QUEENSLAND UNIVERSITY OF TECHNOLOGY 
BSB151: Business Law and Governance 
* Comprehensive Revision Guide and Course Notes 2024 
 
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Queensland University of Technology - BSB151: Business Law and Governance

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ACADEMIC YEAR 2023 - 2024

University	Queensland University of Technology
Study Level	Undergraduate
Unit Code	BSB151
Unit Name	Business Law and Governance
Notes Title	Comprehensive Revision Guide and Course Notes
Page Length	54

* This is a complete summary of everything that is examinable for the BSB151 - Business Law and Governance, at Queensland University of Technology. Within this document, you will find a comprehensive evaluation of the examinable topics for this unit. You will learn and discover the law affects business decision making and operations. It does so by examining a number of fundamental legal principles that impinge upon key business areas such as contract law, tort law, and consumer law. It also considers the relationship between business and regulators. This ideal guide is extremely helpful for you to revise all the topics, and to prepare for your assessments and the final examination!

- This unit, Business Law and Governance (BSB151) - aims to help students understand that in business, choosing the "right" thing to do involves a range of quite different conceptualizations of what is "right". By using Ethics, the Law and Governance principles to determine what is right, we emphasise the need for tomorrow's business leaders to understand different ways people judge what is "right" and introduce critical business concepts such as governance, fiduciary duties, agency law, contract and negligence (duty of care). Through use classical ethical frameworks as well as statute and case law, students will develop the ability to justify what is the right thing to do in a number of different business scenarios. In so doing the unit also addresses specific legal issues germane to all fields of business and professional contexts while developing problem solving skills relevant to contemporary business.

✔ On successful completion of this unit you will be able to:

describe the essential features of the legal system in Australia;
explain the nature of moral issues in business and apply key moral theories to a range of business issues;
apply legal knowledge and reasoning skills to analyse and respond to problems across a range of topics in business law; and,
AND - explain the duty of care principle and governance systems.

UNIT CODE	UNIT NAME
AYB200	Financial Accounting
AYB219	Taxation Law
AYB225	Management Accounting
AYB340	Company Accounting
BSB110	Accounting
BSB111	Business Law and Ethics
BSB113	Economics
BSB115	Management
BSB123	Data Analysis
BSB126	Marketing
EFB201	Financial Markets
EFB210	Finance 1
EFB222	Introduction to Applied Econometrics
EFB330	Intermediate Macroeconomics
EFB331	Intermediate Microeconomics
EFB333	Applied Econometrics
EFB335	Investments
EFB343	Corporate Finance
EFB344	Risk Management and Derivatives

Queensland University of Technology - BSB151: Business Law and Governance

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