Law

December 23, 2019

Law

Law MakerMan Manufacturing creates heavy-duty hand tools. It produces a new collapsible hammer called the SmackN’Stash. One of the first purchasers of the hammer, Rob, is using it at a construction site when the hammer’s head flies off and injures his coworker Cliff. How does the concept of strict liability […]

December 23, 2019

Business Law

Business Law Jake and Kate are two members of an LLC with 15 members. This is a member-managed LLC with three of the members identified as the managers. Kate is one of these managers, though Jake is not. In reality, Jake and Kate together do most of the management for […]

December 23, 2019

Constitutional Principles

Constitutional Principles 1. (p. 93) The U.S. Constitution establishes a system of government based on the principle of federalism. 2. (p. 93) Congress has the power to enact legislation, but the president can veto a law that Congress passes. 3. (p. 94) The U.S. Constitution explicitly allows courts to review […]

December 23, 2019

Australian Taxation law ( Deduction)

Australian Taxation law ( Deduction) Introduction • Specific deductions arise when a specific provision in the income tax legislation provides the taxpayer with a deduction. • A loss or outgoing (ie, an expense) may: – Be deductible under s 8-1 and a specific provision. In these cases, use the “most […]