Luca asks you which type of business structure would be best for his situation: Company law, Assignment, MU

LEGAL PROBLEM-SOLVING QUESTION:

Luca Harris, a rising entrepreneur in Melbourne’s tech scene, has developed cutting-edge software that leverages AI to optimize logistics and reduce carbon emissions in transportation networks. His software, called EcoTrack, has shown promising results in early trials, especially for small and medium-sized enterprises. Luca is confident that with further development and testing, EcoTrack could become a leader in sustainable logistics technology.

To move from a prototype to a full-scale market-ready product, Luca needs substantial capital. He’s considering several options, including securing a business loan from a major financial institution or seeking venture capital investment. Recently, during a conversation with an old university friend, Jade Rivers, now a successful startup advisor, Jade suggested that Luca should think about setting up a public company but warned him about the pitfalls of early-stage public offerings. Jade also recommended that Luca consider using a unit trust to protect family assets.

Luca’s cousin, Elena Harris, is a computer engineer currently working in Silicon Valley. Elena has been a valuable resource in testing and refining the EcoTrack software during her spare time. Luca sees this business as not only his retirement plan but also a long-term financial legacy for Elena and his younger brother, Max, who is studying computer science in Melbourne. Luca hopes to keep the company family-owned initially, with the option to bring in external investors when necessary.

Luca is currently unsure which business structure will best serve his goals, considering his desire for flexibility, control, and potential future growth. He is evaluating multiple structures, including sole trading, partnerships, trusts, and companies, while considering how best to protect family assets and manage future investor relationships.

Meanwhile, Elena recently signed a contract on Luca’s behalf with Adam Kerr, the CEO of TransportLink Pty Ltd, a logistics firm interested in using EcoTrack to improve its operations. The agreement provides for an 18-month pilot, with a substantial fee payable quarterly. Luca, however, is now concerned because he’s been approached by ClimateSystems Ltd, another firm offering a potentially more lucrative deal, though this new contract could come with stricter obligations and longer commitments, including an obligation to not be bound under other similar agreements – known as a non-compete clause. Luca is unsure how to proceed given that the TransportLink contract was signed before any formal business structure was created.

Hire a Professional Essay & Assignment Writer for completing your Academic Assessments

Native Singapore Writers Team

100% Plagiarism-Free Essay
Highest Satisfaction Rate
Free Revision
On-Time Delivery

QUESTIONS:

Q1.

Luca asks you which type of business structure would be best for his situation. Compare and contrast trusts, sole traders, partnerships, private and public business structures, and suggest which would be most suitable for Luca’s commercial goals. You must also explain to Luca how to set up his new business, including relevant steps, documents, and processes. Consider whether a trust structure would give Luca additional flexibility in managing his business and family assets.

Q2.

Luca is also concerned about the contract with TransportLink Pty Ltd, given it was negotiated and signed by Elena before any business had been formally created. Advise Luca regarding the best way to ensure that the contract remains enforceable once his business is set up. Consider how this could affect his potential deal with ClimateSystems Ltd.

Stuck with a lot of homework assignments and feeling stressed ?
Take professional academic assistance & Get 100% Plagiarism free papers

The post Luca asks you which type of business structure would be best for his situation: Company law, Assignment, MU appeared first on Singapore Assignment Help.

Essay Writing Service | Write My Essay Service by EssayLink
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

Get Professional Essay Writing Service @25% OFF

X
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
? Hi, how can I help?