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Unit Summary
Unit type
PG Coursework Unit
Credit points
12
AQF level
Level of learning
Introductory
Former School/College
Unit aim
This unit is designed to introduce students to the legal system, business law, consumer law and company law and related matters. It is important for all persons, accountants and business administrators to have an appreciation of the role played by law in regulating and serving society and the business community. The legal principles will be examined in relation to commercial transactions and business and other associations. The unit will also examine the ways in which society, the legislature and the judiciary affect the lawmaking process, enabling it to meet the changing needs of society. This unit also involves the study of the law of negligence and examines corporations law with regard to formation, operation, administration, corporate governance and fundraising. This will include a detailed study of the law relating to directors and management, members' rights and financing of a corporation. We will examine in detail the Corporations Act and relevant case law.
Unit content
- The Australian Legal System
- The Courts and the legal profession
- The Australian Constitution
- The law of Contract Part 1
- The law of Contract Part 2
- Supply of Goods and Services and Consumer protection
- Law of torts - Negligence
- The law of Agency
- The law of Partnerships
- Company law Part 1
- Company law Part 2
Learning outcomes
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
| On completion of this unit, students should be able to: | GA1 | GA2 | GA3 | GA4 | GA5 | GA6 | GA7 | |
|---|---|---|---|---|---|---|---|---|
| 1 | Understand the structure of the legal system and the legal implications of problems and proposals relating to commercial transactions | |||||||
| 2 | Explain the legal rules and principles in those areas of law that may be encountered by business professionals | |||||||
| 3 | Understand and analyse the legal aspects of business transactions, consumer protection laws, the duty of care principles in the law of negligence, agency, partnerships and companies, particularly in respect of the rights, obligations, duties and liabilities of agents, partners, company members and directors | |||||||
| 4 | Analyse the legal issues in complex consumer and corporation situations and apply relevant legal principles to the resolution of these issues, and express this in clear and logical language | |||||||
On completion of this unit, students should be able to:
-
Understand the structure of the legal system and the legal implications of problems and proposals relating to commercial transactions
- GA4:
-
Explain the legal rules and principles in those areas of law that may be encountered by business professionals
- GA1:
- GA4:
-
Understand and analyse the legal aspects of business transactions, consumer protection laws, the duty of care principles in the law of negligence, agency, partnerships and companies, particularly in respect of the rights, obligations, duties and liabilities of agents, partners, company members and directors
- GA1:
- GA4:
-
Analyse the legal issues in complex consumer and corporation situations and apply relevant legal principles to the resolution of these issues, and express this in clear and logical language
- GA1:
- GA2:
- GA6:
Prescribed texts
- Commonwealth Government, 2017, Australian Corporations Legislation, LexisNexis, Australia. ISBN: 9780409336863.
- Lindgren, KE, 2011, Vermeesch and Lindgren’s Business Law of Australia, 12th, LexisNexis, Australia. ISBN: 9780409328172.
- May be download from http://www.austlii.edu.au: Commonwealth Government, Corporations Act 2001 (Cth), AUSTLII.