Apply legal principles in contract and consumer law

Question 1 Explain the main differences between: a) Delegated legislation b) Common law and c) Equity law. Question 2 Describe the Principle of "Separation of Powers'. Question 3 Explain how laws are enacted and their underlying policy aims. Question 4 In terms of the Constitution, who has the power to: 1. Deal with several different laws relating to important matters such as leasing, workers’ compensation and business licensing. Question 5 Private law is described as dealing with the relationship between individuals and private corporations and organisations. How would you describe Public law? Question 6 1. List and explain 3 reasons why the court hierarchy is important. 2. List and describe 3 tribunals and their functions. Question 7 Cons Pty Ltd, a building company, and Smart Pty Ltd, a financial company, join forces to build a railroad for the government. Smart raises the funds needed by Cons to complete the project. Cons makes a mistake with the construction and the track work needs to be re-done. Cons argues that Smart should pay for the mistake, as they were involved with the ‘partnership’. Smart argues they are liable for Cons mistake as they only had a ‘joint venture’. Explain which argument you support and why? Question 8 All businesses need to be aware of their legal requirements and what they need to do under the law to remain compliant. List 3 of ASIC’s legal obligations which small businesses need to adhered to in Australia. Question 9 1. Which Act governs partnerships? 2. Where are limited and incorporated limited partnerships registered in Victoria?