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MGT608 Business Law And International Contexts

tag 1 Download 13 Pages / 3,033 Words tag 14-09-2020

Question:

Assume that you are the director of an Australian company that does business in a number of overseas countries. Your company has decided that there is an opportunity to do business in the country that you researched in Assessment 1 (chosen country).

Your task is to prepare a written document appropriately referenced, that address the following matters:

  1. State the nature of business your company is involved in. Be as creative as possible. For example, you may decide that you are a manufacturer who wishes to export goods to the chosen country. Alternatively, your company may provide services which can be offered in the chosen country or your company may wish to import goods and/services from the chosen country.
  2. Explain in as much details as possible the business opportunity that has arisen for the company.

Making contracts is fundamental to business practice. Your company will need to make contracts in the scenario country. Please ensure you

Identify the types of contracts that your business would need to enter in order to do business successfully in the scenario country. Explain why these contracts are necessary. Identify and explain the sources of contract law in the chosen country.

Identify and explain the legal requirements for the creation of a valid contract in the chosen country.

Explain the remedies for breach of contract in chosen country.

Discuss whether it would be necessary to appoint an agent in the chosen country and an explanation for your decision.

Identify whether Australia has a Free Trade Agreement with chosen country and explain the implications of this.

Identify any specific regulations that apply in the chosen country based on the nature of your company’s business.

 
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Total 13 pages

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