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Personal Liability Assignment | Homework For You

Author:
November 20th, 2019

Jamie and Paul are the directors of a small Company, Madyou Pty Ltd, which runs a small business videoing wedding and birthday celebrations.

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Paul’s friend Irene often lines up contracts for the business, oversees the books and gives general day to day advice about which jobs to do and what price to charge.In November, due to some stiff competition from a new business called Tarantino Pics Pty Ltd, Madyou starts to experience financial troubles.  The rent on the office is overdue by 6. Advise Jamie and Paul on their personal liability for the outstanding debts.  Is there anyone else who might be personally liable? Get Business Law homework help today

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