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Monday, March 26, 2012

Cert-IV Law (Day) Assessment Information - weeks 2 & 3

Hi All,

 

Today’s class was fun. Here’s a little information for you re next week.

 

Cheers…
Chris

 

 

Information regarding the FNSACC403A assessment in week 3

 

There are 30 multiple choice questions covering the topics from weeks 1 & 2.

 

There are:

·        16 questions on the Australian Legal System (chapters 1 & 2)

·        12 questions on Business Structures (chapters 5 & 7)

·        2 questions on Agency (chapter 6)

 

 

Brief guide to the homework from week 2

 

Case Assignment 6.1

 

Has Marty Pendall breached his duties as an agent?

 

An agent must act in the best interests their principal. This includes;

-       fully disclosing any conflicts of interest

-       not accepting secret commissions

 

Marty has breached the above duties, by pursuing his own deal rather than properly representing the Eustons. If Marty makes $100,000 (by selling the property to the developer for $400,000) it would be a secret commission.

 

 

 


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