Your text states at page xviii, "The first step in compliance clearly involves identifying the laws that apply to the business, the regulators who have jurisdiction in specific areas, the risks the business faces and legal issues that may arise. And it is not just a matter of putting together a one-off compliance program. Regular reviews, tracking changes to the law and ongoing effective education of staff about their legal obligations is essential for legal compliance and building 'a culture of compliance'." You and your family run a car dealership in Sydney and you now have the exclusive rights to sell the Skoda Fabia motor vehicles. (see the website below for basic product information) Complete a research essay setting out the key areas of law and compliance in Australia that would be highly significant to your particular business operations for selling this car. You would need to consider all chapters of the text that the course covers right up until Week 12. Part B 15 % 1000 words PROBLEM QUESTION "Manny and Bella are married and they decide in 2015 to set up a real estate business in Kent Street in the city. They call the business. Honest House Sales Australia Company but they do not register a company or business name. Just before they start trading they discover online that a business in West Australia has registered this name and is operating a website and retail outlet in Perth. The new business is a great success in Sydney for Manny and Bella but they decide not to pay any taxes because they believe that all of the income is theirs alone. They buy a block of land and find out that it is contaminated with asbestos materials and other poisons. They keep this information a secret and proceed to build a block of twelve flats on the land. They sell all of the flats without telling the purchasers about the land issues. Due to the growth of the city business Manny and Bella decide to set up a branch office in Parramatta, another area of Sydney. To reduce expenses they decide to pay their staff in cash. Manny believes that the best staff members are males and he convinces his wife Bella that all of the staff at the new office will be males. They will not hire females." Discuss the different areas of law that Manny and Bella breach. Be sure to explain who may take legal action against them and what remedies and penalties could be applied.