Course Title: Establish business and legal requirements
Part B: Course Detail
Teaching Period: Term1 2010
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
telephone: 9925 5466
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
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
Comply with legislations, codes and regulatory requirements
 Comply with legislation, codes and regulatory requirements.
Identify and implement business legal requirements.
 Identify and implement business legal requirements
Negotiate and arrange contracts
[3.1] Legal advice on contractual rights and obligations is sought, if required, to clarify business liabilities.
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.
Week beginning Topics Assessment
Week 1 - 8 February No class – Joanne to hand out this summary of course
Week 2 - 15 February No class – Joanne to hold class
Week 3 - 22 February Australian Legal System Case study test handed out for return week 8
Week 4 - 1 March Legislation as a source of law
Week 5 - 8 March Labour Day holiday
Week 6 - 15 March Modern approach to Statutory Interpretation
Week 7- 22 March Business structures – sole traders and partnerships
Week 8 – 29 March Business structures – Corporations and Trusts Case study due (20 marks)
Thursday 1 April to Wednesday - 7 April EASTER HOLIDAY
Week 9 12 April In class test Multiple choice/ short answer Test (open book) (20 marks)
Week 10 – 19 April Agency Give out assignment due week 14
Week 11 - 26 April ANZAC Day Holiday
Week 12 - 3 May Insurance Requirements for Small Business
Week 13 - 10 May Law of Torts - negligence
Week 14 - 17 May Consumer Law & Debt Collection Assignment due (20 marks)
Week 15 - 24 May Taxation Principles
Week 16 - 31 May Final test open book Final test open book (40 marks)
Week 17 - 7 June Deferred Assessment – no classes
Week 18 - 14 June Review – no classes
There is no prescribed text, but students should obtain a legal dictionary.
Australian Business Law 5th edition by Vickery + Pendleton- publisher Prentice Hall
Australian Legal Sites (acclaw.bf.rmit.edu.au/legal)
Australasian Legal Information Institute (www.austlii.edu.au)
CCH Online (www.cch.com.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)
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 that learning outcomes have been achieved will be by:
Multiple choice test Week 09 20%
Case study due Week 08 20%
Assignment Week 14 20%
Final Test Week 16 40%
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 9.
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 2-7.
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 8. 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 10 and you are to provide
written advice on each problem in week 14. The assignment will cover all material covered to week 14
but with an emphasis on weeks 10 -14. 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.
The week by week teaching programme and dates for assessment are subject to negotiation and variation.
Course Overview: Access Course Overview