Page 4 of 7 Page 4 of 7 applied the law appropriately (20 marks) added their individual remark. have added their individual remark. group members have added their individual remark. have added their...

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Assignment 3. With 10 to 15 ppt slides


Page 4 of 7 Page 4 of 7 applied the law appropriately (20 marks) added their individual remark. have added their individual remark. group members have added their individual remark. have added their individual remark. their individual remark. Clarity of Expression (10 marks) Writing lacks clarity and coherence. Points have not been paraphrased well. There are many errors in spelling, grammar, and punctuation. . Writing is generally clear with some lapses in coherence. Some points have been paraphrased well. There are some errors in spelling, grammar, and punctuation. Writing is clear and coherent. Most points have been paraphrased well. There are some errors in spelling, grammar, and punctuation. Writing shows good clarity and cohesion. Points have been paraphrased well. There are few errors in spelling, grammar, and punctuation. Writing shows excellent clarity and cohesion. Points have been skilfully paraphrased. There are no or very few errors in spelling, grammar, and punctuation. Reference and Formatting (10 marks) Assignment mostly failed to adhere to APIC Harvard style of referencing. Assignment only show some adherence to APIC Harvard style of referencing. Assignment mostly adheres to APIC Harvard style of referencing. With few inconsistencies, Assignment mostly completely adheres to APIC assessment presentation guidelines with few inconsistencies with APIC Harvard style of referencing. Assignment completely adheres to APIC Harvard style of referencing. . Assessment 3: Essay and Presentation Due date: Week 11 (Assignment submission) and week 12(Presentation) Group/individual: Individual Word count / Time provided: 2000 words Weighting: 40% (25% submission and 15% presentation) Unit Learning Outcomes: ULO-1, ULO-2, ULO-4, Assignment details: The Essay Assessment requires students to demonstrate their knowledge of the Australian business law, concepts, and rules. To successfully answer the questions, the analysis, the discussions, and examinations of topics must be supported by the relevant sections of the law, cases, examples, journal articles and books. For this Assessment, students must answer four questions. You are expected to write about 500 words for each question, and total of 2000 words for Assessment 3. Essay Questions 1. By giving at least four different examples, explain the different business structures. To completely answer this question, you must define each business structure, explain the legal requirements to establish each business structure and explain the differences between each business structures. 2. Examine the legal protections provided under the Australian Consumer Law for consumers. To completely answer this question, you are required to Page 5 of 7 Page 5 of 7 support your discussion with the relevant sections of the law and provide relevant court cases that show the legal protections provided under Australian Consumer Law. 3. Identify the essential elements that should be fulfilled to have a valid contract, and by giving relevant examples, elaborate the available remedies if there is breach of a contract. To completely answer this question, you need to support your answer with the relevant sections of the law and relevant examples. 4. Discuss the different aspects of legal risks of doing business. You can answer this question from the perspective of negligence, tort, business crimes and business ethics. You will make a presentation on the main points of your answers for the Essay questions. The presentation must show the main findings and you have 10 minutes to complete the presentation, and 5 minutes to answer questions. Marking Criteria and Rubric: The assessment (Written submission and presentation combined) will be marked out of 100 and will be weighted 40% of the total unit mark. Marking Criteria Not satisfactory (0-49%) of the criterion mark) Satisfactory (50-64%) of the criterion mark Good (65-74%) of the criterion mark Very Good (75-84%) of the criterion mark Excellent (85-100%) of the criterion mark Analysis and accuracy of answer – demonstrated knowledge (20 marks) Question 1 Demonstrated Inadequate and poor understanding of Australian Business Law concepts and their practical application Demonstrated reasonable understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated good understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated very good understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated exceptional understanding of Australian Business Law concepts and their practical application with necessary adjustments. Analysis and accuracy of answer – demonstrated knowledge (20 marks) Question 2 Demonstrated Inadequate and poor understanding of Australian Business Law concepts and their practical application Demonstrated reasonable understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated good understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated very good understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated exceptional understanding of Australian Business Law concepts and their practical application with necessary adjustments. Analysis and accuracy of answer – demonstrated knowledge (20 marks) Question 3 Demonstrated Inadequate and poor understanding of Australian Business Law concepts and their practical application Demonstrated reasonable understanding of Australian Business Law concepts and their practical application with Demonstrated good understanding of Australian Business Law concepts and their practical application with Demonstrated very good understanding of Australian Business Law concepts and their practical application with Demonstrated exceptional understanding of Australian Business Law concepts and their practical application with Page 6 of 7 Page 6 of 7 necessary adjustments. necessary adjustments. necessary adjustments. necessary adjustments. Analysis and accuracy of answer – demonstrated knowledge (20 marks) Question 4 Demonstrated Inadequate and poor understanding of Australian Business Law concepts and their practical application Demonstrated reasonable understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated good understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated very good understanding of Australian Business Law concepts and their practical application with necessary adjustments. Demonstrated exceptional understanding of Australian Business Law concepts and their practical application with necessary adjustments. Clarity of Expression (10 marks) Writing lacks clarity and coherence. Points have not been paraphrased well. There are many errors in spelling, grammar, and punctuation. . Writing is generally clear with some lapses in coherence. Some points have been paraphrased well. There are some errors in spelling, grammar, and punctuation. Writing is clear and coherent. Most points have been paraphrased well. There are some errors in spelling, grammar, and punctuation. Writing shows good clarity and cohesion. Points have been paraphrased well. There are few errors in spelling, grammar, and punctuation. Writing shows excellent clarity and cohesion. Points have been skilfully paraphrased. There are no errors in spelling, grammar, and punctuation. Reference and Formatting (10 marks) Assignment is not presented as per APIC assessment presentation guidelines and includes insufficient application of APIC Harvard style of referencing. Assignment show some adherence to APIC assessment presentation guidelines and APIC Harvard style of referencing. Assignment mostly adheres to APIC assessment presentation guidelines and APIC Harvard style of referencing. Assignment completely adheres to APIC assessment presentation guidelines with few inconsistencies with APIC Harvard style of referencing. Assignment completely adheres to APIC assessment presentation guidelines and APIC Harvard style of referencing. PRESENTATION Comprehension Of the presentation. (60 Marks) Presentation is poorly structured, and the main points are not accurately included Presentation is reasonably structured, and the main points are included with some points missing. Presentation is mostly structured, and the main points included with one or two points missing. Presentation is highly structured, and the main points are mostly accurately included Presentation is highly structured, and the main points accurately included Visual Appeal Presentation slides, clarity, grammar, spelling and engaging (20 marks) Poor presentation skill. The slides were difficult to read and too much information had been copied onto them. There are many errors in spelling, grammar, and punctuation. No Visual appeal. Partially good presentation skills. critical review of the chosen case. Minimal effort made to make
Answered Same DayDec 13, 2021

