All business activity takes place within a legal system framework. Business Law at Sydney places business in its legal framework and develops skills in risk assessment, compliance and legal troubleshooting.
The Business Law program focuses on the application of law in both the business and government sectors. Business and commercial law covers a broad area of business, commercial and consumer transactions.
Business law underpins the operation of markets, regulates conduct in markets and addresses instances of market failure where voluntary market mechanisms alone fail to achieve relevant policy objectives. Business law practitioners identify legal standards as the law changes and determine suitable policies and practices for meeting legal requirements.
Commercial Law regulates corporate contracts, hiring practices, and the manufacture and sales of consumer goods. Corporate Law regulates corporations, their directors, shareholders and corporate relations with third parties.
Taxation Law deals with the taxation of individuals and businesses. It includes income tax, goods and services tax and various state taxes.