Posted: October 19th, 2016

ou and Ben decide to attend Comic Con to promote �Enterprise Cafe�. You have purchased a stand for your displays, and both you and Ben are manning it wearing your favourite Star Trek uniforms.

When preparing your assignment, you must use the �Case Study Template� located under the Assessment Tab link. This Template includes a cover sheet and a feedback sheet. If you do not use this Template, your marker will not be able to complete your feedback sheet for you. You must submit your assignment via learnonline. No other form of submission will be accepted. Please see the Course Outline for more assessment information. Question 1 is weighted at 20% **The IRAC method is not required for Q1 Question 2 and 3 are weighted equally. **You must use the IRAC problem­solving method to answer Q2 and Q3 (see James, pp 143­148 for guidance). STAR TREK THEMED CAF� QUESTION 1 You and three friends (Adam, Ben and Charlie) have decided to open a Star Trek themed cafe. It will be named �Enterprise Caf�.� You have all decided it will be a company that is limited by shares (a proprietary limited company). Only Adam and you will be directors, but all four of you will hold equal shares in the company. Explain the steps to do the following: A. Register as a Pty Ltd company with ASIC. B. Register the business name. QUESTION 2 You and Ben decide to attend Comic Con to promote �Enterprise Cafe�. You have purchased a stand for your displays, and both you and Ben are manning it wearing your favourite Star Trek uniforms. On the back you have had printed �Enterprise Cafe� and the location of the cafe. Both of you have been purchasing different merchandise for the caf�. You purchased Star Trek themed dishes for $250.00. Ben purchased Star Trek cutlery for $150.00. Eddie is a fanatical Star Trek fan and makes Star Trek replicas of the spaceship Enterprise. He has the display stand next to you, and you and Ben have been interacting with him during the first two days of Comic Con. You have both talked to him in detail about �Enterprise Caf�� and the plans you have for the caf�. On Day 3 of Comic Con you are unable to attend and Ben looks after the stand on his own. Eddie says to Ben, �I have a great business deal for you. I know you have been buying things for your caf�. You can buy one of my replica space ship Enterprises for the caf� for $5,000, a saving of $2,000.� Ben loves the idea of having a replica Enterprise and agrees that �Enterprise Pty Ltd� will purchase a replica. Ben and Eddie sign an agreement for $5,000 to be paid when Eddie delivers the Enterprise to �Enterprise Caf�� the next weekend. Under Ben�s signature are the words �Director