Contracts 1

Unit code:BLB1102Study level:Undergraduate

Credit points

12
(Generally, 1 credit = 10 hours of classes and independent study.)

Location

City Campus
Online Real Time

Prerequisites

BLB1101 - Australian Legal System in Context
BLB1114 - Legal Research Methods
Plus 2 Level 1 Law units (except for students enrolled in the LBWP course which have the following pre-requisites BLB1101, BLB1114, plus 1 Level 1 Law Units).
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)

Overview

Contracts 1 provides students with the knowledge of the law of contract. The law of contract provides the rules which determine when one party is liable to another under or in connection with a contract. This is an extremely important area of law as contracts are created on a daily basis and form the basis of most commercial arrangements. Students will be exposed to relevant the law of contract which governs the processes of formation, interpretation, performance and termination of a contract.

Learning Outcomes

On successful completion of this unit, students will be able to:

Analyse the legal concept of a legally binding contract, including privity and assignment;
Identify, interpret, and critically analyse contractual terms;
Identify and critically analyse circumstances in which contracts can be brought to an end or nullified in a variety of situations, and the different types of remedies, as well as rules relating to them;
Critically analyse the influence of vitiating factors on contractual agreements, and
Exemplify initiative and responsibility in both independent and collaborative contexts to critically analyse contract law principles, interpret and evaluate contractual terms and remedies, and assess the impact of vitiating factors, thereby integrating legal knowledge and skills.