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Assessment item - Assignment 2000 word

Students will be expected to address all the issue evidenced in both parts of the set assignment.

Part A - ESSAY

As background see text What Is compliance?

Your text states "The first step in compliance clearly involves identifying the laws that apply to the business, the regulators who have jurisdiction in specific areas, the risks the business faces and legal issues that may arise. And it is not just a matter of putting together a one-off compliance program. Regular reviews, tracking changes to the law and ongoing effective education of staff about their legal obligations is essential for legal compliance and building 'a culture of compliance."

You and your family run a seafood restaurant in Sydney and you now wish to call it the Great Catch!

Using the topics from Property Law, Sale of Goods and Consumer Protection and Intellectual Property complete a research essay setting out the key areas of law and compliance in Australia that would be highly significant to your particular business operations for this business.

Part B- PROBLEM QUESTION

"Manny and Bella are married and since 2008 they have run a pizza business in the city. They call the business Perfect Domino Pizza.

They visit the showroom of Tuscan Ovens Pty. Ltd to buy a new pizza oven for their business. They tell Tuscan's manager that they must have a heavy duty which will cook at least 30 pizzas every hour for 16 continuous hours every day. Manny tells the manager that such an oven is required "otherwise I will lose customers at the peak hours. The manager assures Manny and Bella that the new Tuscan XX commercial oven will satisfy their requirements.

As a result of the manager's statements and recommendations, Manny and Bella purchase the oven for $15,000.

While they are waiting for the delivery of the new pizza oven Manny and Bella advertise the new oven for their restaurant but they decide to refer to it as the MB Oven and not mention the real registered name, Tuscan XX.

Business Law & Ethics, Finance

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