Special Consideration
LAW101 Australian Business Law
Unit Description
This unit introduces business laws relevant to the formation and operation of a legal entity in Australia. Laws covering topics such as legal entities to operate under, contracts and their breaches and remedies, consumer laws and their remedies, companies and the concept of separate legal entity, corporate veil and how it can be lifted, business ethics, business crimes, the risk of negligence and its consequences, are but a few examples of what is to be covered. Australian business law is complex, and this unit is but an introduction to some of the relevant laws required to be complied with in undertaking a business venture in Australia.
Expected Student Workload
Number of timetabled hours per week: 4 hours (2 hours in lecture and 2 hours in tutorial)
No. personal study hours per week: 6 hours
Total workload hours per week: 10 hours
Prerequisites
Nil
Unit Weighting
Unit credit points: 10
Total course credit points: 240
Delivery Mode
Face to face on VSC campus
Unit Learning Outcomes (ULO)
ULO1: Explain and discuss the Australian legal system and the legal context in which businesses operates.
ULO2: Analyse the commercial legal responsibilities and risks of doing business.
ULO3: Demonstrate a working knowledge of the different forms of business organizations and significance of company’s separate legal entity.
ULO4: Research and analyze the essential aspects of contract law and Australian consumer law.
ULO5: Operate effectively in a team environment and communicate the results of problem analysis.