Faculty of Business and Economics

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

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


Business and Economics

Organisational Unit

Department of Business Law and Taxation


Not offered in 2016


An introduction to legal studies and to the legal system of Australia with special emphasis on business aspects. The topics covered include: introduction to the Australian legal system; the tort of negligence with an emphasis on negligent misstatement; the law of contract; business structures, with particular emphasis on partnerships and corporations and the law of agency


The learning goals associated with this unit are to:

  1. examine and describe the structure of the Australian legal system
  2. examine and apply the law of negligence, with particular emphasis on the law of negligent misstatement
  3. examine and apply the law of contract, with particular emphasis on the formation and contents of contracts, matters affecting the validity of a contract, and remedies for breach of contract
  4. examine and apply the law of agency, with particular emphasis on its application to partnerships and corporations.


Within semester assessment: 30%
Examination (open book): 70%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)