All business activity takes place within a legal system framework. Commercial law practitioners identify legal standards as the law changes and determine suitable policies and practices for meeting legal requirements.
Business Law at Sydney places business in its legal framework and develops skills in risk assessment, compliance and legal troubleshooting. The Program focuses on the application of law in both the business and government sectors.
Commercial law underpins the operation of markets, and addresses instances of market failure where voluntary market mechanisms fail to achieve relevant policy objectives. It regulates corporate contracts, employment practices, and the manufacture and sale 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.