BB107 - Commercial Law

Credit Points: 15 credit points

Workload: 36 hours

Prerequisite: N/A

Co-requisite: N/A

Aims & Objectives

This is a first-year core unit offered in the Bachelor of Business program. The unit provides a pathway for students to continue on with a major in Management, Marketing and Accounting. For Course Learning Outcomes and further information relating to Bachelor of Business programs please visit our website:  http://www.mit.edu.au/study-with-us/programs/bachelor-business.

The unit provides an introduction to the underlying concepts and objectives of business law.  Emphasis is placed on both theoretical and practical aspects of business law. The course aims to provide the students with an overall understanding of business and law in Australia today.

Unit topics include:

  • Australian legal system
  • How laws are developed
  • Tort law and insurance
  • Contract law
  • Australian consumer law and restrictive trade practices
  • Business structures

Learning Outcomes

The Course learning outcomes applicable to this unit are listed on the Melbourne Institute of Technology’s website: www.mit.edu.au
At the completion of this unit students should be able to:
a. Discuss the Australian Legal System and how laws are developed and implemented.
b. Evaluate the main issues relating to business crime and business issues.
c. Apply legislation and case law to practical and theoretical problems in tort, insurance, contract law, consumer and restrictive trade.
d. Apply electronic commerce and intellectual property principles to practice and theoretical problems.
e. Demonstrate an understanding of the main business structures which are permissible within the Australian legal system.

Assessment

Assessment Task Due Date A B Unit Learning Outcomes
1. Formative Assessment Week 3 - 5% a
2. Contribution in Class Weeks 1-12 - 5% -
3. Assignment [Individual] Week 7 20% - a-e
4. Assignment [Group] Week 10 20% - a-e
5. Case Study Analysis [Individual] (3 hours) TBA - 50% a-e
TOTALS   40% 60% 100%

Task Type: Type A: unsupervised, Type B: supervised.

Contribution and Participation (5%)

This unit has class participation as an assessment. The assessment task and marking rubric will follow the Guidelines on Assessing Class Participation (https://www.mit.edu.au/about-us/governance/institute-rules-policies-and-plans/policies-procedures-and-guidelines/Guidelines_on_Assessing_Class_Participation). Further details will be provided in the assessment specification on the type of assessment tasks and the marking rubrics.

Teaching Methods

NOTE: All School of Business units 3-hour workshops Flipped Classroom Mode. 

Textbook and Reference Materials

Note: Students are required to purchase the prescribed text book and have it available each week in class.

Prescribed Text Book:

  • Graw, S., Parker, D., Whitford, K., Sangkuhl, E., Do, C. (2019). Understanding Business Law, 9th edition. NSW, Australia: Lexis Nexis Butterworths.

Other recommended references:

  • Hanrahan, P., Ramsay, I. & Stapledon, G. (2020). Commercial Applications of Company Law. Melbourne: Oxford University Press.

Websites

The Referencing style for this using is APA: See the MIT Library Referencing webpage: https://library.mit.edu.au/referencing/APA and the Unit Moodle page for additional referencing support material and weblinks.

Graduate Attributes

MIT is committed to ensure the course is current, practical and relevant so that graduates are “work ready” and equipped for life-long learning. In order to accomplish this, the MIT Graduate Attributes identify the required knowledge, skills and attributes that prepare students for the industry.
The level to which Graduate Attributes covered in this unit are as follows:

Ability to communicate Independent and Lifelong Learning Ethics Analytical and Problem Solving Cultural and Global Awareness Team work Specialist knowledge of a field of study

Legend

Levels of attainment Extent covered
The attribute is covered by theory and practice, and addressed by assessed activities in which the students always play an active role, e.g. workshops, lab submissions, assignments, demonstrations, tests, examinations.
The attribute is covered by theory or practice, and addressed by assessed activities in which the students mostly play an active role, e.g. discussions, reading, intepreting documents, tests, examinations.
The attribute is discussed in theory or practice; it is addressed by assessed activities in which the students may play an active role, e.g. lectures and discussions, reading, interpretation, workshops, presentations.
The attribute is presented as a side issue in theory or practice; it is not specifically assessed, but it is addressed by activities such as lectures or tutorials.
The attribute is not considered, there is no theory or practice or activities associated with this attribute.