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  3. Principles of Business Law

Principles of Business Law (BLAW10001)

Undergraduate level 1Points: 12.5On Campus (Parkville)

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Year of offer2019
Subject levelUndergraduate Level 1
Subject codeBLAW10001
Semester 1
Semester 2
FeesSubject EFTSL, Level, Discipline & Census Date

Principles of Business Law provides an introduction to law from a business perspective. This subject is available as a level 1 breadth subject to students in all faculties.

Topics include:

  • The nature and purpose of law;
  • how law develops and changes;
  • how new law is made;
  • how to read and understand legislation and case law;
  • how legally binding agreements (contracts) are created and enforced;
  • property law;
  • liability in tort law for negligence; and
  • the law of agency.

Note 1: Principles of Business Law is a prerequisite for Corporate Law and Taxation Law.

Note 2: This subject is recommended to students in any faculty and in any year of study who would like to study an introductory law subject.

Intended learning outcomes

The objectives of this course are to:

  • Explain the nature and role of law in society;
  • describe the sources of Australian law;
  • find, interpret and apply case-law and legislation;
  • explain and apply the principles of contract law in business situations;
  • explain and apply the basic principles of liability in tort law;
  • explain and apply statutory consumer protection legislation;
  • explain and apply the law of agency; and
  • understand the basic principles of property law.

Generic skills

On completion of the subject, students should have developed the following generic skills:

  • The capacity for close reading and analysis of a range of legal source materials;
  • the capacity for critical and independent thought and reflection;
  • the capacity to solve problems, including through the collection and evaluation of information;
  • the capacity to effectively plan and manage time; and
  • intercultural sensitivity and understanding.

In addition, on completion of the subject, students should have developed the following skills specific to the discipline of law:

  • The ability to find, interpret and apply legal source materials; and
  • the ability to find and apply legal principles and rules to resolve specific issues.

Last updated: 11 October 2019