian Howard Dill places the birthplace of hockey at Long Pond in Windsor, Nova Scotia in 1810 (McFarlane 1). This is supported by Dr. Sandy Young's book, Beyond Heroes: A Sport History of Nova Scotia. Dr. Young refers to a quote by Thomas Chandler Halliburton who graduated from Kings-Edgehill School in Windsor in 1810. He recounts playing "[...] hurley on the long pond on the ice" (qtd. in McFarlane 2). Another anonymous student wrote of his experience at the same school and says they "used to skate in winter on moonlit nights [...] his front teeth knocked out with a hurley" (qtd. in McFarlane 2). The first documented and verified incidents of hockey seem to have been played at the beginning of the 1800s in Nova Scotia. Wherever it was originally played, it probably evolved in several places over a period of years and was spread by immigrants and migrant workers. However, there is little debate about modern hockey. The first rules to hockey were laid down in 1879 by a group of Students at McGill in Montreal (McFarlane 2). This laid the foundation for organized college games and set the stage for the future of professional hockey. The National Hockey League (NHL) was formed in Canada in 1917 (McFarlane 15). Leagues such as the Western Coast Hockey League and the Western Canada Hockey League came into existence and passed as suddenly as they came. By the end of the 1920s, six man hockey had been standardized, the forward pass was allowed in all zones, and the Stanley Cup became the exclusive right of the NHL (McFarlane 15). Hockey continued to expand during the 1930s through the 1960s attracting fans all across North America. Dominated by the Canadian teams of Montreal and the Toronto Maple Leaves, it was also successful in northern American cities such as Detroit, Boston, and Chicago. World War II impacted hockey as it did other major league sports. Transportation became a problem and many players were drafted or enlisted in the armed services. However, by 1970 professional hockey was seeing major expansion by the addition of teams all over North America. The league had operated as a six-team unit for 50 years, but had added 10 teams to their ranks in the years 1967-1972 (McFarlane 117). Teams in southern cities such as Atlanta and Los Angeles were taking advantage of hockey's