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Monash College Unit Guide

BUSINESS LAW (MCD2070)

Purpose

This unit introduces the way in which law impacts on business.

Prerequisites

Nil.

Learning outcomes

On completion of this unit, students should be able to:

  1. Describe the sources of law in Australia and the ways in which the courts interpret the law.
  2. Explain the law as it relates to negligent conduct, with particular emphasis on negligent advice.
  3. Explain the law of contract, with particular emphasis on the rules relating to contract formation, the identification of terms, discharge of the contract and remedies arising from breach.
  4. Explain partnership law, with particular emphasis on the formation of a partnership, the relation ship between partners and between partners and outsiders dealing with them.
  5. Describe corporations law, with particular emphasis on the consequences of incorporation, the different types of corporations and the duties of company directors.
  6. Describe the law as it relates to business practices, which are deemed anti-competitive.

Assessment

Essays, tests or other assignments: 30%

Examination: 70%

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