This unit of study aims to provide students with an introduction to the basic principles of Contract Law, to relevant case law and to the relevant statutory provisions. The teaching approach aims to equip students with a format from which they may develop a fundamental understanding of legal reasoning as it applies to the analysis of contractual relationships.

Students will develop a working knowledge and overview of the legal system and begin to understand and use the language and terminology of Business Law. Students will gain an appreciation of contract and business law issues and begin to develop skills they can apply in their working life to avoid problem situations. Students will learn techniques to locate the appropriate law to apply law to a contract problem. The learning and teaching in the unit supports and prepares students for further study and the workplace through the scaffolded development of academic and professional skills.

Unit details

Study level:
Undergraduate
Credit points:
12
Unit code:
VBE1006

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Analyse legal issues in common business law scenarios and discuss the stakeholder's legal rights and responsibilities;  
  2. Explain the fundamental legal rights, duties and responsibilities of parties in a business context;  
  3. Locate, apply and 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 basic problem scenarios and applying relevant legal principles to advise on likely possible legal outcomes;  
  5. Interpret fundamental business law and begin to apply relevant knowledge of the law to solve issues; and  
  6. Demonstrate the development of key fundamental academic and professional skills required for further study and the workforce in business contexts.  

Assessment

Melbourne campuses

Students studying under the VU Block Model.

Assessment type Description Grade
Test Online Test (60 mins conducted in supervised class time) 20%
Test Online Quizzes (5 x30 mins conducted in supervised class time) 25%
Case Study Application of the law (Case Scenarios) (1500 words) 25%
Test In Class supervised Test (2 hours) 30%

Other locations

Assessment type Description Grade
Test Online Test (60 mins conducted in supervised class time) 10%
Test Online Quizzes (5 x30 mins conducted in supervised class time) 20%
Essay Essay (1500 words) 20%
Examination Final Exam (1500 words) 50%

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.

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