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BZ203 Business Law

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Question

Explain the original source of the law making powers in the Australian legal system and in doing so refer to the Doctrine of the Separation of Powers . Outline the difference between statute law and case law . Include in your answer two specific examples of how the law impacts on the conduct of business in Australia.

Contract Law

Discuss the meaning of this statement: "Even though all contracts are agreements, not all agreements are contracts." In your answer, outline the elements of a legally binding contract. Identify and briefly describe the different types of terms that may exist in a written contract. 
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