Commercial Law Assignment - Case Study

Added on - 21 Feb 2021

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COMMERCIAL LAW
ContentsINTRODUCTION.......................................................................................................................................2TASK 1.......................................................................................................................................................2Case study 1............................................................................................................................................2TASK 2.......................................................................................................................................................4Case study 2............................................................................................................................................4TASK 3.......................................................................................................................................................5Competition and consumer act....................................................................................................................5TASK 4.......................................................................................................................................................6Advantages and disadvantages of franchising as business structure........................................................6CONCLUSION...........................................................................................................................................7REFERENCES............................................................................................................................................8
INTRODUCTIONCommercial law is that law that governs trade, sales, commerce as well as all thebusinesses and individuals who take part in such activities. Commercial law includes finance andbanking, taxation law, trade practices, securities and deviation along with consumer law.Commercial law is broad and offers road to success for ambitious graduates who wish toperform in their careers. The types of law practises under commercial law are contract law, dataprotection law, employment law, and corporate law.The report will include introduction to Australian law relating to employment law inAustralia along with explaining the purpose of award and term of employment contract etc. thereport then includes information about parliament and constitution in which it will outline crimesact 1958 and penalty range etc. Later on, it will include function of the competition andconsumer act along with its examples enforced by Australian competition and consumercommission. It will depict the advantages and disadvantages of franchising as the businessstructure.TASK 1Case study 1The 22 year old graduate from financial planning program at RMIT got employmentcontract to work withGrice Slaughterhouse and Associates firm which deals in slaughtering andmeat packing (Kadish, 2016). The industry in which the individual will likely to be working ismeat industry that includes slaughtering and packaging of meat.The award rates increased with Australian industrial relations commission and wagerelated allowances increased by 3 %. The award shall known as ‘’ Meat processing industryaward’’. The award is established in the respect of the industry of:a.Export abattoirs, licensed as under the Export control act 1982 or meat premiseswhich are licensed under meat hygiene act 1985 (Lauterwein, 2016).b.Manufacturing of small goodsc.Processing of meat as well as meat products and poultry and pet food.d.Some or all aboveThe award includes the following:1.Wholesaling of meat, meat products and also pet food2.Retailing of meat, meat products and poultry.
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