Comprehend how the law affects business operations. Absorb the fundamental legal principles that affect establishing a business, entering into transactions, employees, protecting business assets and protecting proprietary rights.
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At the completion of this subject students will be able to:
- Identify sources of business law and explain how legal principles shape the business environment and affect business practice and decision making
- Compare legal forms of doing business
- Identify and analyse the legal requirements of commercial transactions
- Identify and discuss the legal requirements of creating and protecting proprietary rights in business assets, including goodwill and intellectual property rights
- Describe the legal requirements of an employment relationship, and identify the legal rights and duties that arise during the degree of the employment relationship
- Discuss and analyse the legal principles that businesses must comply with when dealing with consumers.
- Introduction to law and business
- The Australian legal environment
- Legal forms of doing business
- Acquiring and managing business property including premises, equipment and intellectual property
- Employing staff
- Entering into and enforcing commercial transactions
- Dealing with consumers including negligence and product liability
- Business dispute resolution
You should not enrol in this subject if you have successfully completed any of the following subject(s) because they are considered academically equivalent:
- USA-BLW16 (Not currently available)
No additional requirements
The subject aims to equip students with basic knowledge of how the law affects business decision making and operations. It does so by examining a number of fundamental legal principles that impinge upon key business areas such as establishing a business, entering into transactions, and protecting business assets. It also considers the relationship between business and regulators.
- Continuous Assessment (10%)
- Case Study 2000 words (40%)
- Invigilated Exam 2 hours (50%)
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