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RESEARCH ESSAY PROPOSED STRUCTURE FIRST RULE IS TO ACTUALLY READ THE ASSIGNMENT QUESTION: Topic: The impact of digital disruptions on business contract(s) Guidelines: As the next generation business...

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RESEARCH ESSAY PROPOSED STRUCTURE
FIRST RULE IS TO ACTUALLY READ THE ASSIGNMENT QUESTION:
Topic: The impact of digital disruptions on business contract(s)
Guidelines:
As the next generation business leaders, you are expected to be familiar with the latest development around the world, one of which at current time is digital disruptions. This exercise will offer you the opportunity to understand at least one disruptive technology, and to analyse the impact of your chosen technology on the elements of a business contract. To make your arguments easier, you may select a form of business contract as you wish.
You may refer to page 17 of the Productivity Commission paper referenced below for the definition of disruption.
To facilitate your arguments and analysis, it is advised that you make two calculated decisions before you write:
You should pick up a particular type of business contract that is of interest to you and focus your writing on this type of contract only. And,
You should pick up one type of digital disruptions from the following list:
  • Blockchain technology
  • Mobile internet
  • Cloud computing
  • Automation of knowledge work
  • Internet of things (IoT)
  • Advanced robotics
  • Autonomous vehicles
  • Next-generation Genomics
  • Next generation storage
  • 3D printing
  • Advanced materials
  • Advanced Oil and Gas Exploration and Recovery
  • Renewable Electricity

Reference:
Productivity Commission 2016, Digital Disruption: What do governments need to do?, Commission Research Paper, Canberra.
SO THE ASSIGNMENT REQUIRES YOU TOSPECIFICALLY DO THREE THINGS:
  1. Pick up a disruptive technology and extensively research the technology of your choice.
  1. Pick up at least one type of the contract and summarise the elements of the contract (you do not need to summarise the elements which you are not going to discuss in the essay).
  1. Discuss the impact of the technology on the contract

HOW CAN THE ASSIGNMENT BE STRUCTURED TO DIRECTLY RESPOND TO THE QUESTION BEING ASKED, AND STAY WITHIN THE 2500 WORD LIMIT?
TITLE FOR ASSIGNMENT: THINK OF SOMETHING UNIQUE WHICH HIGHLIGHTS WHAT YOU ARE SAYING IN YOUR ASSIGNMENT, RATHER THAN JUST CALL IT, E.G. “RESEARCH ASSIGNMENT”
SUGGESTED STRUCTURE OF THE ESSAY:
ABSTRACT
(Approx. 150 words- not part of word count)
  • What is the significance of the abstract?
  • It sets out a summary of the assignment and what the purpose/ main contention of the assignment is: ithelpsto focus the mind on what you are trying to achieve with the assignment, rather than getting weighed down by research
  • How could the abstract be approached? What are a few pointers?

  • Common question: is the abstract included in the word length? No

  1. INTRODUCTION (Approx. 300 words)
  • The purpose of the introduction is to set out:
  • asummary of the topic of the assignment (i.e. disruptive technology in general)
  • Ingeneral terms what it is that you will be arguing in your assignment: will the technology have any impact on the contract(s)? in what ways?
  • Thestructure of the assignment: I.e. what is in section 2, 3, 4etcof the assignment?
  1. WHAT IS YOUR CHOSEN DISRUPTIVE TECHNOLOGY? (Approx XXXXXXXXXXwords)
  • A summary of the disruptive technology you choose
  • The development of the technology around the world
  • The development of the technology and relevant legal reforms in Australia

  1. WHICH TYPE OF CONTRACT WOULD YOU CHOOSE AND WHAT ARE THE ELEMENTS OF THE CONTRACT THAT YOU WOULD LIKE TO DISCUSS IN THE NEXT SECTION? (Approx XXXXXXXXXXwords)

We have learned from the subject that for a simple valid contract to be valid, there are six elements, keeping in mind that there are certain exceptions supported by case law.
You are expected to select one type of contract and summary the elements of the contract which you would like to discuss in the next section concerning the disruptive technology of your choice.
  1. WHAT ARE THE IMPACTS OF THE DISRUPTIVE TECHNOLOCY ON CONTRACT OF YOUR CHOICE? (Approx XXXXXXXXXXwords)

You may discuss the impact of the technology of your choice on one or more elements of the contract. The technology may affect the offer, or acceptance, or considerations etc.
  1. CONCLUSION (Approx 200 words)
  • No new points are to be made in the conclusion. Common error is to only start and address the question in the conclusion. Thus must instead be done in the body of the assignment.
  • The purpose of the conclusion is to summarise and emphasise the main argument(s) in the assignment.

