Business and Law in Australia

Abstract

<p><i>Business and Law in Australia</i>, Fourth Edition, assists students to understand the concepts and principles of business law in the current Australian commercial law environment. This work contains a concise outline of the components that make up the historical and modern Australian legal system, a plain language explanation of contract law, and an overview of the different business organisations and their means of operation, to help students understand the legal framework which underpins business law. Also included are summaries of some of the diverse areas of law that have an impact on the conduct of business, including criminal law, the law of torts and business ethics.</p> <p>Several significant and recent legislative developments affecting the Australian commercial law environment have been incorporated into this edition, especially as a result of the Covid era which prompted some necessary reforms in signing of documents, meetings etc, particularly in relation to companies, such as:</p> <p>• new “corporate key” requirements to allow companies to lodge documents online;</p> <p>• increased statutory protection for company whistleblowers;</p> <p>• facilitation of electronic meetings and simpler signing procedures for companies;</p> <p>• a simplification procedure has been introduced for small businesses, to allow them to restructure in order to find a way out of liquidation; and</p> <p>• changes to unfair contract terms provisions, allowing both consumers and businesses to avoid harsh and unnecessary terms in standard form contracts, where such terms serve an unreasonable purpose.</p> <p>Flowcharts and tables, guides to problem-solving and practice questions throughout the work map out complex concepts and aid student learning, ensuring that <i>Business and Law in Australia</i> is an excellent learning tool for LLB and commercial or business law students.</p>