Contract Law
Duration
- One teaching period
Contact hours
- 36 hours
On-campus unit delivery combines face-to-face and digital learning.
Prerequisites
Corequisites
NilAims and objectives
Unit Discontinued LAW10007 – replaced by LAW20019 Law of Commerce
The general aim of this unit is to enable students to gain an understanding of the law applicable to contracts, and in particular those negotiated during the course of the establishment and conduct of businesses and entrepreneurial activities. Attention will be given to the legal repercussions of concluding a contract (including the impact of statute), the use of the contract document as a means of minimising risk and the effect of breaching obligations undertaken.
After successfully completing this unit, you will be able to:
- Demonstrate a sound knowledge of the laws, (both statutory and common law), which impact on contracts
- Apply contract law principles to everyday business activities and real world problems
- Demonstrate an understanding of problem solving and analytical skills
- Recognise diverse viewpoints and synthesise arguments from multiple points of view
Courses with unit
This is a unit of study in the Bachelor of Business suite.
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Lectures (2 hours), Tutorials (1 hour)
Assessment
1. Test (Individual) 25 - 35%
2. Final Examination (Individual) 65 - 75%
2. Final Examination (Individual) 65 - 75%
General skills outcomes
The graduate attributes which relate to this unit help to produce graduates who are:
- Capable in their chosen professional, vocational or study areas
- Entrepreneurial in contributing to innovation and development within their business, workplace or community
- Effective and ethical in work and community situations
- Adaptable and able to manage change
- Aware of local and international environments in which they will be contributing (e.g. socio-cultural, economic, natural)
Content
Topic 1: Formation of Contract
- Offer and Acceptance
- Intention to create legal relations
- Consideration
- Content of contract
- Privacy of contract
- Terms excluding liability
- Terms implied by statute
- Duress, Undue Influence and unconscionability
- Misrepresentation at common law
- Misleading and deceptive conduct under the Australian Consumer Law
- Termination and remedies
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.