POINTS TO REMEMBER ABOUT THE ASSIGNMENT
  • Word length? 2500 words, with a 10% leeway
  • Due Date? Friday 21 April 2017, 11.59pm
  • Position on extensions and late submissions? Strict application of the university policy.
  • Referencing style: Australian Guide to Legal Citation (strictly applied- marks deducted if it is not adhered to)

Your assignment will be assessed based on the marking rubric below:
Assessment Criteria HD XXXXXXXXXX%) D (70-79%) C (60-69%) P (50-59%) N (0-49%) Score
1. Mastery of fundamental knowledge of Business Law (30%)
  • Information shows insightful knowledge of the topic and relevant aspects of the law.
 Information shows a good knowledge of the topic and relevant aspects of the law. .
Information shows adequate knowledge of the topic and fundamental aspects of the law.
Information shows partial knowledge of the topic and some fundamental aspects of the law.
 Information shows limited knowledge of the topic and/or the law.
2. Ability to source, integrate and critically evaluate information to support a cohesive overview of current knowledge on disruptive technologies; (30%)
  • Meaningfully synthesises connections.
  • Illuminating interpretation of importance and significance of disruptive technologies.
  • Effectively selects from a variety of sources.
  • Clear analysis of the importance and significance of disruptive technologies.
  • Identifies connections between sources.
  • Evaluates the importance of disruptive technologies.
  • Presents knowledge from difference sources.
  • Elaborates the importance of disruptive technologies.
  • Sources basic information and/or describes topic.
3. Imagination and originality of thought (20%)
  • Problem of study is very creative or original with new and innovative ideas;
  • Explored original topic and discovered new outcomes;
  • Innovation methods was used in the analysis
  • Problem of study is original or creative;
  • Design and approach is appropriate or innovative.
  • Problem of study moderately original or creative;
  • Design and approach moderately appropriate or innovative.
  • Problem of study lacked creativity or not new;
  • Duplication of previous work.
 No effort was shown to introduce new ideas or innovation to the research question.
4. Ability to draw reasoned conclusions from a body of knowledge (15%)
  • Systematically interprets several bodies of knowledge and draws reasoned conclusions based on an evidence-base.
  • Makes appropriate recommendations based on outcomes.
  • Holistically evaluates the implications.
  • Evaluates several bodies of knowledge and draws conclusions based on an evidence-base.
  • Makes some recommendations with some reference to outcomes.
  • Implications are stated.
  • Conclusions are logically derived from information.
  • Identifies related outcomes and implications.
  • Conclusions are logically related to information.
  • Some outcomes and implications are raised.
  • Conclusions are over simplified or inconsistent with the information discussed.
5. Presentation and referencing as per AGLC
(5%)
  • Accurate expression, grammar, spelling and punctuation.
  • Full and accurate citation of authorities and sources.
  • Thoroughly edited.
  • Occasional minor flaws in expression, grammar, spelling or punctuation.
  • Authorities and sources are generally cited correctly.
  • Well edited.
  • Some flaws in expression,
grammar, spelling or punctuation.
  • May have some missing, incomplete or incorrect
footnote citations.
  • Some oversights in editing.
  • Flaws in expression, grammar,
spelling or punctuation;
  • A number of missing, incomplete or incorrect footnote citations.
  • Editing with little care.
  • Frequent or repeated flaws in expression, grammar, spelling or punctuation.
  • Inadequate citation of sources.
  • Poor editing.

