MBS 518 Principles of Business Governance Assignment-Murdoch University Australia.

This assignment is worth 40 marks. It must not exceed 1100 words. The
assignment is due by 5 pm 18th September 2020 WST . Students must submit their assignments in electronic form in the Drop box marked Assignment.
MBS 518 Principles of Business Governance Assignment-Murdoch University Australia.

This is an individual assignment.
In answering the assignment you must use a 12 size font, double spacing and default Microsoft Word margins. The mark for your assignment will be
determined by reference to the quality of its analysis, its clarity and organisation, and its presentation, including its freedom from distracting stylistic errors(grammatical, spelling, punctuation and typographical). Where appropriate,reference should be made to statute sections, cases, texts and other commentary.

Late assignments will have 10% of the marks deducted per day or part thereof.Extensions for the assignment will be granted only in exceptional circumstances.If something exceptional arises that you believe requires an extension you should contact me (preferably by e-mail) before the due date. Reasons which are insufficient to warrant an extension include computer failures, car failures or other transportation difficulties, work conflicts and other study commitments

Cases decided by courts and tribunals have a name, a year of decision, report title, report volume, and report page number. All of these details should be included in the first citation of the case. E.g. Stevens v Brodribb Sawmilling(1986) 95 CLR 523. After that the case can be referred by name only. Where you have found out the details of the case from a summary or other source and not from the case report itself, your sentence should conclude with that source. E.g.

In Stevens v Brodribb……(van der Waarden 2010, p18). Note, this example is
appropriate for Chicago style referencing; the end of sentence reference will be denoted differently depending on the reference style.

Legislation should be named with the year of parliamentary approval and
jurisdiction listed as part of its name. E.g. Fair Work Act 2009 (Cth). Cth is an abbreviation for Commonwealth. WA is the abbreviation used for Western
Australia. If you are referring to a particular section of an Act, you should name the act first and then add the section. E.g. Fair Work Act 2009 (Cth) s. 117.

Once you have cited cases and legislation appropriately in the text of your paper,you should NOT list them again in your list of references. Nb. Reference lists include books, articles, internet documents, etc.

Assignment question
Susan Hirose was the proud owner of a painting by Japanese artist Akira Yamamo to that depicted a famous place that is at once a sacred shrine, a battleground and a historical landmark and simply called “Morning Glory”.

MBS 518 Principles of Business Governance Assignment-Murdoch University Australia.

On June 1st he placed an advertisement in the West Australian putting the painting up for sale at $350,000. On June 2nd, Alice Hiroshi came over to her house to have a look. She said to Susan ” I like the painting but not the frame it is in. What would you say to removing the frame and reducing the price of the painting ?”

Susan said she would have a think about it. On June 5th, Susan wrote to Alice. In the letter she said “I am afraid I cannot change the frame or reduce the price. I want to know by June 15th whether you want the painting at the original price of $350,000. Please reply by post”.

At the same time that Susan posted her letter, Alice also posted a letter to her. In the letter she said that she had second thoughts about the painting and decided that she would take the painting, frame and all for $350,000.

Both Susan and Alice received their respective letters on June 8th. No response to these letters is recorded.

On June 10th, Alice attended an art opening. During the course of the evening, she spoke to a famous art dealer and expert, Andy Warhorse, who advised Alice that in the previous evening, he had negotiated and finalised the sale of the “Morning Glory” on behalf of Susan Hirose for $350,000.

On hearing this Alice immediately returned home and sent another letter to Susan in which she insisted that she had legally bought the painting for $350,000 as stated in her letter to Susan dated June 5th. Alice confirmed that she was indeed buying the painting as stated in her letter to Susan dated June 5th.

MBS 518 Principles of Business Governance Assignment-Murdoch University Australia.

(A) Trace the legal consequences of ALL communications and advise Alice of her contractual position with Susan.
(B) Would your answer be different if Andy Warhorse was not an art dealer and expert but just a neighbour that Alice met at the art opening ?