Description
FEDERATION UNIVERSITY
BULAW1502 FUNDAMENTALS OF LAW
ASSIGNMENT SEMESTER 2, 2023
Due: By 11:59pm Sunday, 17 September 2023 (week 8)
Submission method: As a word document (not in pdf) via the (Turnitin enabled) assignment link in Moodle.
Weighting: 30% (total)
The purpose of the assignment is for you to undertake independent research into business law, to reflect on and consider factual and legal issues, and to apply your legal skills. We are looking for a demonstrated understanding of topics B & C which requires you to use relevant legal principles to support your arguments. You must limit your response to the topic content coverage mentioned above.
The total word length for this assignment is 1,500 words (a maximum only of 10% over or under this limit is acceptable). Given the distribution of grades across the questions, you may wish to apportion your words accordingly. Please include a word count in your assignment document, and do not include references within your word count.
The referencing method used in your assignment must be strictly in accordance with the APA style. Assistance is available from the Fed Uni Library weblink:
https://federation.edu.au/library/student-resources/fedcite
In writing your response, please ensure that you answer the questions posed in this document and address the criteria outlined in the Criterion-Referenced Marking Considerations Rubric (below). There are two separate questions below.
One of these questions is a short essay discussion question and the other, a problem-based question. Most marks are given for critical analysis; very few marks (if any) are given for merely restating information (including the facts or question).
Please do not repeat the facts of the questions in verbatim at the start of your response to the questions. You will be assessed on your ability to critique, to apply knowledge and present legal arguments to justify your analysis (as explained in the rubric (below). In your answers to the questions, only consider Australian case law principles and statute (where relevant). You must complete BOTH questions in the one document.
Question 1 (short essay discussion question):
Milly and Jasmine are considering a business together. They propose to share both the profits and losses of the business equally. They would like to keep the costs low whilst mitigating risk. Discuss the options available to Milly and Jasmine with reference to course content on business structures. (10 marks)
Question 2 (problem question: consider using the IRAC method):
Glenda (aged 18) enters an agreement with her sister Jill (aged 16), for house cleaning. The work is on a weekly basis and involves Jill cleaning the bathroom, toilet and kitchen areas in return for Glenda paying Jill $70. The agreement is reached verbally. They decide not to document the agreement as they ‘know each other’ and are ‘siblings.’ Three months later, Jill refuses to do the housework and a massive argument ensues. Glenda threatens Jill with legal action.
- First, identify the expectations of the parties with due regard to the legalities of an agreement. Secondly, identify the legal issues that arise from the facts (with reference to the legalities of an agreement). Support your answer with reference to case law) (15 marks)
- Lastly, having identified the legal issues above, identify and explain whether this agreement is legally binding? (5 marks) (20 marks total)
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