Business Law

Unit code: VBE1006 | Study level: Undergraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
City Campus
VU Brisbane
VU Sydney
Prerequisites
N/A
Overview
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Overview

Students will develop a working knowledge and overview of the Australian 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.

Assessment

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: 20%
Online Test (60 mins conducted in supervised class time)
Assessment type: Case Study
|
Grade: 30%
Three Case Studies (10% each, 30 mins each case study conducted in supervised class time)
Assessment type: Examination
|
Grade: 50%
Final Exam (1500 words)

The delivery model of this unit allows students to take responsibility for their learning by accessing resources and completing activities using in person facilitated sessions that progress and apply the learning. The five contact hours provides students with an opportunity to learn in a supervised and guided classroom atmosphere with the instructor and with peer support. The students are required to access resources from the VU collaborate space on a weekly basis and to complete the pre readings and post readings. Students are supported through regular on-campus contact sessions, such as lectures, tutorials and workshops and are expected to participate in these. For every contact hour it is expected that students will undertake another five hours of self-directed work per week.

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):

Diploma of Business (Enterprise)
VDBE | Diploma | Duration: 1 year

Refer to the course page for information on how to apply for the course. 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.

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