Course Title: Make decisions in a legal context
Part B: Course Detail
Teaching Period: VE 2024
Class Number: 2856
Class Section: AC4Z
For flexible terms and optional semesters, a Part B course guide may have been published for the entire teaching period, or for the specific class number in which you are enrolled. If there is no Part B course guide published for your specific class number, please refer to the guide for the teaching period in which you are enrolled. Enrolment Online is the definitive source for details regarding your class enrolment.
Course Code: LAW5751C
Course Title: Make decisions in a legal context
Important Information:
Please note that this course may have compulsory in-person attendance requirements for some teaching activities
School: 525T Business & Enterprise
Campus: City Campus
Program: C4435 - Certificate IV in Accounting and Bookkeeping
Course Contact: Nick Reynolds
Course Contact Phone: +61 3 9925 0791
Course Contact Email: nick.reynolds@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
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 make decisions, particularly those relating to compliance issues, in a legal context. It is intended to satisfy the requirement for a course of study in commercial law at an introductory or foundation level, covering Australian legal systems and processes.
It applies to individuals who, within the scope of own responsibility, use specialised knowledge to make decisions that require consideration of the legal context.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
FNSACC413 Make decisions in a legal context |
Element: |
1. Examine legal context of financial services work |
Performance Criteria: |
1.1 Identify key features of Australian legal systems and processes relating to own role 1.2 Identify functions of courts and other regulatory bodies relating to own role 1.3 Analyse implications of related legislation, regulations and legal precedents for operational decisions, and apply findings in decision-making process 1.4 Seek advice and guidance to evaluate and moderate decision-making processes |
Element: |
2. Identify compliance requirements of financial services work |
Performance Criteria: |
2.1 Interpret compliance requirements of own financial services work, and confirm interpretation with authoritative source relating to own role 2.2 Review legislative and regulatory sources of information to identify changes to compliance requirements 2.3 Analyse impact of changes to compliance requirements on business operations, policies and procedures |
Element: |
3. Develop compliance procedures |
Performance Criteria: |
3.1 Develop procedures in consultation with others to address compliance requirements 3.2 Establish timeframes to meet compliance requirements to align with statutory deadlines |
Learning Outcomes
Details of Learning Activities
Welcome to FNSACC413 Make decisions in a legal context.
This is a 9-week course, and all learning and assessment activities for this course must be completed within this time. A weekly breakdown of the activities for this course can be found in the ‘Teaching Schedule’ section below.
To ensure you accomplish the expected learning outcomes of this course, you will be required to devote study time each week outside of scheduled class times, completing exercises, activities and assessment tasks.
All assessment tasks should be completed and submitted by their due dates as shown in CANVAS.
Teaching Schedule
| Week 1 |
Introduction, Welcome and Orientation and Important Information about the course, Teacher contact info, Canvas Navigation, Unit Modules, Resources/Textbook, Assessment and other Q&A about the unit. Introduction to Studying Law
|
Chapter 1 : Self Testing Exercises At the end of this session, please attempt Quiz Chapter 1:Review questions |
| Week 2 | Chapter 2: The Court Structure in Australia |
Chapter 2: Self Testing Exercises Start Assessment 1 |
| Week 3 |
|
Chapter 3: Self Testing Exercises |
| Week 4 |
Chapter 4: Contract Law Operation Chapter 5: Contract Law Remedies Chapter 7: Business Structures |
Chapter 4: Self Testing Exercises Chapter 5: Review questions Chapter 7: Self Testing Exercises (even numbers questions only) |
| Week 5 |
Assignment 1 Review |
Assignment 1 must be submitted |
| Week 6 |
Ch 8 : Negligence & Other Tort Ch 9 Real and Personal Property Ch 10 Intellectual property |
Chapter 5: Self-Testing Exercises Start Assignment 2
|
| Week 7 |
Chapter 11: Consumer Protection Law.
|
SUBMIT ASSESSMENT 2 Part A Negligence, Property Law, Consumer Law End of Week 7 |
| Week 8 |
Ch 14 Compliance Assignment 2 Final Question – must be submitted |
Final Question - Case Study on Compliance to be completed in Discussions. |
| Week 9 | Feedback & Final resubmissions, if required |
Learning Resources
Prescribed Texts
References
Other Resources
Overview of Assessment
Performance Evidence
Evidence of the ability to:
- access information on legislation, statutes, regulations, and legal precedents related to operational decisions
- interpret impact of legislation, statutes, regulations and legal precedents on operational decisions regarding compliance requirements
- review, and assist in developing, organisational procedures to meet compliance requirements.
Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.
Knowledge Evidence
The candidate must be able to demonstrate the following knowledge to effectively complete the tasks outlined in the elements and performance criteria of this unit, and to manage tasks and reasonably foreseeable contingencies in the context of the work role.
- Key features of Australian legal systems and processes, and the context in which they operate, including:
- basic principles, current statute and common law
- roles and responsibilities of key organisations
- constitutional considerations
- separation of powers
- basic principles of the law of torts, particularly relating to:
- negligence
- negligent misstatement
- courts and regulatory bodies
- Key features of current legislation and its general impact on business operations in the areas of:
- consumer law
- contract law
- corporations law, including different business organisational structures and regulations for:
- public and private companies
- trusts
- partnerships
- sole traders
- property law
- superannuation law
- taxation law
- Key decisions in case law and findings
Assessment Conditions
Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the accounting field of work and include access to:
- office equipment, technology, software and consumables required to access information on Australian legal systems and processes, including:
- access to the internet
- legislative and regulatory documentation required for decision making in own role.
Assessors of this unit must satisfy the assessor requirements in applicable vocational education and training legislation, frameworks and/or standards.
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
There will be two assessment tasks for this course as below:
- Knowledge Based Assessment: The Australian Legal System, Courts, Contract and Business Structures - Due: Week 5
- Case Study: Negligence, Property Law, Consumer Law Part A - Due: Week 7 , Compliance Part B Due Week 8
Assessment Matrix
The assessment criteria for all the assessment is available on CANVAS under Assignments.
All assessments will utilise a competency-based model and will be deemed as either Satisfactory or Not Yet Satisfactory.
Other Information
Attendance
Your learning experience will involve online teaching, discussion, demonstration and practical exercises
It is strongly advised that you attend all timetabled sessions. This will allow you to engage in the required learning activities, ensuring you the maximum opportunity to complete this course successfully.
Information about your studies
You can access My Studies through the RMIT website for information about timetables, important dates, assessment dates, results and progress, Canvas etc.
https://www.rmit.edu.au/students
Canvas
Use Canvas to access your course content and announcements, submit assignments, and receive your grades and feedback;
https://www.rmit.edu.au/students/support-and-facilities/it-services-for-students/canvas
Student feedback at RMIT:
You will receive verbal and written feedback by teacher on your work. This feedback also includes suggestions on how you can proceed to the next stage of developing your projects.
The following link is an outline and ways that you will receive your feedback at RMIT;
Assessment
Information on assessment including Special consideration, Adjustments to assessment, (e.g. applying for an extension of time):
https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment
Submitting Assessments onto Canvas
Here is a guide to submitting assessments on Canvas;
Student Progress Monitoring
Academic progress is an important enabling and proactive strategy to assist you to achieve your learning potential.
Please see following access to the Student progress policy webpage; https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-progress
Academic Integrity and Plagiarism
RMIT University has a strict policy on plagiarism and academic integrity. Please see following access for more information on Academic Integrity at RMIT; https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-integrity
Credit Transfer and Recognition of Prior Learning
Credit transfer is the recognition of previously completed formal learning (an officially accredited qualification).Recognition of Prior Learning (RPL) is an assessment process that allows you to demonstrate competence using the skills you have gained through experience in the workplace, voluntary work, informal or formal training or other life experiences.
Please speak to your teacher if you wish to discuss applying for Credit Transfer or RPL for the unit(s) of competency addressed in this course.
https://www.rmit.edu.au/students/student-essentials/enrolment/apply-for-credit
Course Overview: Access Course Overview