LAW4196 Study Guide - Final Guide: Consumer Affairs Victoria, Consumer Credit Protection Act Of 1968, Standard Form Contract
Document Summary
It is not expected that students would cover all issues mentioned in the guide, and some matters not mentioned here may well be relevant and deserving of good marks. In some aspects the notes are more comprehensive than that required for answering the questions. Mary obtained advice from jack who suggested that she move monies out of her superannuation fund and into a self-managed superannuation fund that she would manage. She followed his advice and invested in coastal plains, which is a managed investment fund. Coastal plains appears to be investing all the investment monies it obtains into a building project undertaken by serene coast pty ltd (although this is not completely clear on the facts). The project suffered substantial cost overruns, and the company was eventually wound up causing mary to lose all the monies she had invested in coastal plains.
