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1 Assessment Task – Tutorial Questions Unit Code: HI6027 Unit Name: Business and Corporate Law Assignment: Tutorial Questions Due: Week 13: by Friday, 16 October 2020, 11:59 p.m. Weighting: 50% of...

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Assessment Task – Tutorial Questions
Unit Code: HI6027
Unit Name: Business and Corporate Law
Assignment: Tutorial Questions
Due: Week 13: by Friday, 16 October 2020, 11:59 p.m.
Weighting: 50% of final overall mark
Purpose: This assignment is designed to assess your level of knowledge of the key topics
covered in this unit.
Unit Learning Outcomes Assessed: 1, 4, 5, 6, 7, 8 & 9
Description: Each week students were provided with three tutorial questions of varying
degrees of difficulty. The tutorial questions are available in the Tutorial Folder, for each
week, on Blackboard. The Interactive Tutorials are designed to assist students with the
process, skills and knowledge to answer the provided tutorial questions. Your task is to
answer a selection of tutorial questions from weeks 1 to 5 inclusive and week 11 and submit
these answers in a single document.
Instructions:
• Answer the following questions, citing relevant legal authorities (law and cases) in
support of your answer. Answers not supported by any legal authorities will not
eceive any credit.
• Legal problem-solving questions (Questions 2, 3, and 5) must be answered using the
IRAC (Issue, Rule, Application and Conclusion) method taught in class.
• Reference sources must be cited in the text of the report (either in-text or footnotes
AND listed appropriately at the end of the assignment in a Reference List following
the AGLC (Australian Guide to Legal Citation) style.
• Plagiarism is bo
owing the ideas or reproducing the work of someone else without
acknowledging or referencing the original source. Please read the attached
Academic Integrity Policy for further guidance.
• All work must be submitted on Blackboard by the due date along with a completed
Assignment Cover Page.


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• Word counts for each answer are indicated after the question. Word count limits are
strictly enforced. Anything over the word count will not be read by your lecturer.
The questions to be answered are:
Question 1 [from Week 1, 7 marks]
Are ‘law’ and ‘justice’ one and the same thing? Discuss. (300 words maximum)
Question 2 [from Week 2, 11 marks]
While jogging around his subu
one morning, Pedro sees a speedboat parked outside a
house. There is a sign posted on the boat’s windshield saying:
“For sale $9,000, Text Andres on XXXXXXXXXXDirect buyers only!”
A boat lover, Pedro calls the number advertised and leaves a voice message saying that he’s
happy to buy the boat for $7,000. He also leaves his return number.
Andres is busy all day, and only hears Pedro’s message the next morning. He calls Pedro
ack; he also leaves a voice message saying that Pedro’s price is too low, but he can get the
oat for $8,000. That same day, however, another buyer sees the boat and makes a $9,000
cash offer to Andres on the spot. Andres takes the money, signs over the boat’s registration
papers, and the buyer tows the boat away.
Pedro passes by Andres’ house and sees that boat is gone. Panicking, he listens to his voice
messages and hears Andres’ message for the first time. He calls Andres right away and told
him in no uncertain words that he accepts his offer. Pedro now thinks he has accepted
Andres’ offer so they now have a contract.
When Pedro finds out that the boat has been sold to someone else, he gets very angry. He
argues that he had already accepted Andres’ ve
al offer, so he had no right to sell the boat
to the other buyer.
Does Pedro have a valid contract with Andres and he entitled to the boat? Explain with
eference to all the elements of a valid contract. (Maximum 350 words)


