Business law

| June 4, 2016


ASSIGNMENT (Assessment 2)


This document consists of six (6) pages including this page. Part A starts on page 2 and continues on page 3. Part B starts on page 4 and continues on page 5. A suggested format for the letter is on page 6.

This assignment consists of two parts: Part A (short answer questions) and Part B (letter). Both Part A and Part B must be completed.

Part A and Part B are each worth 15 marks (total for the Assignment is 30 marks).

Word limit:The word limit is 750 words for each Part.

Your answers to the questions in Part A must not total more than 750 words. Each question in Part A has a suggested word length that you can use as a guide, but you are free to use more or fewer words for a given question, provided that the overall total word count for this part remains within 750 words. Your answer to Part B must not exceed 750 words, including the ‘formal’ parts of the letter – eg, address, date, greeting, etc.

The cover sheet is not counted in the word limit. There is no 10% margin of error on the word limit and you may not use footnotes to get around the word limit (eg, such as by placing extra text in the footnotes – footnotes should be used for the reference only as a general rule, not for added descriptions).

Style and Format: Your answers in Part A must be in full sentences, not point form. The letter should also be in full sentences and written in a formal, business-like tone. The letter should be submitted using either the suggested format (see the final page of this document), or another format you consider to be suitable for a formal business letter. Please note though that if the format is not suitable, marks for presentation will be reduced. See the section Notes/Advice, starting on page 5, for more information and tips on style, referencing and resources, etc.

Checklist:You must submit/deliver your assignment answers in accordance with the procedure outlined in the Learning Guide (i.e., must be submitted through Turnitin). Assignmentmust be submitted as required, or late penalties will begin to accumulate until received. In order to submit your assignment, please note the following:

Ø Please do NOT affix an Assignment Cover Sheet to your assignment.You do NOT require to include a Cover Sheet when uploading your assignment. Assignment Cover Sheets are automatically built-in to Turnitin.

Ø Part A: Numbered answers in a separate document – i.e., there is no need to include the questions, but you must number your answers consistently with the questions;

Ø Part B: Letter. Please start a new page for the letter, and set it out as a separate document from Part A.

It is not necessary to attach a copy of these instructions, or of the questions, as part of your assignment.

Marking:The marking criteria and standards are set out in the Learning Guide and will be used when marking and to provide feedback on your assignment. You may find it helpful to consult these while working on your assignment. See the Learning Guide for other information about marking and return of assignments, etc.

Assignment Due:Sunday, 22 September 2013 by 11 pm.
Part A: Short answer questions (15 marks)
Imagine you are about to start up a small business. There are a range of decisions you will need to make, for legal reasons, at certain steps of the set-up process. The following questions ask you about several decisions you would usually need to make if you were setting up a real business. While you are encouraged to think of your own idea for a business, and to be a bit creative here, this exercise does not require anything like a complex business plan or any financials. Importantly, the business does not need to be, and in fact should not be, a complex business or a large enterprise for the purposes of this assignment (this will not get more marks). It should however be tasteful / not offensive in nature. This exercise is intended to focus your attention on specific decisions that have a legal aspect, and to explain your reasoning in making those decisions to us in a clear and business-like manner. Do not simply copy the business described below in Part B.

Some suggestions that may be of help (and which you are quite entitled to use as a starting point) include:

• a retail shop (perhaps selling goods that relate to a hobby, sport or pass-time that interests you);

• a restaurant or cafe;

• a small business of a type you have some personal experience working in; or

• an online business selling consumer goods through a website.


1. Briefly describe the small business you would like to start, (outline facts such as what type of business it is, what it sells, who works there, where it is, etc). (2 marks – approx 120 words)

2. What type of business structure do you think would be the best one to adopt for the particular type of business you have described in question 1, above? (1 mark – suggest <10 words)

3. Explain why the business structure is the best one for this business. (3 marks – approx 150 words)

4. Write down a name you would like to give your business. (1 mark – suggest;”>

• Other internet resources may be used, provided they are reliable and reputable. Take care that internet sources are on Australian law.

• Other recent textbooks on Business Law (consult the Library catalogue).

Suggested format for the letter is over the page…the parts in square brackets are guides to what you should put where – overwrite these words and brackets with your own content.

Mexican Spices

12 Sharp Avenue

Kensington, NSW- 2032

Our reference: **** (invent a file number)


[ADDRESSEE – the lawyer]




RE: **********


Yours sincerely,



The Accounts Manager

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