Legal Aspects Of Australian Company: Wholesale Corporation

Academic Anxiety?

Get an original paper within hours and nail the task

156 experts online

Free Samples

Legal Aspects Of Australian Company: Wholesale Corporation

.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}

Legal Aspects Of Australian Company: Wholesale Corporation

0 Download5 Pages / 1,184 Words

Write about the Legal Aspects of Australian Company for Wholesale Corporation.

Details about Costco Wholesale Corporation
Description about a multinational company Costco Wholesale Corporation is given. The company operates the international chain. The company was found in 1983 in Seattle, Washington. From Delaware to Washington, the company was re-incorporated on 30 August 1999. The industry of Costco operates with confectionaries, organic foods, groceries, automatic supplies, appliances, hardware, toys, tyres, sporting goods, cameras, watches, jewelleries, health and beauty aids, house wares, books, furniture, tobacco, office equipments and many other products. Top quality regional and national brands are available in Costco where retail outlets available. Under one roof all the products are available in Costco which is a warehouse. Low overhead operation is enabled in this business (Du Plessis, 2010). The Kirkland Signature products are operated in the market of Costco. Costco is a foreign own private limited. The company is in Australia and it is U.S based Wholesale Corporation. In Australia headquarter of Costco in New South Wales, South Australia, Queensland and Victoria. Globally the headquarters of Costco is in Washington, Issaquah and United States. The area served by the operation of these industries is Canada, United States, South Korea, United Kingdom, Mexico, Taiwan, Spain and Australia. Globally the number of staffs in Costco is 189,000 who work in full time and part time basis (Mallin, 2011). There are 225 part time and full time employees in Costco in Australia. About 2,355 people are linked with the operation of the wholesale market in the company. There are eight sites of the company in Australia: Victoria, New South Wales, ACT and Queensland.
Regulatory Framework of the company
There are employment laws, GMO regulations and Tax reforms which are needed to be maintained as these are the regulatory rules of the company. The trade agreement is made by Costco with American whole sale market before forming any contracts. Certain tax laws has been made by the company where it is described that there will be mark-ups for the selling goods like gasoline, alcoholic beverages and tobacco products. Compliance of charges of higher price affected the retailers because of such laws (Minahan, 2012).
The policy is made for the benefit of the company. This policy implies that the price has kept lower than the manufacturer than the retail price. For the retail of the price more tax is applied on the manufacturers and the consumers of the market. There should be minimum mark-ups on the selling price but for selling gasoline, alcoholic beverages and tobacco products, the cost price has been decreased which is less than the mark price (Dawkins, 2012). This gave low profit to the company and the business of Costco which is the reason that loss had to be faced by the company. In such case the consumers are in profit but the company is in loss because the manufacturers are also running loss who does not want to sell the product in minimum price as the cost price is less than the marked price. Under the state and federal legislation, the enactment of the legislation has been made through which the impact on the company is noticed.
Agreement, Treaties and Conventions Impact on the Service of the Products
A treaty was made on Omega v. Costco on first sale doctrine. According section 602(a), of Copyright Act a treaty was made between omega and Costco. On 25th May in the meeting at the headquarter of Geneva World Intellectual Property Organization is formed which is based on the treaty of Standing Committee on Copyright and related Rights (SCCR) that in the eighteenth session minimum flexibilities has been made where market bases solutions are discussed about the sale plan (Waterhouse, 2010). The non profit acceptance has been described in the company.  On that treaty a convention is formed known as Berne Convention. As per Article 4 of Copyrights Act, the affect on the electronic appliance are found in Costco. Later the claim has been given by the government that infringed goods are sold in the market of Costco with high market price. In that treaty and convention plan the quality of the products have made signature which is later changed in the proper market value of the product (Calboli, 2013).
According to Fair work act 2009 Costco Wholesale Enterprise of Australia made an agreement on 25th January 2017 and the agreement based on the single enterprise agreement. In the agreement it was described that under section 183 (3) of fair work act, the employees in the company should do their work fairly and the extra income will be provided by the company. There were statutory laws described in the agreement which is needed to be followed by the employees of the company (Worth, 2015). The time period of the act is seven days. In the agreement the term is needed to be discussed that the products in the market should keep a minimum marked priced through which the coordination of the company can be followed properly.
The quality of the product of Costco is god but it has high market values through which the market plans are needed to be maintained. All the treaties and agreements has discussed that because of the sales value in the market the customer are afraid to buy products from the wholesale market of Costco but if at the same time quality rate is discussed than it can be said that it provide high quality market value on the products (Whish, 2015). It is necessary that price and the market value should be maintained but on the basis of the sales value. After the entire analysis it has found that as the traditional market of the sales are found than it is analysed that the sales of goods are perfect in the organization. The product review is best. It is one of the second largest company globally which stands on the basis of the marketing value. The framework of the company shows that inflation of the company really occurs which is the reason that various aspects causes problem in the company and the employees are also affected by that (Barnes, 2010).
Barnes, A., & Lafferty, G. (2010). The Fair Work Act: as good as it gets?. The Economic and Labour Relations Review, 21(1), 1-12.
Calboli, I. (2013). Corporate Strategies, First Sale Rules, and Copyright Misuse: Waiting for Answers from Kirstaeng v. Wiley and Omega v. Costco (II).
Dawkins, C. E. (2012). Labored relations: Corporate citizenship, labor unions, and freedom of association. Business Ethics Quarterly, 22(03), 473-500.
Du Plessis, J. J., Hargovan, A., & Bagaric, M. (2010). Principles of contemporary corporate governance. Cambridge University Press.
Mallin, C. A. (Ed.). (2011). Handbook on international corporate governance: country analyses. Edward Elgar Publishing.
Minahan, S. M., Huddleston, P., & Bianchi, C. (2012). Costco and the Aussie Shopper: a case study of the market entry of an international retailer. The International Review of Retail, Distribution and Consumer Research, 22(5), 507-527.
Waterhouse, J., & Colley, L. (2010). The Work-Life Provisions of the Fair Work Act: A Compromise of Stakeholder Preference. Australian Bulletin of Labour, 36(2), 154.
Whish, R., & Bailey, D. (2015). Competition law. Oxford University Press, USA.

