ASSIGNMENT 2 - PROBLEM-BASED QUESTION Sophie has recently graduated with a degree in accounting and is looking for work. She comes across an advertisement for an accounting firm that is seeking an accounts clerk. After an interview, Sophie is offered a position, but the employer tells her that she will be paid in cash and that no taxes or superannuateon will be withheld or paid on her income. The employer explains that this arrangement will save both Sophie and the company money. Sophie is hesitant but is desperate for work and decides to take the job. After a few weeks, Sophie starts to feel uneasy about the arrangement and is unsure whether it is legal. What are the legal implications of Sophie accepting an offer of employment that involves an illegal contract to avoid taxation under the Australian contract law? In your answer, focus on (a) Elements of the contract (15 marks) (b). The legality of the contract (20 marks) Important: Answers must refer to the cases and legislation