Course Title: Apply the principles of contract law
Part B: Course Detail
Teaching Period: Term2 2019
Course Code: LAW5730C
Course Title: Apply the principles of contract law
School: 650T Vocational Business Education
Campus: City Campus
Program: C5379 - Diploma of Financial Services
Course Contact: Callie Harvey
Course Contact Phone: +61 3 9925 5772
Course Contact Email: callie.harvey@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Anthony Di Stasio
Nominal Hours: 60
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
This unit describes the skills and knowledge required to analyse and evaluate information from a variety of sources and supply solutions to contractual issues in a legal environment.
It applies to individuals who provide support in a range of legal service settings with a degree of responsibility to plan and complete investigations.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBLEG415 Apply the principles of contract law |
Element: |
1. Determine nature and meaning of contract |
Performance Criteria: |
1.1 Access sources of legal information on nature and meaning of contract 1.2 Distinguish between common law and legislation in contract 1.3 Assess significance of contracts and contract law in business, and document outcomes of this assessment |
Element: |
2. Determine principles of contract law |
Performance Criteria: |
2.1 Define legal principles governing simple contracts 2.2 Identify and document key elements of a simple contract matter |
Element: |
3. Enhance professional practice through application of relevant principles of contract law |
Performance Criteria: |
3.1 Assess a legal matter involving contractual issues by applying principles of contract law 3.2 Analyse and evaluate key issues 3.3 Review analysis with designated person |
Element: |
4. Distinguish between a contract being discharged or breached |
Performance Criteria: |
4.1 Specify procedures for discharge of contracts 4.2 List available remedies for breach of contract 4.3 Apply procedures for discharge of contracts to workplace legal matter 4.4 Apply identified remedies to a relevant workplace legal matter |
Learning Outcomes
Details of Learning Activities
A range of learning activities are planned for this course including self-paced and collaborative classroom based activities.
The self-paced activities will be delivered thought various technology platforms and include your contribution to activities, discussion threads, reflective journals on industry updates, presentations, quizzes and interactive sessions.
The collaborative classroom based activities will include role plays, group discussion, group problem solving activities and opportunities to practice your skills in a simulated/real workplace environment.
You are expected to participate and contribute in all scheduled learning activities
Teaching Schedule
This course is comprised of one single competency.
BSBLEG415 - Apply the Principles of Contract Law
The teaching schedule for this course is subject to change.
Week |
Topic |
Readings and Activities |
Assessment |
|
Week 1
|
Topic 1 - Course Introduction and Background into the Australian Legal System |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
|
Week 2
|
Topic 2 – Common and Statutory Law in Contracts |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
|
Week 3 25/2/19 |
Topic 3 - Defining a Contract |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
|
Week 4
|
Topic 4 - Legal Principles Governing Contracts (Part One) |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
|
Week 5
|
Topic 5 - Legal Principles Governing Contracts (Part Two) |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
|
Week 6
|
Topic 6 – When is a Contact Invalid? |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
|
Week 7
|
Topic 7 – Discharge of a Contract |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
|
Week 8
|
Topic 8 – Remedies for Breach of a Contract |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
Week 9 |
Topic 9 – Remedies for Breach of a Contract |
Read the PowerPoint Presentation for this week |
|
|
Week 10
|
Topic 10 – Contact Law for Bank Deposits and Lending |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback Assessment Task One - Case Study Due Date: Week 1 You will receive the feedback in week 11. If required, resubmission for this assessment is due by the end of week 13. |
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mid-semester break will be between 2-6/9/2019. |
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Week 11
|
Topic 11 – Contact Law for Business Banking |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback
|
|
Week 12
|
Topic 12 – Contact Law for Insurance |
Read the PowerPoint Presentation for this week |
One hour weekly online learning ad submitted online for teacher feedback |
|
Week 13
|
Topic 13 – Contact Law for Annuities |
Read the PowerPoint Presentation for this week |
|
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Week 14
|
Revision for Supervised Assessment (Assessment Task Two) |
Read the PowerPoint Presentation for this week |
|
|
Week 15
|
Supervised Assessment |
Read the PowerPoint Presentation for this week |
Assessment Task 2 - In Class Supervised Assessment
You will receive the feedback in week 16. If required, resubmission for this assessment is due by the end of week 17. |
|
Week 16
|
Feedback Supervised Assessment Resits |
|
|
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Week 17
|
Feedback Supervised Assessment Resits |
The nominal hours associated with this are a guide only and represent the total teaching time and student effort required to successfully complete this course. This may include not only scheduled classes but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities
Learning Resources
Prescribed Texts
References
Other Resources
RMIT Library
The University Library provides extensive services, facilities and study space as well as comprehensive collections of books, periodicals and other course-related materials, such as DVD’s, magazines, slides, films etc. Computer laboratories with access to a wide range of desktop publishing software are also available. The library also has an expanding virtual collection of electronic resources and networks, including product data, e-books, electronic journals and newspapers, web-based tutorials, online reference and document delivery services etc., all of which are accessible
