Description

Commercial Transactions

1. The Governor of Moto County has recently reshuffled his County Executive Committee (Cashnet) after realizing that his County is not making good progress in attracting new investments. This follows the receipt of a report whose finding, among others, concluded that the people of Moto desire to take greater control of the market opportunities rather than have their Country Government try its hands in business.

The report also identified the need for a better policy and regulatory environment for business and commercial transactions. In response, the Governor and his cabinet have decided to establish a business registration centre.

As the one LLM holder from the County in matters of finance law and tende of Commercial Law in Hong Kong University, you have been approached to offer our advice.

Proceed to advise the Governor on at least five forms of business organization thatc be registered to undertake business to the County.

For each of those you mention give their advantages and disadvantages and the kWd of documents they would use to seek registration.

(15 Marks)