Australian corporate law qustion
To consider:
(i) The extent to which the answer demonstrates knowledge and understanding of relevant topics of partnership law and company law, including having references to relevant sections of the Partnership Act 1891 (South Australia), the Corporations Act 2001 (Cth) and applicable case law.
Discuss the advantages and disadvantages of conducting a business using the business structures of a partnership and a corporation. As part of your answer, give examples of where using one of these structures would be preferable to the other structure. Explain using relevant sections of legislation and relevant case law.