Topics include the general legal framework as it relates to the business environment; the basic law of contract; the responsibilities and risks that arise in business, with a particular emphasis on the law relating to corporate entities; the Australian corporate law framework as legislated; and the application of corporate law to the business environment.
Intended learning outcomes
On successful completion of this subject, students should be able to:
Identify the legal issues which commonly present themselves in relation to the operations of business, including those that involve companies;
Analyse the scope and implications of the obligations that arise under the law of contract and the law of negligence; and
Apply the principal statutory provisions and case law in relation to Australian companies.
On successful completion of this subject, students should have improved the following generic skills:
Oral and written communication specific to legal issues arising out of accounting practice.