Issue 1: Can Bob double his catch of scallops by forming a company?I: Issue
The key issue in this case relates to the possibility of doubling the catch by forming a new company.
R: Rule
In Australia, business can run in different ways, which includes trust, partnership, company and a sole proprietorship. Amongst all these forms, a company form of structure remains as the most preferred one, due to its features. A company is a separate legal