題目
材料全屏

Ham, Sam and Tam formed a partnership to run a petrol station. The partnership agreement expressly stated?that the partnership business was to be limited exclusively to the sale of petrol.

?In January 20X8 Sam received ￡10,000 from the partnership's bank drawn on its overdraft facility. He told?the bank that the money was to finance a short-term partnership debt but in fact he used the money to pay?for a round-the-world cruise. In February 20X8 Tam entered into a ￡15,000 contract on behalf of the?partnership to buy a stock of bicycles, which he hoped to sell from the garage forecourt. In March 20X8 the?partnership's bank refused to honour its cheque for the payment of its monthly petrol account, on the basis?that there were no funds in its account and it had reached its overdraft facility.?

29

【論述題】

Explain the liability of the partners for the bank overdraft?

掃碼查看暗號，即可獲得解鎖答案！

點擊獲取答案
考點：Chapter11Partnerships

Sam has taken money from the firm's bank account to use for a personal holiday. However, as a partner,?and in the absence of any specific mention to the contrary in the agreement, he has authority to withdraw?money from the bank account. His action has therefore incurred a debt to a third party that is owed by all?three partners, not just himself, and if he cannot repay the money to the bank, the bank is entitled to sue the?other partners for the balance.?

多做幾道

材料全屏

Vlad generates a substantial income from illegal tax evasion and sought advice from Gloria (his personal accountant) on how to dispose of his illegal earnings. Gloria suggested that to disguise the source of the funds, Vlad should purchase a chain of restaurants and pass his gains from the illegal operation through the restaurants' accounts. Vlad agreed with Gloria’s proposal and appointed her as the restaurant chain’s finance director and together they passed the illegal money through the operation.

25

【論述題】

State the offence of money laundering.

State whether Gloria has any liability for money laundering.

State whether Vlad has any liability for money laundering.

材料全屏

In January the board of directors of Huge plc decided to make a takeover bid for Large plc. After the decision?was taken, but before it is announced, the following chain of events occurs:?

(1) Slye, a director of Huge plc, buys shares in Large plc?

(2) Slye tells his friend Mate about the likelihood of the takeover and Mate buys shares in Large plc?

(3) At a dinner party Slye, without actually telling him about the takeover proposal, advises his brother?Tim to buy shares in Large plc and Tim does so?

28

【論述題】

?State whether Slye committed insider dealing when he bought shares in Large plc?

?State whether Mate has any liability for insider dealing?

最新試題

該科目易錯題

該題目相似題