Question - You are the senior accountant working for an accounting practice. Your manager has asked you to run a training course for junior staff. She asks you to explain the meaning and purpose of the following. Where possible provide an example to assist staff.
The two issues she wants you to train the staff on are:
1. What is a pre-registration contract and how does it arise
2. What do you mean by constructive notice and where does it arise?
Required: Please explain the meaning, the purpose and where possible give an example of each.