Question 1 (5 marks)In negligence law the “reasonable person” is used to assist in determining questions relating to duty of care and the relevant standard of care. Who is the “reasonable person,” meaning what are their characteristics and how does the law adapt it in differing circumstances?Question 2 (20 marks) What are “self-managed super funds” or SMSFs? Write an essay explaining their nature, benefits and risks, set up and operation. Question 3 (5 marks) Normally the relationship between employer and employee is not an agency relationship, although in the right circumstances it could be. Why is it generally not seen as an agency relationship?
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