BLO3405: Law Of Financial Institutions Assignment, VU, Malaysia Adrian is a chef from New Zealand and has recently moved to Melbourne He is keen to open up a Café in St Kilda
| University | Victoria University (VU) |
| Subject | BLO3405: Law Of Financial Institutions |
Adrian is a chef from New Zealand and has recently moved to Melbourne. He is keen to open up a Café in St Kilda. He finds a great premise to lease on the Beach road. He signs a lease with the property owner, Normann. Adrian can’t afford to buy the kitchen equipment outright so he gets a loan from JKN Bank for $100,000.
A term of the loan agreement was to register the equipment on the Personal Property Security Act. Using the money borrowed, Adrian opens the café but it doesn’t do well. After a few weeks, he is unable to keep up the payments to Normann, JKN Bank and other suppliers.
After another month of not receiving his rent, Normann changes the locks on the premises and says that until his rent is paid in full, he has complete ownership and interest of everything inside.
Advise JKN Bank on what their position is in regards to their interest in the kitchen equipment versus Normann’s.
Get Help By Expert
Seeking Malaysian Assignment Assistance for BLO3405: Law of Financial Institutions? Look no further! Assignment Helper MY is here to provide tailored solutions to students at Victoria University (VU). Our experienced team of experts will guide you through the complexities of the subject, ensuring top-notch quality and timely delivery. You also hire our experts for Online Exam Help.As you focus on projects like the Project Management Research Paper or any other academic challenge, let AssignmentHelper.my be your reliable partner on the path to success. Join us today and experience academic excellence like never before!
Recent Solved Questions
- ESEB2054: TOMORROW marks the start of a new year, bringing with it the opportunity to enhance Malaysia’s education sector: Curriculum Development Assignment, UNITAR, Malaysia
- ENGLISH Assignment, OUM, Malaysia Trendy is a new line of skin-care products which use seeds, flowers and fruits as the main ingredients
- Unit 3 – Strategic Management And Leadership, Assignment, Malaysia
- FAR210: Discuss whether the above transactions on 1 August 2022 give rise to financial Vliability in the books of Tango Bhd: Financial Accounting 3 Assignment, UiTM, Malaysia
- Fundamental of Library Administration Assignment, UCISS, Malaysia The library is the best place to look for information for many people. Every library in Malaysia must have its own services
- FAR210: As at 31 December 2022, a physical stock count was carried out to determine the value: Financial Accounting III Assignment, UiTM, Malaysia
- GSGM7223 Organisational Development and Change Management Assignment, Malaysia
- THEORETICAL ASPECTS OF COMPUTER SCIENCE Assignment, MUM, Malaysia You are required to develop a computer program with Python programming language to try and solve it
- Service Marketing Assignment, SU, Malaysia To become more aware of critical aspects of the service encounter from a customer’s perspective
- MPU24021: Portfolio fotografi bermaksud kumpulan karya dalam bentuk foto dari fotografi atau sekumpulan: Photography Assignment, PIS, Malaysia
