MLC707 Business Law Critically Evaluate the Principles

Answer:

Explain and apply the fundamental principles of Australian Business Law which covers the areas of the Australian legal system, contract law, agency, law of tort and corporations law.

Analyse how Australian Business Law has developed to resolve business challenges and identify limitations to its current scope.

Use research and analysis skills to critically evaluate the principles of Australian Business Law.

Assessment:

· Research Paper is worth 40% of the final mark. Every group member obtains the same mark. As a result, you will need to ensure that everybody contributes their share.
· You are given three (3) research questions and your group should ONLY select one for the purpose of the research. There should be consensus among group members when selecting the question.

Group Assignment Question One

Claims for damages for loss of opportunity are unlikely to succeed in Australia. Critically evaluate this statement and surrounding issues with reference to developments in case law. You may consider actions under various sources of law including contract, tort and consumer law, with reference to other jurisdictions where appropriate. Provide your view on whether you agree with the current state of the law.

Group Assignment Question Two

Are companies and their directors exposed to liability resulting from climate change and environmental issues? Discuss this issue with reference to corporate governance and director’s duties, including any defences that may be available. You may consider developments in other jurisdictions and the likelihood of future law reform in this area.

Group Assignment Question Three

From a competition and consumer law perspective, to what extent should Australia regulate digital platforms such as Facebook and Google? Discuss the benefits, costs and limitations of such regulation, referring to relevant law and other jurisdictions as appropriate. You may consider broader policy issues such as the appropriate role of regulation in business, especially in the context of the importance of technology in the 21st century.