Faculty of Business and Economics

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Monash University

Monash University Handbook 2011 Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
OfferedCaulfield First semester 2011 (On-campus block of classes)
Caulfield First semester 2011 (Evening)
Caulfield Second semester 2011 (Evening)
Coordinator(s)Dr Kerstin Steiner


This subject examines business law in practice, imparting:

  1. negotiation techniques, applying contract law
  2. legal risk management techniques, applying the law of negligence, statutory consumer law protections and occupational health and safety
  3. choosing the most appropriate business form and complying with requirements, applying corporations law, the law of partnerships, agency and sole traders.


The learning goals associated with this unit are to:

  1. to introduce a business-focused approach to the law which allows students to develop skills in:
    • assessing the legal risks faced by the business
    • avoid those legal risks and
    • going beyond mere legal compliance by developing sound processes
  2. to develop strong practical negotiating skills so as to assist students to:
    • negotiate what they need for their business
    • create strong relationships
    • limit liabilities
  3. to introduce the idea of business entities so as to assist students in:
    • choosing the most appropriate legal form
    • understanding the benefits and problems with each legal form
    • registering, changing forms and winding up
    • developing good corporate governance.


Within semester assessment: 60%
Examination (2 hours): 40%

Chief examiner(s)

Dr Kerstin Steiner

Contact hours

3 hours per week


Students must be enrolled in Master of Business Law or Master of Business (Science and Technology) to undertake this unit.