Interrogate the legal system and focus on the specifics of contract and corporation law.Contrast Australia’s legal processes with examples from other countries. Go over the rights and responsibilities of companies, their members and their directors.
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At the completion of this subject students will be able to:
recognise the fundamentals of the Australian legal system and its similarities and differences with other systems in the world, including how laws are made in Australia and the hierarchy of the court system as a basis for learning the Law of Contract and Corporations Law
interpret and critique legislation and case law to determine how they apply to various contractual and corporate situations
apply relevant legal principles to solve hypothetical contractual and corporate law problems to demonstrate critical thinking and problem solving skills.
This subject introduces the Australian Legal System and then focuses on fundamental legal rules and regulations relating to Contract Law and Corporations Law. The subject covers basic principles of Contract Law with particular reference to business entities including the nature and legal consequences of contract, formation of contract, terms of a contract and capacity of parties; misleading conduct in contracts; discharge of contract and remedies for breach of contract. The subject will also examine business structures and provide an overview of basic Corporations Law including the formation of companies under Australian law and consequences of incorporation; company internal rules; management and contracting; corporate governance including membership, meetings and directors duties, members remedies, accounts and financial reporting and audit; and external administration of companies.
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