This unit has students examine the legal and equitable principles and statutory framework underpinning contract law in Australia with an emphasis on practical and commercial applications of the relevant principles. Analyse the critical, theoretical perspectives against current events, both domestic and abroad to fully understand contracts in everyday practice.
Students learn about what an enforceable contract is, why fairness in contract formation is essential and the reality of pitfalls in contracts including breaches and what to do if a contractual relationship fails. This unit is designed for business professionals needing to create, review and negotiate contracts, while at the same time safeguarding themselves and their business from legal risks.
Topics covered include:
- Enforceable contract
- Fairness in contract formation
- Practical pitfalls in contracts
- Performance and breach
- What happens with the contractual relationship fails?
- Contract law in context
Learning outcomes
- Identify the legal and equitable principles and statutory framework underpinning the law of contract in Australia
- Analyse key practical issues arising in contract terms and performance
- Demonstrate high levels of understanding of issues which affect the making and enforcement of contract terms
- Apply relevant legal principles to the practical application of contract law
- Demonstrate an advanced capacity to apply relevant legal principles to factual scenarios using clear and logical language.
Courses
You can study this unit as a part of the Master of Business Law, Graduate Certificate in Business Law, or the Master of Laws (Business Law).
Please note, unit structure and content are subject to change. Contact your SCU Online student advisor on 1300 863 819 for more information based on your particular circumstances.