James Cook University Subject Handbook - 2024

CO5119 - Business Law

Subject Description

This subject addresses the legal foundations of business. Focus will be on the nature, role and sources of law; the major legal systems of the world; the common law system; the laws regulating agreements, obligations and property; industrial and intellectual property; restrictive trade practices and fair trading; financial instruments and securities; technology transfers including licensing and franchising; legal process and alternative dispute resolution.

Learning Outcomes

• understand national and international legal and regulatory systems within which business operates
• understand key legal provisions that impact on business, its structure(s), and method(s) of operation
• compare and contrast the competing needs and interests of business entities, their owners, consumers, creditors and society as a whole and critique the ability of the current legal framework to balance and satisfy those competing needs and interests

Subject Assessment

• Written > Examination (centrally administered) - (50%) - Individual
• Written > Test/Quiz 1 - (20%) - Individual
• Written > Case study analysis - (30%) - Individual

Note that minor variations might occur due to the continuous subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.

Inadmissible Subject Combinations:  LB5004 CO5108

Availabilities