| Effective Term: | 2025/05 |
| Institute / School : | Institute of Innovation, Science & Sustainability |
| Unit Title: | Commercial Law |
| Unit ID: | BUACC1002 |
| Credit Points: | 15.00 |
| Prerequisite(s): | Nil |
| Co-requisite(s): | Nil |
| Exclusion(s): | (BUACC1004 and BULAW1503) |
| ASCED: | 080301 |
| Other Change: | |
| Brief description of the Unit |
This unit covers some key aspects of commercial law which are central to the operation of business. The focus of this unit is on topics; agency law; insurance law; bankruptcy law, property law (real and personal), and consumer protection law. Students examine case and statute law in ways that help them apply the new areas of law to a variety of commercial settings |
| Grade Scheme: | Graded (HD, D, C, P, MF, F, XF) |
| Work Experience Indicator: |
| No work experience |
| Placement Component: | |
| Supplementary Assessment:Yes |
| Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment |
| Course Level: |
| Level of Unit in Course | AQF Level(s) of Course | | 5 | 6 | 7 | 8 | 9 | 10 | | Introductory | | |  | | | | | Intermediate | | | | | | | | Advanced | | | | | | |
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| Learning Outcomes: |
| Knowledge: |
| K1. | Recognise the regulatory and facilitative effects of law in commercial transactions |
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| K2. | Identify and explain laws (both statutory and case law) related to commercial law topics |
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| K3. | Examine the rationale or policy for particular legal approaches or rules |
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| K4. | Explain the commercial legal responsibilities to manage risk |
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| Skills: |
| S1. | Explain the policy or regulatory role of commercial law in particular settings |
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| S2. | Identify legal issues in a specific case scenario to appreciate how to apply the law to commercial settings |
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| S3. | Investigate and research commercial law issues, and communicate written solutions |
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| Application of knowledge and skills: |
| A1. | Integrate social, environmental, sustainability and ethical perspectives into a business context |
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| A2. | Assess legal risk in a range of different business settings |
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| A3. | Use legal reasoning and logic to problem solve, research, and analyse issues involving commercial law |
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| Unit Content: |
Topics may include:
1. Agency Law
2. Insurance Law
3. Bankruptcy Law
4. Property Law (real, personal and intellectual)
5. Australian Consumer Law (competition and consumer law) |
| Graduate Attributes: |
| Federation University recognises that students require key transferable employability skills to prepare them for their future workplace and society. FEDTASKS (Transferable Attributes Skills and Knowledge) provide a targeted focus on five key transferable Attributes, Skills, and Knowledge that are be embedded within curriculum, developed gradually towards successful measures and interlinked with cross-discipline and Co-operative Learning opportunities. One or more FEDTASK, transferable Attributes, Skills or Knowledge must be evident in the specified learning outcomes and assessment for each FedUni Unit, and all must be directly assessed in each Course.
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| FED TASK and descriptor | Development and acquisition of FEDTASKS in the Unit | | Level | FEDTASK 1
Interpersonal | Students will demonstrate the ability to effectively communicate, inter-act and work with others both individually and in groups. Students will be required to display skills in-person and/or online in: • Using effective verbal and non-verbal communication • Listening for meaning and influencing via active listening • Showing empathy for others • Negotiating and demonstrating conflict resolution skills • Working respectfully in cross-cultural and diverse teams. | N/A - Not Applicable | FEDTASK 2
Leadership | Students will demonstrate the ability to apply professional skills and behaviours in leading others. Students will be required to display skills in: • Creating a collegial environment • Showing self -awareness and the ability to self-reflect • Inspiring and convincing others • Making informed decisions • Displaying initiative | N/A - Not Applicable | FEDTASK 3
Critical Thinking and Creativity | Students will demonstrate an ability to work in complexity and ambiguity using the imagination to create new ideas. Students will be required to display skills in: • Reflecting critically • Evaluating ideas, concepts and information • Considering alternative perspectives to refine ideas • Challenging conventional thinking to clarify concepts • Forming creative solutions in problem solving. | Level 1 - Students require directions and boundaries from mentor | FEDTASK 4
Digital Literacy | Students will demonstrate the ability to work fluently across a range of tools, platforms and applications to achieve a range of tasks. Students will be required to display skills in: • Finding, evaluating, managing, curating, organising and sharing digital information • Collating, managing, accessing and using digital data securely • Receiving and responding to messages in a range of digital media • Contributing actively to digital teams and working groups • Participating in and benefiting from digital learning opportunities. | N/A - Not Applicable | FEDTASK 5
Sustainable and Ethical Mindset | Students will demonstrate the ability to consider and assess the consequences and impact of ideas and actions in enacting ethical and sustainable decisions. Students will be required to display skills in: • Making informed judgments that consider the impact of devising solutions in global economic environmental and societal contexts • Committing to social responsibility as a professional and a citizen • Evaluating ethical, socially responsible and/or sustainable challenges and generating and articulating responses • Embracing lifelong, life-wide and life-deep learning to be open to diverse others • Implementing required actions to foster sustainability in their professional and personal life. | N/A - Not Applicable |
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| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | | 1. | K1, K2 | Individual Moodle test | Test | 10%-20% | | 2. | K1, K2, K3, K4, S1, S2, S3, A1, A2, A3 | Individual written assignment involving a case scenario and/or essay question | Written assignment | 30%-40% | | 3. | K1, K2, K4, S1, S2, S3, A1, A2, A3 | Comprehensive review of topics/final examination | Final invigilated examination | 50%-60% |
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