Law for Commerce - Assignment
Added on 2021-04-21
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Running head: LAW FOR COMMERCECase studyName of the student:Name of the university:Author note
1LAW FOR COMMERCETable of ContentsAnswer to case no. 1..................................................................................................................2Issue:.......................................................................................................................................2Rule:.......................................................................................................................................2Application:............................................................................................................................2Conclusion:.............................................................................................................................3Answer to case no. 2..................................................................................................................3Issue:.......................................................................................................................................3Rules:......................................................................................................................................3Application:............................................................................................................................3Conclusion:.............................................................................................................................4Answer to case study no. 3.........................................................................................................4Issue:.......................................................................................................................................4Rules:......................................................................................................................................4Application:............................................................................................................................4Conclusion:.............................................................................................................................5Reference:..................................................................................................................................6
2LAW FOR COMMERCEAnswer to case no. 1Issue:The main issue that are to be determined in this case is whether the decision orjudgment of High Court is binding upon the Victorian Supreme Court of Appeal or not.Rule:There are certain rules in Australian legal system where it has been mentioned thatin certain circumstances, the lower courts are obliged to follow the rulings of the highercourt. Here certain circumstances mean when the matter of fact of the case is similar innature. This rule is known as the doctrine of precedents (Depoorter and Rubin 2017). Thejudges of the lower court are not allowed to stray the decisions taken by the higher court inrespect of similar circumstances. This rule is quite common in nature and has beenmaintained in almost every country.However, it is also a fact that if any decision has been taken in similar kinds ofcourt or by the same level of court, the decisions should not be binding in nature, rather it canbe persuasive in nature. As an example, it can be stated that if a judge of the High Court hastaken a decision, the decision will be persuasive to the other judges of the High Court and thejudges will not bind by the decision (MacCormick, Summers and Goodhart 2016).Application:Australia is a federal country, High Court is superior to the Victorian SupremeCourt of Appeal (VSCA), and therefore it can be stated that the decisions of the High Courtwill be binding on the Victorian Supreme Court. However, if any judge of VSCA has takenany decision, they will not be binding on the other judges of VSCA.
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