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HI6027 Business and Corporate Law Assignment - Holmes Institute, Australia

Assessment Title - Case Studies of Business Law and Business Structures

Purpose of the assessment (with ULO Mapping) - The purpose of the Group Assignment is to provide students with an opportunity to work in a collaborative environment in solving two case problems by citing the relevant legal rules and cases and applying these to the facts of the case.

In this Group Assignments, students are required to:

- Critically analyse the ethical implications of legal decisions and how they impact on the business environment.

- Assess the obligations, rights and remedies available to parties in particular commercial relationships.

- Critically examine the foundations of Australian company law.

- Critically discuss and apply contract and tort law in business circumstances.

- Critically discuss and apply the legal framework that regulates a company's dealings with outsiders.

Assignment Specifications -

Purpose: The Group Assignment aims to provide students with an opportunity to work in a collaborative environment in solving two case problems by citing the relevant legal rules and cases and applying these to the facts of the case.

Students are to form groups, with a minimum of 3 and a maximum of 4 students per group. The assignment consists of a 2,000-word written report.

Group Report - This group assignment consists of 2 parts. Part A is a question on Contract Law, and Part B is a question involving Business Structures. Both questions must be answered. The total word limit for the group report is 2,000 words (+/- 10% allowed) with each part having a maximum word count of 1,000 words. Word count limits are strictly enforced. A deduction of two (2) marks will be imposed for every 50 words over the word count for either part of the report.

Assignment Questions -

Part A: Contracts Law Question - In 1,000 words (+/- 10% is allowed), answer your chosen question using the IRAC method.

Joey Joystick is a computer programmer. While he was in his final year of university studies, he worked as an intern with a local electronic games producer, Great Games Pty Ltd. Joey impressed his supervisors with his insightful comments and other input on design work. They were so impressed with his work on one design, Crypt Force, that they gave him part credit for it and paid him a general bonus for it. Crypt Force ultimately won an industry award and proved to be a big seller for the company.

After Joey's university graduation ceremony, he was ushered aside by a Great Games executive who showed him a document and said:

"We're very impressed by your work, Joey. We'd like you to join us permanently-we're sure you'll be happy with the deal we can offer you."

The document was a contract of employment which contained the following clauses:

1. The duration of the contract is three (3) years.

9. The employee (Joey) agrees that he will not for the duration of the employment contract or for a period of one year after the conclusion of the employment undertake design activities in Australia for the purposes of the production of electronic games or any other form of entertainment.

The starting salary under the contract was that normally paid to a senior designer, which was a position a new designer would not usually attain until he or she had worked with Great Games for three years. Joey happily signed the agreement.

After two years with Great Games, Joey was approached by a film production company, Computer Animated Films Inc (CAN). Joey agreed with CAN that, for a salary five times what he was getting paid by Great Games, he would immediately start work as part of a team producing Cosmic Armada, a feature-length computer animated film. As part of the deal, Joey would also work on a spin-off Cosmic Armada electronic game.

Advise Great Games whether it can prevent Joey from working for CAN.

In answering this question, you are expected to draw on legal rules, principles and cases discussed in the lectures from Weeks 1 to 4 and the corresponding chapters from the prescribed textbook.

Part B: Business Structures question - In 1,000 words (+/- 10% is allowed), answer the chosen given question.

You have graduated from Holmes Institute with a Master's Degree in Professional Accounting, and you're employed as an accountant/financial advisor, for an accounting firm called Big Business Accountants.

Harry is a client, and he has made an appointment to see you. Harry is keen in starting a business. This business he is proposing to start is a bakery. Harry has qualifications in bakery which includes making cakes, bread, pastries.

Harry, has saved up his money and he has about $50,000.00 in cash. He hasn't bought any equipment but he has found a shop which he is considering leasing where his bakery business will be operating from.

Harry has always been an employee and now he would like to know what type of business structure he should have for his bakery.

Your task is to write a report to Harry about the types of business structures that you consider would be suitable for Harry to consider.

Attachment:- Business and Corporate Law Assignment File.rar