BTF5113 Legal environment of business
Faculty of Business and Economics
BTF5113 Legal environment of business is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2021
- Semester 1
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2023 entry.
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Requisites
Before BTF5113
Prohibitions
You can't enrol if you have passed any of these.
After BTF5113
No unit lists BTF5113 as a prerequisite in the 2021 handbook.
Overview
This unit explores key areas of law affecting business in terms of business operations and risk. It is important to understand the various types of business structure and their impact in terms of legal obligations and risks. Local and transnational laws regulate the conduct of businesses dealing with consumers and those dealing with other business, and impact businesses' ability to reduce risk, via contractual and other means. The legal system also provides methods for business to protect their ideas and products, it also imposes restrictions in relation to competitive trading.
Topics covered in this unit will include types of business organisations and their legal powers and constraints, regulation of quality of goods and services including the role of contracts to affect legal obligations. The unit will also consider market-protection, (including an introduction to local and trans-global intellectual property protection regimes) and competition-regulation in terms of acceptable and restrictive business trade practices.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | Block on |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
identify the advantages and disadvantages of the various legal forms of business organisation and in particular limited liability and understand the duties of directors and the consequences of liquidation
- 2
identify and critically analyse a broad range of legal issues that are relevant to business activities in terms of the quality of goods and services and potentially misleading conduct
- 3
explain the value and use of the various forms of intellectual property and outline when and how to protect intellectual property
- 4
identify restrictive trade practices and discuss the implications for business activities
- 5
critically discuss the ethical and compliance aspects of legal issues surrounding business activities.
Workload and teaching
- Seminars36 hours
- Teaching approachCase-based teaching
- Teaching approachRole play
- Teaching approachPeer assisted learning
- Teaching approachOnline learning
- Teaching approachActive learning
- Teaching approachProblem-based learning
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.
Contacts
- Chief Examiners
- Mr Paul Sugden
Common questions
What are the prerequisites for BTF5113?
BTF5113 has no prerequisites.
When is BTF5113 offered?
In 2021, BTF5113 runs in Semester 1 at Caulfield.
How much work is BTF5113?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BTF5113 have an exam?
No. BTF5113 has 1 assessment task and no exam.