Students will learn techniques to locate and apply relevant law to business-related contracts that they can subsequently apply in their working life to avoid common problems arising in business contractual relationships, This unit aims to provide students with an understanding and awareness of the basic principles of Contract Law, a familiarity with relevant case law and an introduction to the statutory provisions pertinent to the course. This Unit aims to provide students with a working knowledge and overview of the legal system and an understanding of legal reasoning as it applies to the analysis of contractual relationships. Students will understand and be able to speak, write and read comprehensively in the language and terminology of Business Law. Students will gain an appreciation of contract and business law issues.

Unit details

Study level:
Undergraduate
Credit points:
12
Unit code:
BLO1105

Prerequisites

PROHIBITION: This unit is not available to law students at VU or elsewhere, whether undertaking a single, combined or honors level law degree.

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Identify legal issues in common business law scenarios, analyse and discuss the stakeholders legal rights and responsibilities;  
  2. Accurately articulate and explain the legal rights, duties and responsibilities of parties in a business context;  
  3. Research, apply and accurately reference the appropriate law from particular statutes and case law relevant to specified contexts;  
  4. Demonstrate a working knowledge of the law relating to contract issues by analysing problem scenarios and applying relevant legal principles to advise on likely possible legal outcomes; and  
  5. Clearly articulate individual interpretation of business law issues and application of relevant knowledge to others.  

Assessment

Assessment type Description Grade
Test Quiz - Online or in class 20%
Assignment Legal Writing Task 30%
Other Online discussion 10%
Test Supervised Written Test 40%

Required reading

A link to download the "Business Law Manual", is available from the unit VU Collaborate site. Other selected readings will be made available via the unit VU Collaborate site.

Business Law for Business Students 3rd ed
Parker D and Box G, 2013
Sydney, Thomson Custom Publishing

Where to next?

As part of a course

This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.

Study a single unit

This unit may be available as a single unit of study.

Find out more about how to apply for single units of study at VU.

VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.