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Questions:
Learning Outcomes
a. Identify and describe business law themes and different business structures.
b. Recognise contract law requirement.
c. Identify relevant corporate law compliance issues.
d. Identify relevant case and statute law and apply that law to given problem scenarios.
e. Recognise general legal issues which might impact on commercial transactions.
f. Identify the benefits and disadvantages of different business entities and structures.
g. Work in groups or individually to produce work that properly integrates business law and/or company law requirements or concerns.
h. Compose written work and/or formulate strategies about commercial scenarios that demonstrate a practical knowledge of business and/or company law.
i. Effectively communicate business law principles to peers, clients and to legal advisers.
Task Description:
You are required to complete the following assessment:
Question 1:
What do you understand by the doctrine of separation of powers? Discuss how separation of powers has been adopted in the Australian constitution. Critically analyse the importance of separation of powers.
Question 2:
Describe how the Australian Constitution has divided legislative powers between the Federal Parliament and State parliaments in Australia. In your answer, give at least one example for each of the 3 types of power. What happens if a State makes a law that conflicts with a law made by the Federal parliament?
Question 3:
What is legally required to start up a sole trading business in Australia? In comparison to a company, discuss the advantages and disadvantages, if any, of doing business as a sole trader.
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