Business Law Exam Revision Notes
Week 13 Lecture: Business Law Revision
Final Exam Details
- Format: Bring Your Own Device (BYOD)
- Date: 9am, 11 June 2025 (Wednesday, Exam Period Week 1)
- Weighting: 50% of final mark
- Type: Open book
- Refer to University timetable and student email for venue and timetable changes.
- BYOD Exam Requirements:
- Laptop or iPad (with keyboard)
- Respondus Lockdown Browser (install and test beforehand)
- Fully charged device and charger (charging points available)
- Android tablets will not work.
- Backup laptops will be available if technical issues arise.
- Permitted Materials: Printed materials only (lecture slides, notes, textbook). No digital notes allowed.
- Exam Structure:
- Supervised open-book exam.
- 2 hours plus 10 minutes reading time.
- Four questions generally answered using the IRAC Framework.
- Content Coverage: Focus on lecture content.
- Contract law and the Australian Consumer Law.
- Intellectual property - trademarks.
- The tort of negligence.
- Competition law.
- Privacy law (short response question format).
- Corporations law.
- Weeks 1-3 topics (except where Business Structures overlaps with Corporations Law) will not be directly examined.
- Citation Guidelines:
- Legislation: Abbreviations in table acceptable; create own abbreviations by writing the name in full first with the abbreviation in brackets (e.g. Circuit Layouts Act 1989 (‘CLA’)).
| Legislation | Abbreviation |
|---|
| Civil Liability Act 2002 (NSW) | CLA |
| Corporations Act 2001 (Cth) | CA |
| Competition and Consumer Act 2010 (Cth) | CCA |
| Australian Consumer Law (Cth) | ACL |
| Privacy Act 1988 (Cth) | PA |
| Trade Marks Act 1995 (Cth) | TMA |
* **Cases:** Shortened names of parties (e.g. Donoghue v Stevenson, Masters v Cameron, Boral v ACCC).
- Support Resources:
- General consultation: 3 June, 11am – 1pm (Tuesday, Stuvac).
- Bookable consultations: 4 and 6 June (booking link on Canvas).
- Ed discussion board monitored until Tuesday 10 June at 5pm.
- Week 12 self-study question submission by Friday 11:59pm for feedback (must be hand-written).
- Mock exam and selected legislation excerpts available on Canvas.
- Exam Tips:
- Use reading time to understand the questions (read each question twice).
- Identify what you are asked to do.
- Plan your answer structure on spare paper beforehand, noting key points.
- Consider the examiner's expectations.
- Allocate time: 2 minutes 24 seconds per mark (e.g., 10-mark question = 24 minutes, 15-mark question = 36 minutes).
- When reading a question, ask:
- Who are the relevant parties?
- What is the relationship between them (contractual, tort, employment, etc.)?
- How many parts are there to the question?
- What are the issues and relevant laws?
- Unit of Study Survey: Provide constructive feedback to improve the unit for future students.
Contract Law
- Elements of a Valid Contract (Carlill v Carbolic Smoke Ball):
- Agreement: Offer and acceptance.
- Consideration: Something given in exchange for a contractual promise.
- Intention: Intention to create a legal relationship.
- Capacity: Ability to understand and enter into a contract (e.g., not lacking due to mental disorder, intoxication, or being a minor).
- Formalities: Required only in certain cases (e.g., deeds).
Offer
- Definition: A statement of terms on which the offeror is willing to be bound.
- Rules for a Valid Offer:
- Communication: Must be communicated to the offeree.
- Definite terms: Clear terms so the offeree understands the proposal.
- Intention: Offeror must intend to enter a legally binding agreement.
- Identifiable Offeree: Can be a specific person, group, or the public, but not vague.
- Legal capacity.
- Compliance with formality.
Acceptance
- Definition: Offeree's promise or act indicating willingness to be bound by the offer's terms.
- Rules of Acceptance:
- Must be final: Not a counter-offer or request for more information.
- Must be unqualified: Accept the offer exactly without modification (Hyde v Wrench).
- Communication:
- Must be communicated to the offeror (Felthouse v Bindley).
- Must be communicated before withdrawal/revocation.
- Usually no acceptance by silence (except in unilateral offers where performance implies acceptance).
- Obtaining the benefit of a contract can constitute acceptance (Empirnall Holdings v Machon Paull).
- Can only be accepted by the offeree.
- Knowledge of the offer: Must know about the offer and accept based on it.
Conditional Agreements