Business Law Course Essentials - Ghostwriting, Course Analysis, Essays, Speeches

Business Law is a basic subject and a compulsory subject. Below we mainly briefly introduce the main knowledge points covered in Business Law.

Introduction to Law

Why do we need laws in the first place?

The role of law has the following points: 1. Settle disputes; 2. Maintain social order; 3. Maintain and strengthen community values; 4. Protect vulnerable groups; 5. Stabilize the economy; 6. Prevent abuse of power

The law is divided into Private Law and Public Law

(1) Private Law (between people)

– Contract law

– Tort law

–Family law

– Property law

–Succession law ie wills

(2) Public Law (between individuals and countries)

–Criminal law

– Constitutional law

– Tax law

– Employment law

      At the same time, it can be divided into Criminal Law and Civil Law

 Criminal law  wrongs society

– prosecuted by the state

– punishable by imprisonment

– Standard of proof beyond reasonable doubt

– Murder, treason, rape, theft, etc.

  Civil law  private mistakes

– The state provides a forum but does not participate

– breach of contract, trespass, nuisance, negligence

– Standards for measuring evidence

– Compensation

Laws change frequently because

 Political change

 The need to resolve legal issues

 Changes in community values

 Pressure from lobby groups

 Changes in technology

The relationship between law and politics

 1. While the law is more than politics, the law is shaped and influenced by power and politics.

2. Specific laws are usually the expression of a political ideology, for example, commercial law generally expresses the concepts of free markets and equal opportunity.

 3. Legislation is made by politicians to implement government policies and achieve political goals.

Definition of Commercial Law:

1. A set of legal rules

2. By state government or joint government

3. Enforceable in court in a criminal or civil context

4. Related to commercial activities

The Law's Impact on Business

 Taxation – the needs of your business structure eg (trust/sole proprietorship/company)

 Red tape (eg overly stringent environmental regulations)

 Intellectual Property (IP) (TMs, trade secrets, copyrights and patents)

 Workplace Safety

 Employment Law - Wages/Hours/Discrimination/Bullying

 Enforcement of contracts

 Uncompetitive business practices

 Level playing field

 White collar crime

 Misappropriation of public funds

Who will enforce the law?

 Criminal or quasi-criminal conduct@Police investigates criminal conduct and reports relevant findings to the Director of Public Prosecutions. Have a look at  DPP suing on behalf of the state.

 ASIC is responsible for investigating breaches of corporate law. Check out

 The ACCC investigates breaches of the Competition and Consumer Act 2010. Check out


  The above are the relevant points of Introduction to Law in Business Law. Students who need detailed information and help can log in to GPA Expert to query or add our customer service Xiaoxiao to receive more benefits and help.


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