THE UNIVERSITY OF SYDNEY 
CLAW1001 - Foundations of Business Law 
Comprehensive Revision Guide and Course Notes 2024 
 
Details: Credit Points (6)  
Academic Unit: Accounting
Prohibitions: CLAW2214 
 
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University of Sydney - CLAW1001: Foundations of Business Law

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ACADEMIC YEAR 2023 - 2024

University	University of Sydney
Study Level	Undergraduate
Unit Code	CLAW1001
Unit Name	Foundations of Business Law
Notes Title	Comprehensive Revision Guide and Course Notes
Page Length	55

This comprehensive revision guide covers all examinable topics for CLAW1001: Foundations of Business Law at the University of Sydney. Within this document, you will find a detailed evaluation of each topic covered in the unit. You will learn and discover how the law affects business decision making and operations. It does so by examining a number of fundamental legal principles that affect key business areas, including contract law, tort law, and consumer law. It also considers the relationship between business and regulators. This guide is extremely helpful for you in revising all the topics and preparing for the exam.

- [CLAW1001] Foundations of Business Law is a unit of study that introduces students to the legal framework and regulatory systems that regulate all commercial activities. The unit covers various key areas of substantive business law, including contracts, torts, property and securities, white-collar crime, intellectual property, competition and consumer law, business structures and operations, misleading and unconscionable conduct, and dispute resolution. The aim of this unit is to help students understand the legal implications of commercial conduct and the Australian legal system. Every decision, transaction, and relationship in business is made in the context of this legal regime.

✔ Major topics to be covered include:

The Australian Legal System
Analysing legislation and case law
Types of legal liability
Contract Law: agreement
Contract Law: Intention and Consideration
Contract Law: Terms of the Contract
Legal Reasoning and Analysis
Contract Law: Factors affecting the contract; Remedies
Statutory restraints on contracts
Introduction to torts and the law of negligence
Consumer guarantees and product liability
Misleading or deceptive conduct

UNIT CODE	UNIT NAME
ACCT2011	Reporting on Business Performance
ACCT2019	Accounting Analysis for Management Decisions
ACCT3011	Reporting on Business Groups
BUSS1020	Quantitative Business Analysis
BUSS1030	Accounting, Business and Society
CLAW1001	Foundations of Business Law
CLAW3201	Australian Taxation System
ECMT1010	Introduction to Economic Statistics
ECON1001	Introductory Microeconomics
ECON1002	Introductory Macroeconomics
ECOS2001	Intermediate Microeconomics
ECMT1020	Introduction to Econometrics
ECMT3120	Applied Econometrics
ECMT3130	Forecasting for Economics and Business
ENVX1002	Introduction to Statistical Methods
FINC3019	Fixed Income Securities
FINC2011	Corporate Finance I
FINC2012	Corporate Finance II
FINC3012	Derivative Securities
FINC3017	Investments and Portfolio Management
MKTG1001	Marketing Principles
WORK1003	Foundations of Work and Employment

University of Sydney - CLAW1001: Foundations of Business Law

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