Assignment overview The purpose of this assessment task is for you to independently research the relevant legal issues in this problem below. Assignment details Late Submissions: Unless an extension has been approved, late submissions will result in a penalty. You will be penalized 10% of the assessment’s worth for each calendar day the task is late, up to a maximum of 5 days. After 5 days, a zero result will be recorded for the respective assessment. Extension: Any extension request must be made prior to the due date and supported by documented reasons. Extensions can only be given once and up to a maximum of 7 days. Any extension request beyond this period (7 days) will need to be processed via the University’s Special Consideration procedure.
Format: The assignment must be typewritten and comply with the following: Double-spaced in Times New Roman font size 12 You may use default left and right margins on Microsoft Word To avoid plagiarism, you are required to provide a reference whenever you include information from other sources in your work. Further details regarding plagiarism are available in Section C of the Unit Outline. Referencing conventions required for this unit must comply with either the Swinburne Harvard Style Guide or the Australian Guide to Legal Citation (3rd Edition). Helpful information on either of these referencing styles can be found at Links to an external site.
Assignment Question Bob Burke is a graduate in marketing. After working for a well-known marketing firm for three years, he decides to establish his own business specializing in marketing issues relevant to business websites. He inspects an office in a new shopping centre in Melbourne owned by Southfield Shopping Centre Ltd (Southfield). The managing director of Southfield is Ken Keen. Bob wants an assurance to that effect that no other similar business will be allowed to lease premises at the shopping centre before he signs the lease. This is verbally agreed and given by Ken. Bob signs the lease agreement without reading it.
The lease agreement contains a clause to the effect that the lease terms and conditions represent the entire agreement between the parties and excludes any oral or verbal representations by any representative of Southfield. The shopping centre proves to be a financial failure for Southfield due to the high vacancy rate of the shops. Accordingly, six months later, the company allows another business that is similar to Bob’s to lease premises in order to help reduce the financial pressure upon it. As a result, Bob’s business declines due to the competition. When Bob complains to Ken, he is told that there is no clause in the lease agreement preventing the company from letting premises to a competitor in the same industry, and that the verbal assurance given by Ken is not binding because of the disclaimer clause in the lease contract. Advise Bob of any rights he may have under Common Law
and statute. (Links to an external site.)Links to an external site. Submission details overview This assignment will be submitted via Turnitin. You will find the relevant submission point below. The date of submission recorded in Turnitin shall be deemed the actual submission date. Assignment criteria Identification of issues. Identification of the source of the law on each issue: case law, statute. Accurate explanation or justification of the relevant law on each issue. Application of the relevant law to each issue. Presentation and organisation of work in a logical manner. Your work will be assessed using the following marking guide: Business Law homework help