Commercial Transactions unit (BFA141)

Shanghai Ocean University

Introduction

Commercial transactions provides an introduction to the Australian legal system, which considers sources of law such as Parliament and the courts, the Federal system, the legislative process, precedent, alternative dispute resolution, an introduction to the law of torts, the law of contract, consumer protection and trade practices law, agency law, introduction to various forms of business organisations including sole traders, partnerships, trusts and corporations, employment law, intellectual property and electronic security.

This unit will also cover select aspects of the Chinese legal and judicial systems, in addition to the Law of Contracts, the Law of Torts, Consumer Law and Partnership Law.

Summary

Unit name	Commercial Transactions
Unit code	BFA141
Credit points	12.5
College/School	Tasmanian School of Business and Economics
Discipline	Accounting
Coordinator	Mrs Cecilia Lawler
Available as an elective?	No
Delivered By	University of Tasmania and Third Party(ies): Shanghai Ocean University AEIN Institute
Level	Introductory

Availability

Location	Study period	Attendance options		Available to
Shanghai Ocean University	Shanghai Semester 1

Note

Enrolment in units available at ECA Melbourne, Hong Kong Universal Ed, and Shanghai Ocean University is only available to eligible students studying at those corresponding locations.

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Key Dates

Study Period	Start date	Census date	WW date	End date
Shanghai Semester 1	11/10/2026	16/11/2026	24/11/2026	7/1/2027

* 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 (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2026 are indicative and subject to change. Finalised census dates for 2026 will be available from the 1st October 2025. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

• Explain general legal knowledge of key principles underpinning business law.
• Apply knowledge of business law to business contexts.
• Justify and communicate arguments, concerning legal issues related to the management of business.

Fee Information

Field of Education	Commencing Student Contribution 1,3	Grandfathered Student Contribution 1,3	Approved Pathway Course Student Contribution 2,3	Domestic Full Fee 4
080101	$2,174.00	$1,703.00	not applicable	$3,284.00

¹ Please refer to more information on student contribution amounts.
² Please refer to more information on eligibility and Approved Pathway courses.
³ Please refer to more information on eligibility for HECS-HELP.
⁴ Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UniConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Teaching

Assessment	Workbook (10%)|Tests (x2) (20%)|Case Study (30%)|Take-home Examination (40%)
Timetable	View the lecture timetable | View the full unit timetable

Textbooks

Required	You will need the following text: A Gibson, 2024, Business Law, 12th edn, Pearson Australia (ISBN: 9780655708513) You will also be required to access readings on Chinese law available on MyLO.

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.