LAW105 Introduction to Business Law – Comprehensive Study Notes
Unit Aims
- On completion of the unit, a student should be able to:
- Identify and critically examine the various business structures suitable for a commercial activity.
- Demonstrate an in-depth understanding and application of the legislation governing commercial activity.
- Display an advanced grasp of the principles of commercial law and their contemporary social relevance.
- Critically evaluate both the legal and non-legal frameworks that regulate business ethics in commercial activity.
- Significance: These aims map directly onto the graduate-attribute mix of analytical thinking, statutory literacy, and ethical reasoning, laying foundations for later specialist subjects such as Corporations Law or Taxation Law.
Introductory & Administrative Matters
- Regular lecture attendance is expected; tutorials commence in Week 2 and materially improve assignment and exam performance.
- Prescribed text: Nick James & Thomas, Business Law (6th ed. preferred, 5th ed. acceptable).
- Essential legislation: Students must purchase or access statutory compilations; online repositories (e.g., AustLII, ASIC) are integral.
- Queries on content ➔ lecturer/tutor; however, assignment-extension authority lies exclusively with the online Portal.
- Assessment regime:
- Quiz/Test (15 %) – Week 3.
- Case Study (35 %) – Week 9.
- Final Exam (50 %).
- To pass: submit all items and achieve ≥ 50 % overall; lecturers may require viva-voce confirmation or in-class rewrites.
- Submission protocol: upload via Learnline; direct email is not accepted.
- Academic integrity: plagiarism or collusion will be penalised; secure, password-protected course websites must be used when distributing Wiley materials, which cannot be retained beyond the course duration.
Copyright Notice (Wiley Materials)
- Permitted lecturer uses:
- Adaptable PowerPoints in class.
- Select Test-Bank questions in quizzes/exams.
- Selected solutions for homework.
- Limitations:
- Only for enrolled students, only during course, only via secure site.
- No course-pack resale; no large-scale distribution of Solutions Manuals/Test Banks.
- Reproduction of full solutions requires written Wiley consent.
1.1 Law and the Business Person
- Ubiquity of law: permeates personal life, business operations, media, and popular culture – “few aspects of life are not regulated.”
- Definitions:
- Law: the set of rules made by the state and enforceable through prosecution or litigation.
- Business law: the system of rules regulating business activities, likewise state-made and enforceable.
- Purposes of law:
- Resolving disputes, maintaining social order, preserving/enforcing community values, protecting the disadvantaged, stabilising the economy, preventing misuse of power.
- Ethical lens: fairness and distributive goals often shape the business-law landscape (e.g., consumer-protection statutes).
- Typology of law (public v private):
- Public: Constitutional, Administrative, Criminal, Tax.
- Private: Tort, Contract, Property, Commercial, Employment, Company & Partnership, Competition & Consumer.
- Drivers of legal change: political turnover, corrective amendments, evolving community values, lobbying pressure, technological advances.
1.3 Justice, Ethics & Politics
- Concept map: Law intersects with Ethics/Morality, Justice, and Politics.
- Justice as fairness:
- Distributive justice – fair allocation of resources.
- Procedural justice – fair decision-making processes.
- Retributive justice – fair punishment/compensation.
- Law–Ethics alignment:
- Generally overlapping but not identical; legality ≠ morality and vice-versa (e.g., aggressive tax avoidance may be legal yet unethical).
- Law–Politics interface:
- Legislation embodies political ideology; policy objectives materialise through statutes (e.g., stimulus packages, industrial-relations reforms).
- Contemporary concern: regulatory overload (“red tape”) and litigious culture disproportionately affect business compliance costs.
2 The Australian Legal System
Core Characteristics
- Liberal democracy – elected government constrained by rule of law.
- Common-law system – British heritage; precedent-based reasoning vs. civil-law codification.
- Constitutional monarchy – Elizabeth II as Head of State (prospective republican debates).
- Federation – dual sovereignty: Federal + six States (+ Territories).
- Separation of powers – legislative (Parliament), executive (Government), judiciary (Courts).
- Responsible government – Ministers sit in and answer to Parliament.
- Distinction: Division of powers (Federal v State competences) vs. Separation (legislature/executive/judiciary).
Historical Milestones
- Pre-1788: sophisticated Indigenous legal systems unrecognised by British arrival.
- Terra nullius doctrine ➔ colony “settled,” not conquered or ceded by treaty; British law imported via doctrine of reception.
- Gradual colonial self-governance; by late 19th C, six self-governing colonies with constitutions.
