Second-Hand Car Dealer - Case Study - Management Assignment Help

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Assignment Task:

Task:

QUESTION A: (100 MARKS) – Business Law

Peter, a second-hand car dealer, purchased a car in the wholesale market for $15,000. Peter contracted to sell the car to David for $20,000, but David refused to take delivery of the car. Peter sued David for breach of contract.

Requirement:

(1)What damages can Peter claim? (40 marks)

 

(2)     If Peter later sells the car to another purchaser for $18,000, what damages, if any, would Peter be entitled to? (60 marks)

 

QUESTION B: (100 MARKS) –Corporations Law

 

Write a short letter of advice to a client whom has approached you, about which structure would be best suited to the client setting up a small coffee shop

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