on campus, and off-campus 24 hours per day. More information on library resources and services can be found at:
http://www.rmit.edu.au/library (http://www.rmit.edu.au/library)
The Learning Lab is a collection of web-based resources including tip sheets and interactive tutorials on study skills,
writing, English language development, and maths. Access RMIT’s Learning Lab online via this link:
https://www.rmit.edu.au/students/study-support/learning-lab
Library eReserve Service
http://www.rmit.edu.au/library/ereserve
Academic Integrity
https://www.rmit.edu.au/students/student-essentials/rights-and-responsibilities/academic-integrity
Copyright Management Service
http://www1.rmit.edu.au/copyright
Academic Policies and Procedures
Information regarding RMIT policies and procedures related to assessment can be found in the booklet “Student Information Guide” provided to you at the time of your enrolment or from the
RMIT website. Where matters beyond your control interfere with the completion of assessment components, you may seek special consideration. Information about this is available here:
http://www.rmit.edu.au/about/governance-and-management/policies/assessment-policy. You should note that the special consideration policy distinguishes between tests and exam
Overview of Assessment
In order to achieve competency in this unit, you must provide:
Performance evidence
Evidence of the ability to:
- apply principles of contract law
- demonstrate the steps for discharge of a contract.
Knowledge Evidence
To complete the unit requirements safely and effectively, the individual must:
- define commonly used legal terminology, institutions and main features of Australian legal system
- outline methods used to identify appropriate information sources of Australian law
- explain nature, aims and rationale of contracts, including agreements, intention to create legal relations, consideration, and capacity to contract
- explain remedies for breach of contract
- describe illegal and void contracts
- explain privacy of contract and assignment of contract.
Assessment conditions
Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the legal services administration field of work and include access to:
- office equipment and resources
- legislation and regulations relevant to contract law
- sources of information about contract law.
Feedback
Feedback will be provided throughout the semester in class and/or online discussions. You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed. Finally, you can email or arrange an appointment with your teacher to gain more feedback on your progress.
You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course.
Assessment Tasks
This course is comprised of one single competency.
LAW5730C – Apply the Principle of Contract Law
You will demonstrate competency by undertaking two assessments. The assessments for this course have been designed to allow you to apply your learning to and demonstrate your competence in a variety of ways.
Assessment Task 1 – Knowledge Assessment Task Due Date: Week 10
This assessment has been designed for you to progressively build your knowledge and skills in Contract Law to determine the principles of contract law in Financial Services
You are required to demonstrate your knowledge by completing a series of theory and problem solving questions that involve research and the application of concepts relevant in financial services.
This assessment task is one of two required to demonstrate competency for this unit.
Assessment Task 2 - Knowledge Assessment Task Due Date: Week 15
For this Assessment Task you are required to demonstrate your knowledge by completing an Open book, In-Class supervised assessment comprised of a series of theoretical and practical questions
The assessment comprises of problem solving style questions. The purpose of this task is to assess your understanding of the concepts and issues included in the course. The duration of the assessment is two hours.
You must successfully complete all 2 assessment tasks to achieve competency in this course
Assessment Matrix
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Submission Requirements
You should:
Late Submission Procedures You are required to submit assessment items and/or ensure performance based assessment is completed by the due dates. If you are prevented from submitting an assessment item on time, by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days. More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/extensions-of-time-for-submission-of-assessable-work Where an extension of greater than seven days is needed, you must apply for Special Consideration. You must submit your application within five working days after your assessment date or due date. More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/special-consideration Resubmissions (VET Programs): If you are found to be unsuccessful (Not satisfactory/Unsatisfactory) in a Course Assessment Task you will be allowed one resubmission. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the resubmission. If you are still not meeting the assessment requirements you must apply to your Program Manager in writing outlining the steps you will take to demonstrate competence in your course. Your submission will be considered by the Program Team and you will be advised of the outcome as soon as possible. Adjustments to Assessment In certain circumstances students may be eligible for an assessment adjustment. For more information about the circumstances under which the assessment arrangements might be granted please access the following website:
Final Results
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying.
You will receive feedback on each assessment task that will inform you about your progress and how well you are performing.
The following grades are available for this course: | ||
CA |
Competency Achieved |
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NYC |
Not Yet Competent |
|
DNS |
Did Not Submit for Assessment |
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Other Information
Online learning materials can be accessed by going into the RMIT web sites Online Learning Hub.
The online learning materials listed include
- Course outlines
- Power point Presentations
- Supporting Reading material
- Industry relevant articles
- Activities
Course Overview: Access Course Overview