Gamma Pty Ltd Would Be a Small Proprietary Company as Its

question 33

Multiple Choice

Gamma Pty Ltd would be a small proprietary company as its records show:

• A) assets of $15m, sales of $26m and 40 employees.
• B) assets of $6m, sales of $26m and 60 employees.
• C) assets of $15m, sales of $9m and 55 employees.
• D) assets of $4.5m, sales of $12m and 45 employees.

---

Definitions:

Nuisance Doctrine

A legal principle that prevents individuals from using their property in a way that could cause substantial interference or harm to the public or their neighbors.

Distinct Harm

refers to a clear and identifiable damage or injury caused to an individual or property, separate from general or speculative harm.

Environmental Impact Statement

A document required by law for certain actions that significantly affect the quality of the environment, outlining the impact of the proposed action and alternatives to it.

Federal Agency

An administrative unit of the U.S. government that has been created by the Congress to perform specific functions.