Course Title: Business and Corporations Law

Part A: Course Overview

Course Title: Business and Corporations Law

Credit Points: 12.00


Course Code




Learning Mode

Teaching Period(s)


City Campus


660H Graduate School of Business and Law


Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 2 2017,
Sem 2 2018,
Sem 1 2019,
Sem 2 2019,
Sem 1 2020,
Sem 2 2020,
Sem 1 2021,
Sem 2 2021,
Sem 1 2022,
Sem 2 2022,
Sem 1 2023,
Sem 2 2023


Open Learning Australia

Non Award

660H Graduate School of Business and Law

Distance / Correspondence


Course Coordinator: Lydia Thiagarajah

Course Coordinator Phone: +61 3

Course Coordinator Email:

Course Coordinator Location: Building 13

Course Coordinator Availability: By appointment

Pre-requisite Courses and Assumed Knowledge and Capabilities


Course Description

The course teaches legal principles important in a commercial environment, focussing particularly on the principles needed by accountants providing professional accountancy services, including the law of contract, negligence and company law. This course will allow you to develop skills in reading, understanding and applying relevant legal principles from both legislation and court decisions, and you will be exposed to critical thinking about the socio-legal framework and legal and ethical standards underpinning the practice of accountancy and business in general.

In this course, you will acquire the knowledge of legal principles underpinning various business structures and transactions, including law of contract and negligence, and focussing on the principles relating to and regulating registered companies. It aims to provide you with an understanding of the legal environment and ethical framework within which companies operate in Australia and internationally.

Objectives/Learning Outcomes/Capability Development


On completion of the course you should be able to:

  1. Identify key elements of the Australian legal and ethical framework that underpin business and commercial situations, including the law of contract, law of negligence and company law, and apply them to complex legal problems and case studies.  
  2. Critically explore and evaluate legal principles relevant to business professionals and apply case and statutory law to solve practical legal problems. 
  3. Analyse and research complex legal problems relating to business and company law and compose a reasoned legal opinion to discuss the strength (and weaknesses) of various courses of action. 
  4. Identify and evaluate the various forms of business structures available and provide clear recommendations to a client on the applicability and impact to a given broad commercial and corporate contexts. 
  5. Generate and apply sophisticated legal problem-solving skills by using principles of negligence, contract law, and company law to analyse and respond to practical fact-based scenarios. 
  6. Identify and critically analyse legal risks in commercial transactions and advise on the legal mechanisms available to address or mitigate potential concerns. 

Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. The lecture notes and workshop notes are posted on Canvas.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period. 

Overview of Assessment

The assessment alignment list below shows the assessment tasks against the learning outcomes they develop.

Assessment Task 1: 10%
Linked CLOs: 1, 2

Assessment Task 2: 40%
Linked CLOs: 1, 2, 3, 4, 5, 6

Assessment Task 3: 50%
Linked CLOs: 1, 2, 3, 4, 5, 6

Feedback will be provided throughout the semester in class and through individual feedback on practical exercises.