THE UNIVERSITY OF NEWCASTLE 
LEGL1001 - Foundations of Law 
Comprehensive Revision Guide and Course Notes 2024 
 
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University of Newcastle - LEGL1001: Foundations of Law

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ACADEMIC YEAR 2023 - 2024

University	University of Newcastle
Study Level	Undergraduate
Course Code	LEGL1001
Course Name	Foundations of Law
Notes Title	Comprehensive Revision Guide and Course Notes
Page Length	54

Conquer your LEGL1001: Foundations of Law exam at the University of Newcastle with this comprehensive summary of all examinable topics. Explore in-depth how legal principles impact business decisions and operations through key areas like contract, tort, and consumer law. Gain valuable insights into the crucial relationship between businesses and regulators. This all-in-one guide equips you to effectively revise all course material and excel on both assessments and the final take-home exam.

The law impacts our daily lives in ways particularly evident for those engaged in business, commerce, public service, and professions. This course meets educational needs by introducing the Australian legal system, its legal sources, the rule of law and the court system. Then, it focuses on the law of contract as one of the building blocks of business transactions while introducing other areas of potential legal liability for businesses. A professional conducting business requires a basic understanding of the law regulating torts, consumer protection, employment, agency, and business structures. Students are equipped with tools for analysing and solving legal problems. These skills are transferable to other subjects relevant to business,commerce and industry professionals. This course provides foundational knowledge to identify opportunities and risks for business, and to navigate the Australian legal institutions and think globally.

Main topics to be covered:

The Australian Legal System
- The concept of law
- Finding and applying the law
The Law of Contract
- Contract formation
- Contract enforceability
- Contract terms and exclusion clauses
- Contract termination and remedies
Other Areas of Law Affecting Business
- The tort of negligence
- Consumer protection
- Employment and agent-principal relationships
- Business structures

COURSE CODE	COURSE NAME
ACFI1001	Accounting for Decision Makers
ACFI1002	Accounting Practice
ACFI1003	Introduction to Finance
ACFI2003	Management Accounting
ACFI2012	Accounting for Corporate Entities
ACFI2070	Business Finance
ACFI2080	Corporate Finance
ACFI3004	Taxation
ACFI3018	Portfolio Management
ACFI3130	Derivative Securities
ECON1001	Microeconomics for Business Decisions
ECON1002	Macroeconomics in the Global Economy
ECON1003	Basic Econometrics and Quantitative Modelling
ECON2001	Intermediate Microeconomics
ECON2004	Money and Banking
LEGL1001	Foundations of Law
MKTG1001	Foundations of Marketing
MNGT1001	Introduction to Management
STAT1060	Business Decision Making
STAT1070	Statistics for the Sciences

University of Newcastle - LEGL1001: Foundations of Law

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