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
- Find an initial solution to the following transportation problem: Optimization Technique Assignment, UMP, Malaysia
- DCP5201: Object Oriented Programming Assignment, BAC, Malaysia I need a standalone console application that can keep track of my restaurant sales. Customers will typically order food and drinks
- CT108-3-1 Python Programming (PYP) Assignment, APU, Malaysia Groceries Management System (GMS) Due to busy schedule, most of us prefer online shopping even to buy groceries and household items
- BDEK2203: Introductory Macroeconomics Assignment, OUM, Malaysia Illustrate and explain the Gross Domestic Product (GDP) and unemployment for Malaysia for the years 2018-2021 using graphs
- BBF305/03: Investment and Portfolio Management Case Study, WOU, Malaysia You are in a senior management position in a leading international funds management firm
- Explain the alkyd resin material, the properties, compare the recent development Courswork, USM, Malaysia
- Chapter 4: Descriptive Analysis – Assessment of Mental Health Awareness Among Undergraduate Students
- Organizational Behaviour Assignment, UiTM, Malaysia Organisational behaviour can be termed as the investigation of the behaviour of human beings in various settings of organisation
- FAR460: Accounting Financial and Reporting 2 Assignment, UTM, Malaysia Help Bhd has been involved in manufacturing and supplying gloves and related products. The company continues to record success
- FINAL ASSESSMENT SEMESTER III SESI Universiti Teknologi Malaysia : PREVENTING ACCIDENT AT WORKPLACE
