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- A business entity incorporated under the laws of one of the European Union (EU) member nations contracts with the government of a developing nation to form a joint venture for the mining and refining of a scarce raw material used by several industrial nations in the manufacture of highly sensitive weapons systems. The contract calls for the EU-based corporation to invest money and technology that will be used to build permanent refinery plants that eventually will revert to the developing nation. The developing nation also reserves the right to set quotas on sales of this scarce resource and to choose the destination of exports. Due to political conflicts, the developing nation refuses to allow any exports of the scarce material to the United States. This causes a sharp price increase in exports to the United States by other suppliers. The United States asserts antitrust violations against the EU-based corporation for the effects produced within the United States. Should the United…Susan owns a security company in Melbourne, Victoria where the Government has mandated minimum wages for security guards. She believes that another company is employing foreign students as guards and paying them cash at a much lower rate. This case, if taken to court, would be heard in: Australian Competition and Consumer Commission (ACCC) NSW Consumer, Trader and Tenancy Tribunal County Court of Victoria High Court of AustraliaEnforcing contracts that cross international borders is: the responsibility of Interpol. simply a matter of applying the local law to the contract. secondary to who has possession of the goods, regardless of title. quite complicated and governed in most nations by the CISG.
- Russell lives in United Arab Emirate (UAE) for the last 10 years. He has been separated from his wife, Kate since 2013, who resides in Barbados. In January 2023, he visited Barbados for a short vacation and the couple rekindled their relationship. On his departure in February 2023, he requested her to come to UAE to reside with him. As a token of his request, he promised her an allowance of USD$1000 per month, if she joins him in the UAE. She eventually migrated to UAE in April 2023, but Russell failed to make payments as promised. Kate subsequently sued him for the non payment of the monthly allowance. Russell is arguing that his wife has no valid case, because there was no intention to create legal relation. His wife knows that you are currently pursuing Business Law and is seeking your advice on this matter using the IRAC method. UK lawRequirements that are needed for another country and foreign enforceable contract in protecting business interestsExplain how Public and Private business laws can apply to international contracts of sale of goods?
- Which of the following is considered a main source of Australian law? Option- 1. Case law, which is found in decisions of the US Supreme Court. 2. Legislation passed by the State and Commonwealth parliaments. 3. The common law and statute law of England that has not been repealed. 4. All of the above.Kyllo v. United States (2001) (a) Do you agree with the Court or the Prosecutor? (b) Should what radiates from a private home be protected?Business law discuss
- Internal misuse of information and communications technology by public sector employeesICT may be both the target of criminal activity, as well as a tool used to facilitate criminal acts (Choo, Smith & McCusker 2007). Instances of misuse of ICT within the public sector may fall within the definition of fraud provided in the Commonwealth Fraud Control Guidelines 2011 (the Guidelines), namely ‘dishonestly obtaining a benefit, or causing a loss, by deception or other means’ (AGD 2011: 5). According to KPMG (2013), the most concerning frauds against organisations are those perpetrated by employees, as they tend to be committed for longer periods and may cause more reputational damage than external fraud. Over a three year period between 2008 and 2011, the estimated value of internal fraud against the Commonwealth has steadily increased, from $1.9m in 2008–09 (Lindley & Smith 2011) to $3m in 2010–11 (Jorna & Smith 2013). Internal misuse of ICT is an important area of concern as…Zuze is the manager of Treasure Hunters a small Botswana-registered company thatsalvages sunken ships around the world and operates through a Botswana dry- port in Walvis Bay.Andrew is a specialist diver who has worked for Zuze for four years and is paid in Dollars. Due to the nature of the job, Andrew spends most of his time away from his home, living and working in the Caribbean. Andrew has just returned to work after four months’ sick leave following an accident that left him unable to work.On the latest salvage expedition, Andrew was getting ready to dive when he noticed that some of the equipment was unsafe to use. He told Zuze that the unsafe equipment would have to be replaced before he could dive. Zuze told him to get on with it. When Andrew refused, Zuze told him she had had enough of him and if he didn’t like it then he could look for another job. Two days later, Andrew received a letter from Zuze stating that he had been dismissed and he was not to return.Bonolo also works…5.