34 Pages
Task: Describe how market myths or failures effect the environment , and what measures you believe can be done to ensure the preservation of natural resources and the environment . ...
At the completion of this part of Module 1, students should:Understand the concept of climate change and how it varies from climate variability.Be able to explain the difference between natural and hu ...
For Assignment 2 you are required to prepare a report on the current (i.e., August/September 2019) state of the Australian economy and compare its performance with the state of the economy over t ...
The Minister for Finance has instructed you to determine the likely impact of the proposedmerger on the market, and to recommend whether or not authorisation for the mergershould be granted. Under the ...
ECON1048
Assignment
Economics
Australian Catholic University
Question 1 – Contract Law (8 marks)
Michael runs a pizza takeaway store. He is looking to update the staff uniforms. One day, he walks past a small clothing store. In the window, he sees a fantastic baseball hat which has a picture of a cartoon pizza slice on the front. Next to the hat is a sign saying, ‘Special Offer $10.00 each’. He goes into the store and says to Fran, the shop assistant, ‘Hi, I really like that pizza hat in the window. I would like to buy 10 please.’ Michael hands Fran $100 (10 x $10.00).
Fran says, ‘I’m sorry. The hats are $30.00 each.’ Michael replies, ‘but the sign in the window says they are $10.00 each. I want the hats for $10.00 each.’ Fran says, ‘Sorry, that sign is an error’.
Using relevant principles of contract law, discuss whether Fran is required to sell the hats to Michael for $10.00 each.
Question 2 – Contract Law (12 marks)
Joel’s very expensive watch is broken. He takes his watch into Clocks & Watches, a business which sells and repairs a large selection of clocks and watches.
Joel shows Beth (the owner of Clocks & Watches) his watch. Beth says that she will be able to repair the watch; it will cost $500 and it will take 3 weeks. Joel is happy with this.
A service form is then filled out. Joel fills in his details (name and phone number), and Beth fills out the remaining details (description of the watch, that she will perform a repair on the watch, the date it will be ready for collection, and the price of $500).
At the bottom of this document in red lettering it says ‘Clocks & Watches will not be responsible for any damage to any product we have serviced regardless of how that damage is caused.’ Just below this statement, is a place for the customer’s signature. Joel signs the document without reading it, and leaves the store.
3 weeks later, Joel goes into Clocks & Watches to collect his watch. He speaks to Beth. Beth says, ‘I am so sorry Joel. But unfortunately, a few days ago we had a robbery and your watch was stolen out of our safe storage area. I do not have your watch to return to you.’
Joel is absolutely furious. He demands that Clocks & Watches compensate him for his watch. Beth refers Joel to the exclusion clause at the bottom of the service form.
Using relevant principles of contract law, discuss the following:
a) has the exclusion clause been incorporated into the contract?
b) if the clause has been incorporated, will it protect Clocks & Watches from liability?
(Note: Do not discuss consumer law in this question)
Question 3 – Employment Law (10 marks)
Leon is a university student and enters into a working arrangement with Shoes Plus. The arrangement is that Leon can work at Shoes Plus during his university holidays.
During the university holidays, Leon can choose what days he works, but he must work at least 3 days per week. On the days he works, he must arrive by 10:00am and is expected to work until at least 2:00pm. Leon gets paid $75 per day, and this is paid to him at the end of every week. He performs a variety of tasks that are given to him by the store manager on the day (e.g. cleaning, serving customers, unpacking stock, setting up displays). When he is in the store he is expected to wear his name badge. Leon has signed a document where he is identified as an ‘independent contractor’. In this document it also states that he must comply with all Shoes Plus policies and procedures.
Using relevant principles of employment law, discuss whether Leon is an employee or an independent contractor.
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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.
Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.
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Task: Describe how market myths or failures effect the environment , and what measures you believe can be done to ensure the preservation of natural resources and the environment . ...
View AnswerAt the completion of this part of Module 1, students should:Understand the concept of climate change and how it varies from climate variability.Be able to explain the difference between natural and human-induced factors that contribute to climate change. ...
View AnswerFor Assignment 2 you are required to prepare a report on the current (i.e., August/September 2019) state of the Australian economy and compare its performance with the state of the economy over the period from 2015 to 2019. In completing your report it will be necessary to examine the latest fi ...
View Answer
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The Minister for Finance has instructed you to determine the likely impact of the proposedmerger on the market, and to recommend whether or not authorisation for the mergershould be granted. Under the relevant legislation, authorisation for a merger can be grantedif,•the proposed acquisition wo ...
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