Course Title: Commercial Law

Part A: Course Overview

Program: C6070

Course Title: Commercial Law

Portfolio: BUS

Nominal Hours: 51.0

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.

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
LAW5048	City Campus	TAFE	650T TAFE Business	Face-to-Face	Term1 2007, Term1 2008, Term1 2011

Course Contact: Andrew Webster

Course Contact Phone: +61 3 9925 5458

Course Contact Email: andrew.webster@rmit.edu.au

Course Description

This module covers partnerships, bankruptcy, trusts, business names, company and association names and franchises.

Pre-requisite Courses and Assumed Knowledge and Capabilities

LAW5040 Legal Process [VBM898]
LAW5043 Law of Contract [VBM895]

National Competency Codes and Titles

National Element Code & Title:

VBM899 Commercial Law

Learning Outcomes

1. Analyse partnerships, their advantages and disadvantages, and examine the steps necessary to create them.
2. Analyse and determine the legal requirements of partnerships and discuss the relationships of partners to each other and to parties outside the partnership.
3. Analyse the rights and obligations of creditors and debtors in the context of the alternative consequences which may follow a debtor’s failure to pay.
4. Analyse the consequences of bankruptcy upon the parties involved.
5. Analyse the major features of trusts, the process of their creation, maintenance and dissolution, and the rights and responsibilities of the parties involved.
6. Analyse the legal requirements of the use and registration of business, company and association names, and the rights of their owners.
7. Analyse the legal nature of franchises, their regulation, and the rights and liabilities of the parties.

Overview of Assessment

Assessment will consist of written tests.