Foundations of Business Law

Course aim

The course aims to provide students with an elementary understanding of the relationship between the law and business decision making and operations. Associated ethical considerations affecting business decision making and operations are also examined.

Course content

Topics will be drawn from the following: 

• Introduction to the Australian legal system and functions of law in the business environment; 
• Dispute resolution outside of the courts 
• Business ethics in relation to legal problems; 
• The development of legal problem-solving skills; 
• Legal considerations when choosing a business vehicle; 
• Forming and interpreting business contracts; 
• Other aspects of the law of contract including agreement and the concepts of good faith and unconscionability; 
• Legal risk management including potential remedies for breach of contractual obligations; 
• Marketing of good and services including product safety and consumer protection law, misleading and deceptive conduct and other Trade Practices Act considerations; 
• The law of agency 
• Liability for negligence; 
• Dealing with financial difficulty.

Textbook(s)

Gibson A and Fraser D 2013, Foundations of Business Law UniSA COML 1001 Custom Book, 7th edn, Pearson, Frenchs Forrest, N.S.W.

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, OFFSHORE, TAYLOR'S BUSINESS SCHOOL
Lecture	2 hours x 14 weeks
Tutorial	2 hours x 14 weeks
INTERNAL, OFFSHORE, HONG KONG BAPTIST UNIVERSITY
Workshop	3 hours x 10 weeks
INTERNAL, CITY WEST
Preparatory	1 x 1 week
Lecture	2 hours x 13 weeks
Tutorial	1 hour x 13 weeks
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External	N/A x 13 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Continuous assessment, Examination, Problem based exercise, Quiz

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.