Answer To: Page 4 of 7 Page 4 of 7 applied the law appropriately (20 marks) added their individual remark. have...

Dr. Vidhya answered on Dec 15 2021
153 Votes
BUSINESS ETHICS
ASSESSMENT 3: ESSAY AND PRESENTATION
Table of Contents
Question One    3
Question Two    4
Question Three    5
Question Four    6
References    8
Question One
In Australian context, there are four types of business that can be operated legally. The first type is sole trading, in which individual operations of business is accepted. Sole trade is the form of business where one person can regi
ster his or her company under sole proprietorship. Mostly, the name adopted for this kind of business is with the name of the person such as John Greens Grocery, Mary’s Departmental Store and Smith Wine Shop. Besides, it can be registered by following the company law in Australia. This type of business usually does not require any contract to exist. Sole trading requires operating the business through the calculation of the taxable income and margins of profits earned in single financial year. In other words, sole trading is categorised as taxable by Australian business law (Bant & Peterson, 2019).
The second type of business is based on the partnership of two or more persons. This is slightly complicated form of business than sole trading because it not only requires registration under the Australian business law, but also it needs to have a valid contract between the parties willing to operate the business jointly. This is more like having the rule book of operations; this rule book is legally perceived as the mutually accepted offers made against the favours to each other. The registration process is liable to bear the expanses of the Australian government as well as paying of the taxes. The taxable income of the partnership based business is done by filing the income tax returns at the end of the financial year. Partnership business mode requires to have tax filing number as well (Bant & Peterson, 2019).
The third type of business in Australia is to structure a company (Pty Ltd). There are two modes of companies that are legally acceptable; the public company and the private company. Public companies have shared administration process, which is listed in Australian Stock Exchange. There are shareholders who share certain amount of partnership in business. The board of directors is appointed by mutual acceptance to run the business. The advantages of public companies include having limited liabilities towards the assets of the company only. However, running big scale companies appears with several key drivers of risks such as the loss of capital and effects created by the ebbs and flows of the market conditions.
The fourth and the most sustainable type of business in Australia is Trust (discretionary or unit based). By law, there are transferrable rights of business to the third party in this business type and this third party carries out the role of administrator. The entire financial management remains in the hands of third party. The shared state of governance makes this business to be the stabilised one in the general context. To register a trust, Australian business law norms expect to have valid contract, tax file number as well as evidences of competency of the third party to run the business appropriately. Trusts are made by having discretionary or unit based rights as well.
Question Two
In order to protect consumers in all legal trading operations in Australia, the Australian Consumer Law (ACL) was created (Bianchi, 2018). For those customers who buy products and services from Australian producers, importers or manufacturers, a package of assurances has also been implemented. The assurances are meant to ensure that the goods or services they have paid for will be obtained by customers. They are entitled to remedies, such as repair, replacement and repayment, if they have issues with the goods and services they have purchased.
The Australian Consumer Law has set some directives about consumer guarantees that the companies must fulfil. The significant ones in this context are associated with the process of the providing quality products to the consumer...
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