LAW350 Advanced Commercial Law (8)

Business governance: the ethical, statutory and regulatory controls on business and methods of dispute resolution are covered. A comparative study is undertaken of available business organisations - partnerships, trusts, companies - their regulation, advantages and disadvantages. An introduction to international business law is also covered.

No offerings have been identified for this subject in 2019.

Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System

HD/FL

Duration

One session

School

School of Accounting and Finance

Assumed Knowledge
LAW110

Learning Outcomes

Upon successful completion of this subject, students should:

- be able to outline and explain business as an economic, ethical and social activity which has a responsibility to contribute to the welfare of society;
- be able to explain how businesses are affected by the interplay of legal, taxation and administrative requirements;
- be able to outline and explain methods of preventing and resolving commercial disputes;
- be able to discuss the law of partnerships, trusts and the operation of the proprietary company in small business;
- be able to, on being presented with factual situation, suggest an appropriate business structure and justify it;
- be able to explain legal regulation and other considerations vital to a business and professional person in private or public practice;
- be able to outline and describe the particular aspects of international law which are relevant for Australian businesses.

Syllabus

This subject will cover the following topics:

- The objectives of business organisations; accountability of business and commerce; social responsibility; business ethics; the place of corporate and commercial regulation;
- Principles of governance and regulation of business organisations: Trade Practices legislation, Fair Trading legislation, Professional Body regulation and Codes;
- Alternative methods of dispute resolution in business and the professions;
- The law of Partnerships; advantages and disadvantages of a Partnership in business; taxation of partnerships;
- The law of Trusts; trading trusts and trust structures in business; advantages and disadvantages of a Trust in business; taxation of trusts;
- The proprietary company in the business environment; companies in business structures (holding companies, trustee companies); taxation of companies.
- Aspects of International business law with particular reference to International Contracts.

Contact

For further information about courses and subjects outlined in the CSU handbook please contact:

Current students

Future students

The information contained in the CSU Handbook was accurate at the date of publication: May 2019. The University reserves the right to vary the information at any time without notice.

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