Course Title: Establish business and legal requirements

Part B: Course Detail

Teaching Period: Term1 2008

Course Code: BUSM9931C

Course Title: Establish business and legal requirements

School: 650T TAFE Business

Campus: City Campus

Program: C5180 - Diploma of Financial Services (Conveyancing)

Course Contact : Paul Ryan

Course Contact Phone: +61 3 9925-5466

Course Contact Email:Paul.Ryan@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Nominal Hours: 35

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

None

Course Description

The unit involves identifying and complying with business and legal administrative requirements.It is suitable for settingg up or existing micro and small businesses or a department in a larger organisation.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBSBM401A Establish business and legal requirements

Element:

Comply with legislations, codes and regulatory requirements

Performance Criteria:

Demonstrated knowledge of the legal system and relevant business law by passing tests, case studies and assignments as required.

Element:

Identify and implement business legal requirements.

Performance Criteria:

Demonstrated knowledge of the legal system and relevant business law by passing tests, case studies and assignments as required.

Element:

Negotiate and arrange  contracts

Performance Criteria:

Demonstrated knowledge of the legal system and relevant business law by passing tests, case studies and assignments as required.


Learning Outcomes


On completion of the course, students should have studied various aspects of the law to enable them to apply legal principles in the later courses, and understand some of various legal concepts relevant to operating a small business , including:
- the Australian legal system
- statutory interpretation and case law
- business structures
- introduction to agency and insurance
- law of torts, basic principles
- debt collection and taxation principles


Details of Learning Activities

Students will study Small Business Law skills and theory in class sessions and through prescribed
exercises and assessment work. These concepts will also be explored through the investigation
of appropriate real world and simulated environments.


Teaching Schedule

Weekly Schedule


Week beginning                    Topics                                                                                      Assessment

Week 1 - 11 February           Introduction + administrative matters
Week 2 - 18 February           Library tour
Week 3 - 25 February           Australian Legal System                                               Case study test handed out for return week 10
Week 4 - 3 March                  Legislation as a source of law
Week 5 - 10 March                Modern approach to Statutory Interpretation
Week 6 - 17 March                Business structures – sole traders and partnerships
20-26 March vacation           EASTER HOLIDAY
Week 7- 31March                  Business structures – Corporations and Trusts
Week 8 - 7 April                     Multiple choice/ short answer in class                Test (open book) in class test (20 marks)
Week 9 - 14 April                   Agency.
Week 10 - 21 April                 Insurance Requirements for Small Business                  Case study due (20 marks)
Week 11 - 28 April                 Law of Torts - negligence                                                Give out assignment - due week 13
Week 12 - 5 May                    Consumer Law
Week 13 - 12 May                  Debt Collection                                                                  Assignment due (20 marks)
Week 14 - 19 May                  Taxation Principles
Week 15 - 26 May                  Revision
Week 16 - 2 June                  Final test open book                                                         Final test open book (40 marks)
Week 17 - 9 June                  Deferred Assessment
Week 18 - 16 June                Review


Learning Resources

Prescribed Texts

There is no prescribed text, but there are detailed class notes on the learning hub. It is
recommended you purchase a legal dictionary (see below)


References

Australian Business Law 5th edition by Vickery + Pendleton- publisher Prentice Hall
Business, Society and the Law 4th edition by Terry + Giugni- publisher Thomson
Butterworths Concise Australian Legal Dictionary
Cornerstones of Australian Law 2nd edition by Callie Harvey
Publisher Tilde university Press
A Guide to Business Law 15th edition by Carvan Miles +Dowler – publisherThomson LawBook Co
Fundamentals of Business Law 4th edition by Baron + Fetcher - publisher McGraw Hill
Laying Down the Law 5th edition by Morris et al- Butterworths
Legal aspects of your Small Business 3rd edition by Ian Birt publisher Pearson Prentice Hall
Legislation by Kath Hall - Butterworths Guides
Osborn’s Concise Law Dictionary


Other Resources

Online Resources:
Australian Legal Sites (acclaw.bf.rmit.edu.au/legal)
Australasian Legal Information Institute (www.austlii.edu.au)
CCH Online (www.cch.com.au)
ComLaw (www.comlaw.gov.au)
Department of Infrastructure www.doi.vic.gov.au
LexisNexis Butterworths Online (www.butterworthsonline.com)
State Revenue Office www.sro.vic.gov.au
Supreme Court of Victoria (www.supremecourt.vic.gov.au)
VCAT www.vcat.vic.gov.au
Victorian Legislation and Parliamentary Documents (www.dms.dpc.vic.gov.au)


Overview of Assessment

Assessments may include: short in class exercises, class tests, question and answer activities, assignments and open book exams.
Students will be provided with formative feedback to establish their progress in the course and identify areas which need more work.


Assessment Tasks

Assessment that learning outcomes have been achieved will be by:
Multiple choice test Week 08 20%
Case study due Week 10 20%
Assignment Week 13 20%
Final Test Week 16 40%
100%
Multiple choice test will be conducted under open book conditions which allows students to bring into the test in any written materials they wish. It will be for one hour in week 8.
There will be multiple choice, true and false and short questions requiring answers not exceeding 20 lines. Maximum mark 20%. It will be on the materials covered in weeks 1-7.

Case study: You will be given a short reported case and a series of questions relating to the case which you will be required to answer in your own time and return in week 10. The
reported case and questions will be given out in week 3 or perhaps earlier. The maximum mark is 20%.

Assignment: you will be given details of two fact situations in class in week 11 and you are to provide written advice on each problem in week 13. The assignment will cover all material covered to week 11, but with an emphasis on weeks 9 -11. The maximum mark is 20 %

Final test: In week 16 under open book conditions covering the whole course. You will be asked to give written advice on problems you are given. The maximum mark is 40% and the time allowed for the test 1 hour 30 minutes plus 15 minutes reading time.


Assessment Matrix

  Class       tests Case        study Assignment
Identify and implement business legal requirements.                          x  x  x
Comply with
Legislation, codes and regulatory requirements
 x  x  x
Negotiate and arrange contracts.
     

Other Information

The week by week teaching programme and dates for assessment are subject to negotiation and variation.

Course Overview: Access Course Overview