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Question 3 [from Week 3, 7 marks]
Samuel Finley has two children, a daughter Lee and a son Keaton. Samuel has a lovely beach
house in Palm Beach. Sam is terminally ill and has been told by his doctors that he has less
than a year to live.
Lee knows that Keaton is their father’s favourite child and that he had been named in the
latter’s will to inherit the beach house. Lee knew that since their father did not have long to
live and that he was 90 years old and starting to become mentally-weak, she could pressure
him to transfer the Palm Beach beach house over to her even though Samuel may not
totally understand what he was signing over. So, for four months, using pressure and
threats, but more often with gentle but devious tactics, Lee succeeds in convincing Samuel
to sign a transfer of property transfe
ing the Palm Beach beach house over to her.
As his last act, before he dies, Samuel wants to set aside the transfer of the beach house to
Lee. Advise him of his legal position. (Maximum 400 words)
Question 4 [from Week 4, 7 marks]
Answer the following, citing relevant legislation and case law in your answer:
a) What is the parol evidence rule, and what is the court’s reasoning in applying the
ule? (Maximum 100 words)
) List and explain the exceptions to the parol evidence rule. (Maximum 350 words)
Question 5 [from Week 5, 11 marks]
TermiFab is a steel fa
ication business operating in Adelaide. The business is owned by
Pedram. The business has a cu
ent 10-year lease of the factory where its manufacturing
operations are run. Pedram has just been awarded a contract to supply steel frames that
will be used in the building a commercial shopping centre in the Adelaide CBD. Under the
contract, Pedram will start supplying steel frames to the shopping centre developer in 90
days. The construction period is estimated at 24 months, and Pedram is expected to supply
steel frames for 16 of those months.
Two months before the delivery date of the first supply of steel frames to the shopping
centre developer, the South Australian Government compulsorily acquires the site of
Pedram’s factory. The factory happens to be along the route of a new tunnel link system
that the government will start building.


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Pedram’s lessor advises him that he has to leave the premises within four months as
provided by the lease contract. Pedram now has a massive problem: he must find new
premises for his factory, and it might be another two to four months to establish the factory
efore it can start making steel frames. It is now clear that he cannot deliver the first supply
of steel frames to the developer in time.
Pedram comes to you for advice. You are expected to advise on whether his contract to
supply the steel frames with the shopping centre developer can be discharged by
frustration. You must cite relevant provisions of law and cases in support of your answer.
(Maximum 650 words)
Question 6 [from Week 11, 7 marks]
When is it appropriate to
ing a statutory derivative action (s 236)? Draw a flowchart for
the steps to be followed in an application for oppression by a minority shareholder. What
are other personal rights confe
ed on members by the Corporations Act? (Maximum 275
words)
Submission Directions:
The assignment will be submitted via Blackboard. Each student will be permitted only ONE
submission to Blackboard. You need to ensure that the document submitted is the co
ect
one.


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Academic Integrity

Holmes Institute is committed to ensuring and upholding Academic Integrity, as Academic Integrity is
integral to maintaining academic quality and the reputation of Holmes’ graduates. Accordingly, all
assessment tasks need to comply with academic integrity guidelines. Table 1 identifies the six
categories of Academic Integrity
eaches. If you have any questions about Academic Integrity issues
elated to your assessment tasks, please consult your lecturer or tutor for relevant referencing
guidelines and support resources. Many of these resources can also be found through the Study Sills
link on Blackboard.
Academic Integrity
eaches are a serious offence punishable by penalties that may range from
deduction of marks, failure of the assessment task or unit involved, suspension of course enrolment,
or cancellation of course enrolment.
Table 1: Six categories of Academic Integrity
eaches
Plagiarism Reproducing the work of someone else without attribution. When
a student submits their own work on multiple occasions this is
known as self-plagiarism.
Collusion Working with one or more other individuals to complete an
assignment, in a way that is not authorised.
Copying Reproducing and submitting the work of another student, with or
without their knowledge. If a student fails to take reasonable
precautions to prevent their own original work from being copied,
this may also be considered an offence.
Impersonation Falsely presenting oneself, or engaging someone else to present as
oneself, in an in-person examination.
Contract cheating Contracting a third party to complete an assessment task,
generally in exchange for money or other manner of payment.
Data fa
ication and
falsification
Manipulating or inventing data with the intent of supporting false
conclusions, including manipulating images.
Source: INQAAHE, 2020
If any words or ideas used the assignment submission do not represent your original words or ideas,
you must cite all relevant sources and make clear the extent to which such sources were used.
In addition, written assignments that are similar or identical to those of another student is also a
violation of the Holmes Institute’s Academic Conduct and Integrity policy. The consequence for a


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violation of this policy can incur a range of penalties varying from a 50% penalty through suspension
of enrolment. The penalty would be dependent on the extent of academic misconduct and your
history of academic misconduct issues.
All assessments will be automatically submitted to SafeAssign to assess their originality.
Further Information:
For further information and additional learning resources please refer to your Discussion Board for
the unit.
Answered Same Day Oct 14, 2021 HI6027

