Business Law

    Unit code: VBE1006 | Study level: Undergraduate
    (Generally, 1 credit = 10 hours of classes and independent study.)
    City Campus
    VU Brisbane
    VU Sydney


    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.

    Students will gain an understanding of:

    • legal reasoning in contractual relationships
    • relevant regulatory requirements of the Corporations Act 2001
    • corporate and individual responsibility of company directors to shareholders and other stakeholders
    • business implications of privacy laws as they apply to ‘big data’.

    Learning Outcomes

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

    1. Assess legal issues in business law scenarios, analyse and discuss the stakeholders legal rights and responsibilities;
    2. Articulate and explain the legal rights, duties and responsibilities of parties in a business context suggested content;
    3. Review and articulate the appropriate law from particular statutes and case law relevant to specified contexts using digital legal library;
    4. Articulate a working knowledge of various aspects the Corporations Act 2001 and contracts law relating to legal issues; and,
    5. Explain and discuss individual interpretations of business law issues.


    For Melbourne campuses

    Assessment type: Test
    Grade: 15%
    Online Quiz (60 mins conducted in supervised class time)
    Assessment type: Case Study
    Grade: 60%
    Three in-class law case studies (3 x 20%)
    Assessment type: Assignment
    Grade: 25%
    Precedent Analysis & Presentation

    Other locations

    For students studying at Henan University, Liaoning University
    Assessment type: Test
    Grade: 10%
    Online Test (60 mins conducted in supervised class time)
    Assessment type: Test
    Grade: 20%
    Online Quizzes (5 x30 mins conducted in supervised class time)
    Assessment type: Essay
    Grade: 20%
    Essay (1500 words)
    Assessment type: Examination
    Grade: 50%
    Final Exam (1500 words)

    Required reading

    Selected readings will be made available via VU Collaborate.

    As part of a course

    This unit is studied as part of the following course(s):

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