Credit Points 10

Legacy Code 200432

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Description In this unit, students learn about the concepts of law, its impact on businesses, and how to apply the law to solve practical legal problems that arise in business. The unit is designed to help you identify where potential legal issues or problems can arise in business. It deals with concepts of Australian law and commercial legal obligations that are of importance both to professional practice and to studies in later units. The unit topics are: Australian Legal Institutions and Sources of Law, Case Law and Doctrine of Precedent, Legislation and Statutory Interpretation, The Australian Federation and Concepts of Constitutional Law, Principles of Tortious Liability, the formation, vitiation, performance and discharge of contracts, forms of business structure, consumer transactions, consumer protection and agency.

School Law

Discipline Business and Commercial Law

Student Contribution Band HECS Band 4 10cp

Level Postgraduate Coursework Level 7 subject

Incompatible Subjects LAWS 3009 - Commercial Law

Restrictions

Students must be enrolled in a postgraduate Business program or in program 3748 Master of Information Governance. Other students wishing to take this subject as an elective need approval from the Academic program Advisor. The online offerings for this subject are only available to students enrolled in the fully online programs 2793 Master of Financial Planning and 2795 Graduate Certificate in Financial Planning.

Learning Outcomes

On successful completion of this subject, students should be able to:

1. Discuss the origin and development of law and legal institutions in Australia and their social, political and commercial context;
2. Apply common law and statute law to tortious, contractual, consumer and agency relationships to resolve legal issues;
3. Examine the various business entities and their legal responsibilities to solve practical legal problems.

Subject Content

1. Sources of law in Australia including customary law.
2. The Australian legal system - case law, doctrine of precedent, legislation, statutory interpretation, legal reasoning and problem solving.
3. Tort law with a focus upon negligence.
4. Contract law.
5. Consumer law.
6. Agency law.
7. Business structures and legal responsibilities.
8. Business Ethics.