Free Membership to World’s Largest Sample Bank

To View this & another 50000+ free samples. Please put
your valid email id.


Yes, alert me for offers and important updates


Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

UploadUnique Document

DocumentUnder Evaluation

Get Moneyinto Your Wallet

Total 5 pages


*The content must not be available online or in our existing Database to qualify as

Cite This Work
To export a reference to this article please select a referencing stye below:


My Assignment Help. (2018). Legal Aspects Of Australian Company: Wholesale Corporation. Retrieved from https://myassignmenthelp.com/free-samples/legal-aspects-of-australian-company-wholesale-corporation.

“Legal Aspects Of Australian Company: Wholesale Corporation.” My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/legal-aspects-of-australian-company-wholesale-corporation.

My Assignment Help (2018) Legal Aspects Of Australian Company: Wholesale Corporation [Online]. Available from: https://myassignmenthelp.com/free-samples/legal-aspects-of-australian-company-wholesale-corporation[Accessed 19 December 2021].

My Assignment Help. ‘Legal Aspects Of Australian Company: Wholesale Corporation’ (My Assignment Help, 2018) accessed 19 December 2021.

My Assignment Help. Legal Aspects Of Australian Company: Wholesale Corporation [Internet]. My Assignment Help. 2018 [cited 19 December 2021]. Available from: https://myassignmenthelp.com/free-samples/legal-aspects-of-australian-company-wholesale-corporation.

.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}


Thank you for your interest
The respective sample has been mail to your register email id


$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1

Account created successfully!
We have sent login details on your registered email.



Getting nightmare regarding pending chemistry assignment? Then it is high time you consider hiring chemistry assignment help service of MyAssigemnthelp.com. We at MyAssignmenthelp.com deliver quality subject specific assistance on more than 100+ subjects. For us, students’ need is foremost, and we work round the clock to offer science, humanities and commerce assignment help. Among Commerce wing, our one of the most popular services is capital budgeting assignment help. In science segment, we have gained popularity with biology assignment help.

Latest Business Law Samples

div#loaddata .card img {max-width: 100%;

BU1112 Business Law
Download :
0 | Pages :

Course Code: BU1112
University: James Cook University

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Part A
Whether Stella is considered as an employee of PRX?
The main difference between employee and independent contractor is stated below:
Employee entered into contract of service, but contractor entered into contract for services.
Employer exercise control over the employee but no control was exercised by employer on contractor. It is considered as traditional test which was developed in Zuijs v Wirth Bros(Zuijs…
Australia South Lake Management health finance management  University of New South Wales 

BSBWHS605 Develop Implement And Maintain WHS Management Systems
Download :
0 | Pages :

Course Code: BSBWHS605
University: Swinburne University Of Technology

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Work Health and Safety Management System (WHSMS) is a collection of plans, tools, activities and processes. List 3 of these plans, tools, activities or processes and explain what they are,
The means, nitty gritty beneath, can be utilized whether the arranging procedure is straightforward or complex. They are:
Evaluating the current word related to wellbeing and security status including the ‘administration framework’ Lussier, R. N…
Australia Brisbane Management Work Health and Safety Management System (WHSMS University of Brisbane MBA 

BUSN331 Business Law
Download :
0 | Pages :

Course Code: BUSN331
University: Centennial College

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Canada

In Alberta, the Residential Tenancies Act applies to all the people in this jurisdiction, who rent their space out (Alberta Queen’s Printer, 2016). Through this act, the rights and responsibilities of the landlords and tenants are brought forward (Landlord and Tenant, 2015).
Question 1
Before a tenant can move in the rented accommodation, the tenant and the landlord have to reach an agreement, with regards to the…
Australia Edmonton Humanities Management University of New South Wales Masters in Business Administration 

LA1040 Contract Law
Download :
0 | Pages :

Course Code: LA1040
University: University Of London

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

A contract is an agreement between the parties which is enforceable legally in the courts. There are several provisions of law which governs how the terms related to the contract would operate. A contract consists of a set of provisions which are known as contractual terms. The weightage of such terms are not equal as one term may have a more significant consequence as compared to the other in relation to their brea…
United Kingdom London Economics Management University of London 

TLAW202 Corporations Law
Download :
0 | Pages :

Course Code: TLAW202
University: Top Education Institute

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

If any person wants to carry out his business in the form of a company, then, it is necessary that the registration or incorporation requirements of such country must be met. In Australia, the Corporation Act 2001 and the guidelines laid down by ASIC provides with the steps that must be accomplish in order to establish a corporate entity.  (Malbon & Bishop, 2006).
A company is of great significance as it is treated as a …


Need an essay written specifically to meet your requirements?

Choose skilled experts on your subject and get an original paper within your deadline

156 experts online

Your time is important. Let us write you an essay from scratch

Tips and Tricks from our Blog

11174 Introduction To Management

Free Samples 11174 Introduction To Management .cms-body-content table{width:100%!important;} #subhidecontent{ position: relative; overflow-x: auto; width: 100%;} 11174 Introduction

Read More »