StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Review of Current Newspaper Article ( Business Law ) - Essay Example

Cite this document
Summary
The author discusses how the McFeddans battled for the indemnification of their losses for the inability of the builders to complete their house that cost them big amount and the refusal of the insurance company to pay their claims on the grounds that they are not covered by the Home Warranty Insurance Scheme.
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
Review of Current Newspaper Article ( Business Law )
Read Text Preview

Extract of sample "Review of Current Newspaper Article ( Business Law )"

Introduction To Business Law Spring 2008 Assignment Part Current Article http www.smh.com.au/news/national/rubble-trouble-how-our-system-fails/2008/09/21/1221935450246.htmlpage=3Item ResponseMark1.1 Author and DateBurke, Kelley - 22 September 20081.2 Publication and Page/URLThe Sydney Morning Heraldhttp://www.smh.com.au/news/national/rubble-trouble-how-our-system-fails/2008/09/21/1221935450246.html1.3 How did you locate this articleSearch Term: Fair Trade; Consumer Protection1.4 Summary of the ArticleThe article presents the agony of McFeddans family having been victims of unfair trade and the inefficiency of the imposition of consumer protection.

The author discusses how the McFeddans battled for the indemnification of their losses for the inability of the builders to complete their house that cost them big amount and the refusal of the insurance company to pay their claims on the grounds that they are not covered by the Home Warranty Insurance Scheme. The article shows the long process of litigation discussing that the "supreme court ruled in favor of the McFeddans" but the builders applied to the Court of Appeals.The article stresses on the process where the McFeddans cannot compel the insurer to pay them unless the builders are declared bankrupt. 1.5 Why did you choose the articleThe article is relevant in the study of fair trade, insurance, and consumer protection which are part and essential topics in the Introduction to Business Law.

How does this article relate to a topic in Introduction to Business LawThe article illustrates how the Australian government fails to provide enough protection to consumers like McFeddans family who have spent their money and time waiting for the completion of the house they have dreamed of only to be devastated because of the long process of the government to run after private insurers and the builders who take refuge in bankruptcy proceeding and who practices unfairness in trade. It is an article that enlightens the researcher on the importance of knowledge in business law.

Part 2: Related Casehttp://www.minterellison.com/public/connect/Internet/Home/Legal+Insights/Alerts/NA-Warranty+insurance+WA2.1 Add a case related to this articleVero Insurance Ltd v Harden-Jones & Anor2.1.1 How does this case related to the articleThe case is related to the article as it is a decided case that questions the legality of the policies of Home Building Warranty Schemes and ruled that the deeds of indemnity could be characterized as contracts of re-insurance and that "there was a genuine question as to whether the deeds were illegal by reason of non-compliance with the Insurance Act (Innovative Insights, 2007)." 2.1.

2 How many judges decided this caseOne (1)2.1. 3 Name themJudge Philip Eaton2. 2 In what jurisdiction was this case heardWestern Australian District Court Was this an appellate decision or originalOriginal Part 3: Related Statute : http://0-www.austlii.edu.au.prospero.murdoch.edu.au/au/legis/tas/consol_act/hia1992211/s7.html3.1 Add an Australian statute related to this article.Housing Indemnity Act 1992 - Sec 7 (a).3.2 Explain how this section is connected to the articleThis section of the Act provides "warranty that the building work will be performed in a proper and skilled manner and in accordance with the plans and specifications agreed to by the parties.

"This provision of in the Act was not fulfilled the case of the builders of the house of McFeddans. References:Burke, K. (2008) "Rubble trouble: how our system fails," The Sydney Morning Herald. Retrieved, September 28, 2008 from http://www.smh.com.au/news/national/rubble-trouble-how-our-system-fails/2008/09/21/1221935450246.htmlHousing Indemnity Act 1992. http://0-www.austlii.edu.au.prospero.murdoch.edu.au/au/ legis/tas/consol_act/hia1992211/s7.htmlMinter, E. (2007). "WA decision puts home owners warranty (HOW) market on tenterhooks.

