MLP705 - Commercial Law and Policy


2024 unit information

Enrolment modes: Trimester 2: Online
Credit point(s): 1
Previously coded as: MLJ705
EFTSL value: 0.125
Cohort rule: This unit is only available to students enrolled in M729

Students must have passed MLJ701 and MLP702 

Corequisite: Nil
Incompatible with: Nil
Study commitment

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Scheduled learning activities - online

Online independent and asynchronous collaborative learning up to a maximum of 2.5 hours each week which includes lecture pre-recordings and 1 x 1.5 hour online seminar (recordings provided) each week 


This unit will assist students to develop a defined level of understanding of areas of law that regulate commercial relationships and facilitate the conduct of commercial activity. Topics include: Agency relationships in commercial dealings; Sale of Goods [Goods Act 1958 (Vic)]; unconscionability, consumer guarantees and unfair contract provisions of the Australian Consumer Law [Competition and Consumer Act 2010 (Cth)]; and Insurance fundamentals [Insurance Contracts Act 1984 (Cth)]. Students will acquire in-depth knowledge by considering how the law aims to strike a balance between competing values, such as freedom of contract, security and certainty of transactions, fairness and consumer protection. Students will also examine contemporary developments both in the law and in professional practice.

Unit Fee Information

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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