COURSE DESCRIPTION:
This course combines elements of essential business law including key features of contract and other relevant areas of law, including: Application of Law to Business Enterprise; Contract (& Commercial Litigation) Law; Elements of Contract; Offer and Acceptance; Terms of a Contract; and Breaches in Law.


BACKGROUND:
A contract may be defined as an agreement between two or more parties that the law will enforce. Contract law is concerned with the rules which govern agreements. Business requires that agreements should be honoured by the performance of the promises made in order to ensure that expectations are fulfilled. This is essential to ensure confidence and stability in the marketplace.

A contract may be as simple a transaction as buying a cup of coffee, or a complex matter such as an international agreement for the supply of raw materials for a period of years, or an insurance contract.

LEARNING OUTCOMES:
Upon the completion of this module, users will be able to:
• Critically apply knowledge of the legal system and sources of law in Australia to Business Enterprise including: Contract (& Commercial Litigation) Law; Elements of Contract; Offer and Acceptance; Terms of a Contract; and Breach.
• Demonstrate an understanding of the underlying themes and issues and the key legal principles relating to commercial transactions, and/or corporate law.
• Demonstrate skills in legal research, critical analysis and the written presentation of research and argument.

TIME: Up to 2 Hours

OTHER INFORMATION:
• No prerequisites.
• No materials distributed.
• No formal assessments required.