Law Assignment
Description
You must properly analyze each question before commencing your answer. Restrict your answer to what is relevant and most important. The marks allocated to a question will influence how much of your knowledge of a topic you should treat as relevant.
In order to obtain the funds necessary to expand its business Growth Ltd is to make a $12M share issue.
Advise the directors of Growth Ltd over the following matters. Hint: The best practice questions to use from workshops come from workshop 5.
I. Can the funds be raised without a prospectus?
II. If a prospectus is prepared, will the directors be safe from prosecution if they provide to investors in everything they know that is relevant about the investment?
III. If the company issues a prospectus and the directors then become aware that there is a false and misleading statement in it, what alternatives are available to them under the CA?
IV. Does the CA provide any protection for directors where funds are raised under a prospectus that contains a misleading statement?
Format your assignment according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.