BUSN9123 Principles of Commercial Law

2011

4.5

1 x 1-hour workshop weekly
1 x .5-hour on-line exercises weekly
1 x 1-hour on-line lecture weekly

1 Admission into MACC-Master of Accounting
1a Admission into MAF-Master of Accounting and Finance
1b Admission into MAM-Master of Accounting and Marketing
1c Admission into MENGM-Master of Engineering Management
1d Admission into BENCVHMENM-B Engineering (Civil) (Honours), M Engineering Management
1e Admission into MENMCC-B Engineering (Civil) (Honours), M Engineering Management
1f Admission into BENEEHMENM-B Engineering (Electrical and Electronic) (Honrs), M Engineering Management
1g Admission into MENMEEC-B Engineering (Electrical and Electronic) (Hons), M Engineering Management
1h Admission into BENMCHMENM-B Engineering (Mechanical) (Honours), M Engineering Management
1i Admission into MENMMC-B Engineering (Mechanical) (Honours), M Engineering Management
Must Satisfy: ((1 or 1a or 1b or 1c or 1d or 1e or 1f or 1g or 1h or 1i))

BUSN9110 has been successfully completed

Master of Accounting; Master of Accounting (Advanced)

The topic is designed is to raise students' appreciation and understanding of aspects of law including: The Australian Legal System; Agency and Business Structures; Law of Contract; Law of Property; Law of Torts and Trade Practices (Consumer Protection and Restrictive Trade Practices and Corporations Law.

The aim of this topic is to:

• introduce, and familiarise, students with the areas of law that are relevant to business
• develop students' appreciation of the Australian system of commercial law that has been developed and enforced by the Parliaments and the Courts
• enable students to recognise legal problems in business and implications when they arise in commercial and business practice and settings; and
• provide students with the knowledge and tools to be able to seek legal advice or to make appropriate referrals to legal professionals, when and where required

It is expected that on completion of this topic students will:

• understand and be able to describe the process of law-making and court structure and hierarchy in the Australian legal system
• understand and be able to apply the principles of the law of torts, contract, trade practices, agency and property to various fact scenarios
• be familiar with a range of legal business structures and be able to identify and describe their defining legal characteristics
• identify the main sources of rules regulating a company's operations
• analyse the operation of a broad range of areas of corporations law in their application to individual circumstances that may arise (e.g. directors' duties, meetings procedures, insolvency)
• be able to analyse a fact scenario and identify relevant legal issues
• recognise some of the legal implications relevant to the provision of financial, accounting, or other commercial advice
• be able to evaluate afact situation and determine when professional legal advice is desirable
• have the knowledge and skills to conduct preliminary research and seek professional advice in relation to legal problems
• develop skills in clear written and oral communication
• develop skills in appropriate referencing and citation practice