6 Elements of a contract
1. offer and acceptance
2. consideration
3.intention to create legal relations
4. capacity
5.Consent
6.illegality
Types of contracts
Express Contracts:The Contracts where there is expression or conversation are called Express Contracts. For example: A has offered to sell his house and B has given acceptance. It is Express Contract.
Implied Contract:The Contracts where there is no expression are called implied contracts. Sitting in a Bus can be taken as example to implied contract between passenger and owner of the bus.
Quasi Contract:In case of Quasi Contract there will be no offer and acceptance so, Actually there will be no Contractual relations between the partners. Such a Contract which is created by Virtue of law is called Quasi Contract. Sections 68 to 72 of Contract Act read about the situations where court can create Quasi Contract.
005_fu1jazo-tj4pesut.docx
Answered Same Day Dec 26, 2021

Solution

Robert answered on Dec 26 2021
114 Votes
Assignment
Student Name
Student Number
Submission Date
Professor‟s Name
Table of Contents
Assignment ................................................................................................................................................... 1
Abstract ......................................................................................................................................................... 3
1. Introduction .............................................................................................................................................. 3
2. Chosen disruptive technology information: ............................................................................................. 4
3. Choosing the type of contract and different type of elements used in the contract ............................... 5
4. What are the impacts of the disruptive technology on Express Contract ............................................... 6
Conclusion ................................................................................................................................................... 10
Abstract

Disruptive technology is the technology which contributes in challenging the existing
technologies in the market. In other words it can contribute in discontinuation of the cu
ent
technology in the market. In this consent, the disruptive technology which is considered for this
part of the study is 3D printing which is revolutionizing the existing design industry. On this
technology there is type of contract which has been chosen so that the business can remain
productive. For this there are three kinds of contracts which are discussed here which include the
express contract, implied contract and quasi contract. Studying these contracts will provide the
details of contract which has been chosen for this work and some details over the elements of
contract which would further contribute in making the contract stronger between two parties.
1. Introduction

It is a process of creating three dimensional physical from a computer file. We can create the
object by this method. In this method we can create object by layers of objects. You can also
design of the object. It is possible by CAD (Computer Aided Design) file. By this method we can
change object into physical shape by digital file adding layer by layer of materials (Goldberg,
1974). For example we take an apple. We cut the apple into horizontal slices and next we place
these slices of apple once over another, we have a complete apple by the layers of apple with the
help of 3D printer. By this we can create a replacement part of machinery and human body. By
this method we can increase the creativity for everyone.
Some uses of 3D printing in business are given below -
1. In a restaurant by using 3D printers we can create and completely design the all item of
food. We can make mashed potatoes to chocolates
2. We can produce a steel bike on demand of the customers. We can design and shape of
ikes according to demand of the customers.
3. The Surgeons by used this technology made human body parts like kidney etc. They can
ecreate the faces of injured patients.
4. We can print candy and any food item which we want by it solid parts of object.
5. In Airline cocktail trays they can create a cocktail tray according to customers demand
and which they want.
6. It can be helped to solve crimes for forensic aims in life.
7. Architect can use this technology to prepare the models of buildings and projects in some
time.
2. Chosen disruptive technology information:

3D Printing
This technology is also known as additive manufacturing which is a process of making three-
dimensional physical objects with the help of digital models. The technology has adopted new
way of making things and it has transformed the traditional way of manufacturing like PC
changed the way of world computing (Tran, 2016). This has been hailed as revolutionary
technology which has significant potential to alter business, manufacturing and society in
general.
Development of technology around the world:
3D printing has been providing number of new possibilities around the world and regardless of
part of the world it is introduced in. For instance, with the help of this technology the Victoria
Hand Project has built customized prosthetic hands for amputees in the third world countries
which are created with the help of Ultimaker 3D printers. The 3D printing devices are used to
make the process of more efficient and cost-effective. The benefits of using 3D printing has been
noticed around the world and that are cost-effective, in-country creation model, mobility and
functionality of the technology and its devices.
Technology and legal reforms in Australia
Copy right law
The use of 3D printing technology has created anxiety and fear among copyright owners,
ecause the owners have fear that it will enable the unauthorized reproduction and dissemination
among their works. In Australia, the 3D printing developers have been facing certain challenges
and uncertainties in their business. The uncertainties Australian business owner are facing is due
to the Australian copyright law. The civil society group have concern about the getting the
lawsuits over the 3D printing which can be imposed by intellectual property owners. It is
ecognized by the NGO that, 3D printing allows people to create copy, and modify objects; it
will also have a large impact on the laws of...
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