Describe the strategies for managing legal risks

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Reference no: EM133845347 , Length: word count:1400

Identify and manage legal risks and comply with law

Assessment Task 1

Questions

Provide answers to all of the questions below.

Question 1: Briefly describe one legal advantage or benefit and one disadvantage or risk of each of the following business structures.

Business structure Legal advantages/benefits Legal disadvantages/risks

Sole trader
Partnership
Company

Question 2: Reference sources of regulatory compliance information and advice, relevant for the area where your campus is, for each of the following:

Information source Reference (can be a website)
Local government
State or territory government
Commonwealth government departments
Commonwealth regulatory agencies
Plain English documents explaining operational requirements of legislation
Discussions with experienced industry personnel
Industry accreditation operators
Industry associations or organisations (at least two)
Industry codes of conduct (at least two)
Industry codes of ethics developers (at least two)
Industry journals (at least two)
Industry seminars
Lawyers (at least two)
Libraries
Personal observations and experience
Reference books
Training courses

Question 3: Describe the regulatory authority and its function relevant for tourism, hospitality and events industries in the area where your campus is.

Question 4: Outline at least two methods of updating your information and knowledge on relevant laws and licensing requirements. Get top-rated assignment assistance now!

Question 5: Describe the strategies for managing legal risks and ensuring that a company complies with their legal responsibilities.

Question 6: Describe the objectives and primary components of laws, relevant for the area where your campus is, for each of the following:

Area Objectives and primary components

Anti-discrimination, especially provisions for equal employment opportunity (EEO) and harassment
Anti-trust laws ("restrictive trade practices"), including the prohibitions on anti-cartel, resale price maintenance and third line forcing
Australian Consumer Law (ACL) especially provisions for refunds, exchanges and cancellations, terms and conditions of quotations and consumer contracts
Contract formation and content
Copyright law
Duty of care and negligence
E-commerce and social media
Employer superannuation contributions
Fair Work Act 2009, especially provisions for National Employment Standards (NES)
Insurance, including public liability and professional indemnity insurance
Privacy law
Trademark law
Work health and safety
Workers' compensation, especially provisions for injury reporting and occupational rehabilitation
Criminal Code Act 1995 as it relates to child sex offences outside Australia
European Economic Directive of Foreign Travel
Food safety
Food Standards Australia New Zealand Act 1991
Liquor licensing, especially as it relates to the responsible service of alcohol
Queensland Tourism Services Act 2003
Residential Tenancy Act
Responsible conduct of gaming regulation

Reference no: EM133845347

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