Innovative Insights. Retrieved, September 28, 2008 from http://www.minterellison.com/public/connect/Internet/Home/Legal+Insights/Alerts/NA-Warranty+insurance+WA

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Review of Current Newspaper Article ( Business Law ) Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1524971-review-of-current-newspaper-article-business-law
(Review of Current Newspaper Article ( Business Law ) Essay)
https://studentshare.org/miscellaneous/1524971-review-of-current-newspaper-article-business-law.
“Review of Current Newspaper Article ( Business Law ) Essay”, n.d. https://studentshare.org/miscellaneous/1524971-review-of-current-newspaper-article-business-law.
  • Cited: 0 times

CHECK THESE SAMPLES OF Review of Current Newspaper Article ( Business Law )

Current Event Review

The business can be harsh on any employee who intends to or already has blown the whistle.... Bill of Rights and Whistleblower Protection Act of 1989 from institutions who try to current Event Review: Inside President Obamas War On the Fast & Furious Whistleblowers In the article, “Inside President Obamas War on the Fast & Furious Whistleblowers” the author talks, about the outcome of whistleblowers after they came forward with evidence of institutional wrongdoings; and, specifically, about the outcome of whistleblowers during the Fast & Furious Operation....
1 Pages (250 words) Article

Current Event Review 2

hellip; Another source of worry highlighted by the surveys, which also tends to be a gross violation of business Ethics, is that search engines Current Event Review Parents Say Social Networks Dont Protect Childrens Privacy The article “Parents Say Social Networks Dont Protect Childrens Privacy” by Ingram (2010) published in the Bloomberg BusinessWeek reports on the basis of recent surveys conducted which highlight the growing concerns among parents regarding their children's online privacy....
1 Pages (250 words) Article

Current Event Review 4

hellip; have revealed that X-ray body scanners which employ “backscatter” ionized emission technology are lethal enough to spoil DNA and possibly result in cancer, thereby causing a gross violation of business Ethics with reference to health and safety.... Studies have revealed that X-ray body scanners which employ “backscatter” ionized emission technology are lethal enough to spoil DNA and possibly result in cancer, thereby causing a gross violation of business Ethics with reference to health and safety....
1 Pages (250 words) Article

Review of Current Event Article: Okinawa marks 40th anniversary

Task: review of current Event Article: Okinawa marks 40th anniversary The commemoration event of prefectures return to Japan was attended by high profile officials and youths in Okinawa.... He pointed out that there should be a review of the laws governing the American military operation in Japan....
1 Pages (250 words) Article

Workability of the British Governments Planning

Even though the prime minister insists on his fiscal plan for the year, the forecast for the gross domestic product of the country for the fiscal year 2013-14 seems to drop by 6.... per cent lower than as was expected in June 2010 when the government promised to raise it.... The… minister claims that, because the total deficit of the country had been paid quarterly, the plan had begun to work well and would not bow to any advice to turn his mind....
1 Pages (250 words) Article

International business law

The article is important to international business and international law in terms of asserting that international legal organizations should provide urgent and immediate action to prevent the use of chemical weapons on rebel-held areas, in whatever country.... In an article entitled “US Says It Has Indications Toxic Chemical Was Used In Syria In April” published online in the International business Times, the information disclosed alleged indications that the Syrian government could have used chlorine, pegged as a toxic chemical,… There had been a reported violation of the pledged destruction of chemical weapons arsenal by the Syrian government....
2 Pages (500 words) Article

Samsung and Apple

One of the greatest achievements by Samsung is being the current leader in the market scope, with Apple Samsung's Different Strategy from Apple Making a success in a highly competitive market can be the greatest challenge, especially when the competitors include the biggest players in the industry.... One of the greatest achievements by Samsung is being the current leader in the market scope, with Apple coming in second (Nisen)....
1 Pages (250 words) Article

Newspapers and how They Attract the Next Generation

Regarding, reference should be made to the current role of newspapers, especially regarding ions of Gen Y.... This paper ''Newspapers and how They Attract the Next Generation'' tells that The success of businesses in the modern market is related to different factors.... ach sector's  is considered for estimating the sector's prospects shortly....
6 Pages (1500 words) Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us