CO5119 - Business Law

This subject addresses the legal foundations of business. Focus will be on the nature, role and sources of law; the major legal systems of the world; the common law system; the laws regulating agreements, obligations and property; industrial and intellectual property; restrictive trade practices and fair trading; financial instruments and securities; technology transfers including licensing and franchising; legal process and alternative dispute resolution.

Learning Outcomes

• understand national and international legal and regulatory systems within which business operates;
• understand key legal provisions that impact on business, its structure(s), and method(s) of operation;
• compare and contrast the competing needs and interests of business entities, their owners, consumers, creditors and society as a whole and critique the ability of the current legal framework to balance and satisfy those competing needs and interests.

Subject Assessment

• Written > Examination (centrally administered) - (50%) - Individual
• Written > Test/Quiz 1 - (20%) - Individual
• Written > Case study analysis - (30%) - Individual.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.