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Course Description:
This course offers a foundational understanding of the legal concepts and principles pertinent to the business sector, tailored for those aspiring to roles such as business owners, client advisors, or other positions requiring proficient legal knowledge. It is structured to enhance your confidence in engaging with legal professionals and in discussions concerning legal advice and practice.
You will receive a thorough introduction to the Australian legal system and its application within a business context. The course content encompasses essential legal domains such as contract law, consumer law, tort law—especially negligence—and includes an examination of laws related to competition, property, employment, and business entities.
Each topic will be explored through a variety of learning and teaching methods designed to solidify your understanding and practical skills. These include ongoing case studies, structured debates, and assignments that adhere to established legal frameworks. The course content will be delivered through a blend of synchronous and asynchronous methods, ensuring a comprehensive and flexible learning experience.
By the end of the course, you will have gained a robust grounding in the main sources of law and the roles of parliamentary, regulatory, and legal institutions in Australia, equipping you with the fundamental legal knowledge necessary for informed decision-making in the corporate world.
Course Aims:
This course is useful for anyone interested in pursuing a career in business. It will provide you with an understanding of the relationship of the law to business. You will be introduced to the legal method of writing, analysis and research. The knowledge and skills developed in this course provide an essential grounding for successful study of future business law or taxation law courses, including TABL2741, 2751, and 3755.
An understanding of business law is essential for attaining a deep and well-rounded understanding of the other disciplines offered by the UNSW Business School. Examples of how it contributes are below:
- Accounting - This course is recognised by CPA and CAANZ as satisfying some of the educational requirements for admission to their associations.
- Banking and Finance - All financial transactions are based on a legal framework that allows for property rights to be leveraged and transferred, and risk to be allocated among the parties. This course provides students with the knowledge of how transactions are documented.
- Economics - This course provides students with an overview of the operation of the legal system which will enhance your understanding of the legal framework within which the economy and government policies operate.
- Information Systems - This course provides an overview of intellectual property which is the fundamental legal mechanism for ownership and exploitation of commercial information.
- Marketing - Marketing must operate within the confines of the tort law, contract law and the Competition and Consumer Act 2010 (Cth), for which this course provides an overview.
- Organisation and Management - This course provides an understanding of the legal system under which organisations operate.
- Risk and Actuarial Studies - This course develops skills in interpreting and applying complex legislation which is an important skill for actuaries.
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