Instructions: · Answer ALL the following four (4) questions · Ensure that each answer is at least 300 words in length · Refer to relevant court cases and legislation · Use APA style for all...

Business Law         3
BUSINESS LAW
Table of Contents
Response to the Questions    3
Question 1: Real Property and Personal Property    3
Question 2: Courts in Commonwealth and New South Wales    3
Question 3: Fixture    5
Question 4: Elements Established by a Plaintiff    6
References    8
Response to the Questions
Question 1: Real Property and Personal Property
The significant difference between the real property and personal property is that the properties which are movable are personal property while the property which had immovable are the real property. Personal property usually relates to those positions that are movable and are owned by a person. While, it is not a fixed to or associated with those aspects which are concrete like land. These movable items are also known as chattels. The laws regarding chattels usually comprises of possessions, gifts, lost property, abandoned property and stolen property. It is evident to know that a personal property includes both tangible and intangible items. In business the tangible items are the objects that are owned by the business. While the intangible items are stocks, bonds, money and intellectual property (Levine & Segev, 2020).
The real property describes the aspects that are attached to the land. This is the reason why these are also known as the real estate or the real property. The examples of real property can include buildings, roads, machinery, canals and reservoirs. According to land law, real property is often associated with the right to use manage and dispose of land and the objects that are attached to it. Thus, above explanation makes it clear that the modern law clearly distinguishes the real property and personal property on the basis of mobilization.
Question 2: Courts in Commonwealth and New South Wales
The hierarchy of the Commonwealth Court has been segregated into three levels full stop the high court, the federal court and the federal circuit Court. These low levels of courts were established to determine the matters that were arising under the laws of Commonwealth. The High Court of Australia is the highest court in Australia as established by the Commonwealth Constitution. It is the top most hierarchy of the federal courts. Moreover it also serves to be at the top of the hierarchy of the state courts and the decisions of the state Supreme Courts are appealed to the High Court.
The hierarchy is further...