- 1 Jan 1901 – Federation; colonies became States, ceding enumerated powers to Commonwealth yet retaining residual authority.
- Post-statute evolution: complete legislative independence from UK; remaining step = potential transition to a republic.
4 Finding, Understanding & Using the Law
4.1 Legal Research
- Primary legal materials – binding law:
- Legislation: Acts + delegated instruments; verify currency (amendments/repeals).
- Case law: judicial decisions. Citation anatomy: Donoghue v Stevenson [1932] AC 562 (parties, year, report series, page).
- Secondary legal materials – persuasive only:
- Textbooks, journal articles, dictionaries, encyclopedias.
- Key databases:
- AustLII (free), Federal Register of Legislation, State/Territory sites (e.g., NT Legislation Database), ASIC for corporate data.
4.2 Interpreting Legislation & Case Law
- Legal drafting criticisms: complexity, redundancy, archaic language – plain-English reforms require documents to be “easily legible.”
- Presumptions of statutory interpretation (absent express words):
- No extra-territorial effect.
- No retrospective operation.
- Consistency with international law.
- Respect for fundamental common-law rights.
- Non-binding of the Crown.
- Words bear current, technical, and consistent meanings.
- Competing interpretive philosophies (illustrated by Pryor cartoon):
- Literalism – ordinary meaning.
- Purposivism – legislative intent/objective.
4.3 Thinking Like a Lawyer – Problem-Solving Frameworks
- Four-step model:
- Identify the legal issue.
- Identify relevant legal rules.
- Apply rules to facts (analysis/argument).
- State the conclusion.
- IRAC variant (Issue, Rules/Research, Application/Arguments, Conclusion) aligns with Problem-Based Learning (PBL) pedagogy which prepares students for unstructured real-world problems.
- Example: Negligence (Occupier’s Liability) – legal rules require duty, breach, causation + remoteness; application references Australian Safeway Stores v Zaluzna and Civil Liability statutes.
- Employers are vicariously liable for employees’ torts (Hollis v Vabu).
- Customary compliance ≠ automatic due-care (Mercer v Commissioner for Road Transport).
4.4 Writing Like a Lawyer
- Style: formal, precise, respectful; avoid contractions, slang, offensive language.
- Clarity checklist: document structure, sentence/paragraph content, word choice, reader-aiding design.
- Letter of Demand structure: Subject → Background → Problem → Solution → Warning → Closing (see Organicola Pty Ltd example for $1000 invoice).
- Simple Contract Drafting:
- Step 1 – Outline (parties, consideration, obligations, terms, termination, signatures).
- Step 2 – Draft clauses in logical sequence (one topic per clause).
- Step 3 – Test/revise for ambiguity, enforceability, and plain language.
Supplementary Case Law Concepts
- Doctrine of Precedent: lower courts follow binding ratios of higher courts; persuasive value of obiter dicta.
- Ratio decidendi – the legal principle necessary for decision; contrasted with obiter dicta (incidental remarks).
- Classic negligence precedent: Donoghue v Stevenson (1932)
- Lord Atkin’s “neighbour principle”: “You must take reasonable care to avoid acts or omissions which you can reasonably foresee would be likely to injure your neighbour.”
- Defines neighbour as persons “so closely and directly affected by my act that I ought reasonably to have them in contemplation.”
- Codified influence: Trade Practices Act 1974 s 62 (now Competition and Consumer Act 2010 product-safety provisions).
Statutory Evolution & Numerical References
- Trade Practices Act 1974 → Competition and Consumer Act 2010 (CCA).
- CCA s 87M sets CPI-indexed cap on non-economic damages:
- Starting cap: $250,000 in commencement year.
- Adjustment formula (rounded to nearest 10):
New Max=(Previous Sept CPICurrent Sept CPI)×Previous Max - If result is multiple of 5 but not 10, round up to nearest 10.
- NT legislation: https://dcm.nt.gov.au/nt-legislation-and-publications/current-nt-legislation-database
- Federal legislation: https://www.legislation.gov.au/ (replaces ComLaw).
- AustLII: http://www.austlii.edu.au/ (cases & statutes nationwide).
Problem-Question Answering Gold Standard
- Issue(s) – contentious legal questions.
- Law – authority (case/statute) + when to narrate facts of authorities.
- Facts – unscramble, cite only when advancing argument; consider ambiguities.
- Apply IRAC for structured reasoning; mirrors Engel’s PBL cycle and Wade’s articulation.
Future Topic Preview
- Next lecture/chapter: Deliberately Causing Harm (Chapter 5) – integrates with torts such as battery and intentional infliction of harm, building on negligence foundation.