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Greenwich English College *
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123
Subject
Law
Date
Nov 24, 2024
Type
docx
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2
Uploaded by SargentRiverPolarBear33
11.
In the context of contract law, what is the term for a situation where both parties have fulfilled
their obligations under the contract?
A) Breach
B) Novation
C) Performance
D) Repudiation
12.
Which legislation governs the protection of intellectual property rights, including patents and
trademarks, in Australia?
A) Copyright Act 1968
B) Patents Act 1990
C) Trade Marks Act 1995
D) Designs Act 2003
13.
Under Australian competition law, what is the primary focus of the prohibition against anti-
competitive conduct?
A) Protecting small businesses
B) Promoting market competition
C) Ensuring fair employment practices
D) Regulating import and export activities
14.
What is the key purpose of the Personal Property Securities Act 2009 (PPSA)?
A) Regulating product liability
B) Facilitating the registration of business names
C) Establishing a national system for the registration of security interests in personal
property
D) Enforcing consumer guarantees
15.
Which court in Australia hears criminal cases involving breaches of corporate law and white-
collar crime?
A) Federal Circuit Court
B) Magistrates' Court
C) Supreme Court of the relevant state
D) Australian Securities and Investments Commission (ASIC) Tribunal
16.
What is the maximum penalty for a corporation found guilty of engaging in cartel conduct
under the Competition and Consumer Act 2010?
A) $1 million
B) $10 million
C) $100 million
D) There is no maximum penalty for cartel conduct
17.
Under the Privacy Act 1988, what are the Australian Privacy Principles designed to protect?
A) Intellectual property
B) Personal information
C) Trade secrets
D) Employment contracts
18.
Which regulatory body oversees the registration and regulation of Australian auditors and
liquidators?
A) Australian Prudential Regulation Authority (APRA)
B) Australian Securities and Investments Commission (ASIC)
C) Australian Competition and Consumer Commission (ACCC)
D) Australian Taxation Office (ATO)
19.
What is the primary purpose of the Franchising Code of Conduct?
A) Protecting employees in franchise businesses
B) Regulating the sale of franchises
C) Ensuring fair dealing in franchising relationships
D) Enforcing intellectual property rights in franchises
20.
Under the Fair Work Act 2009, what is the role of the Fair Work Ombudsman?
A) Enforcing occupational health and safety regulations
B) Regulating competition in the job market
C) Protecting and promoting fair workplace relations
D) Administering workers' compensation claims
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