Solution

Sarabjeet answered on Oct 15 2021
155 Votes
Law & justice
Business and corporate Law
Student Name:
Unit Name:
University Name:
Date:
Answer 1: Are ‘law’ and ‘justice’ one and the same thing? Discuss.
Law and justice are inte
elated and inte
elated, but they are not exactly the same. This is because the purpose of the law is to achieve justice in the event of a dispute. Simply understand the law as a series of rules, these rules is supervised by the government or institutions, and courts apply for judicial justice. Let us first look at the meaning of these words. The law refers to a set of rules that can be enforced by the courts. These rules can put the government of a state under control, and the situation in each state is different. On the other hand, justice refers to the
oad abstract concepts based on rights, fairness, kindness, and dignity, moral and ethical equality. These two concepts are inte
elated because the law refers to a set of regulations and standards formulated by the government and international institutions, and based on justice (Ca
ier and Savage, 2008). Therefore, the law helps to achieve justice by considering fairness and fair consideration of the opposing interests in a given phenomenon, so they are not the same thing, but are interconnected. The relationship between law and justice is indestructible, and there is a direct relationship between the two. It is also highly believed that they are the two sides of the coin. Many people believe that proper enforcement of the law is justice. However, all laws are not only laws, but also have the rights of everyone. In the
oadest sense of the word, it is no different from virtue, because it itself encompasses the entire circle of virtues. But justice itself is a part of virtue. It is limited to simple good and evil, but lies in a person choosing what he likes in proportion to his due (Daeho Hyeon, 2009). Many people are often confused and misunderstood about the concepts of law and justice. Although the two are strictly connected, they are not the same thing. Justice is a
oad concept based on rights, fairness and moral equality. On the contrary, law is a set of standards as well as regulations formulated by the government and global institutions, and is (or must) be depend on the concept of justice. Law is a written norm that regulates the actions of citizens moreover the government itself in each factor, while justice is a principle that might or might not be universally identified (Gehlen, 2017).    
Question 2
Issue
Mr. Pedro does not have a valid contract with Andres.
Rule
We can understand this by refe
ing to the elements for the valid contract.
Application
1. Offer and Acceptance: When one party's offer is accepted by the other party, the contract begins. The final offer should be clear, clear and complete, and the offer or should be informed. The offer and acceptance should be "consensus", that is, they should be mutually agreed upon (Hesselink, 2016). Here, Andres invited an offer for his ship. Pedro gave an offer contrary to Andres, but in return, Pedro never notified Andres of the final acceptance, so acceptance never happened in this case.
2. Consideration: The consideration in the contract is again another important element. In a given situation, a certain amount of consideration has never been determined and agreed upon.
3. Certainty: The parties to the contract should explain and clearly understand the terms and conditions stipulated in the contract. If the conditions of the agreement are not clear, the contract is not a valid contract (Kelsen, 2013). Here, the terms and conditions of the contract have never been agreed like the delivery time, payment terms, and delivery terms, so the certainty is questionable.
4. Capacity to contract: The parties to the contract must have the legal capacity for the contract. Here, we assume that both parties have the ability to conclude legal contracts.
5. Intention to create legal relation: The parties involved in the contract must intentionally create a valid and enforceable contract. Here, Andres has not yet established any legal agreement with Pedro, so the intention to establish a legal relationship has not been met.
Conclusion
Therefore, Pedro did not sign a valid contract and was unable to challenge Andrés' sales and purchase transactions.
Answer 3
Issue
Samuel may argue that he lacks the mental capacity to understand property transfers, which may be supported by his medical report and cu
ent situation
Rule
In this case, the transfer of property is a form of contractual agreement, which requires the ability to understand all terms and information. When Samuel withdrew the transfer, he might point out that he was mentally defective, and Lee used this to force him to transfer the property (Koh, 2014). If there is a medical report that proves that Samuel needs a mental disorder, it will be revoked, which means that Lee will not be the legal owner.
Application
A legal statement to transfer property is also called a property will. In order to legalize a will, some formalities must be completed. First, preparing a will...
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