Introduction
This unit covers a wide range of interesting legal topics and teaches students how to analyse, and solve legal problems, all essential skills for those wishing to work in the field of financial planning. The unit combines topics that are necessary for a consideration of business and corporate law including: examining the role and functions of the main regulators currently operating in the Australian financial services industry; the sources of law in Australia; how to read and understand legislation and case law; basic business organisations; contract law principles, (including a consideration of terms in a contract and rights on breach of contract); liability in tort law; agency and consumer law; Australian corporate law and corporate governance principles. This unit also provides you with an introduction to the process of estate planning – which is the process of planning to ensure that the value of a person's assets continues to grow after they die. In financial planning, a great deal of time is spent on developing strategies so that individuals can accumulate wealth while they are alive. Much less time is spent on organising strategies that will enable these assets to continue to accumulate after the individual dies.
Summary 2020
Unit name | Commercial Law and Financial Services Regulation |
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Unit code | BFA514 |
Credit points | 12.5 |
Faculty/School | College of Business & Economics Tasmanian School of Business and Economics |
Discipline | Accounting and Corporate Governance |
Coordinator | |
Level | Postgraduate |
Available as student elective? | No |
Breadth Unit? | No |
Availability
Note
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TNE Program units special approval requirements.
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Learning Outcomes
LO1 | Describe and evaluate the sources of law and legal principles relating business trading structure. |
LO2 | Describe the sources of law and legal principles relating to consumers. |
LO3 | Research legal principles and knowledge (statute law and case law) using problem solving skills in a variety of situations. |
LO4 | Demonstrate an understanding of the estate planning process. |
LO5 | Evaluate the importance of trusts (including testamentary trusts) and asset protection. |
Fees
Teaching
Assessment | Internal Assessments (40%); Examination (60%). |
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Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
Required | Details of any required textbooks will be available in the Unit Outline. |
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The University reserves the right to amend or remove courses and unit availabilities, as appropriate.