| Authors: | Michael Adams BA(Hons), LLM (Lond) Professor, University of Technology, Sydney |
| David Barker LLB (Lond), MPhil (Kent), LLM (Hons) (Cantab) Professor, University of Technology, Sydney | |
| Judith Lancaster BA, LLB (Hons) (Macq), RGN Senior Lecturer, University of Technology, Sydney | |
| Subjects: | Business law (Other articles) Ethics (Other articles) Law - study and teaching (Other articles) |
| Issue: | Volume 9, Number 3 (September 2002) |
| Category: | Refereed Articles |
This paper was presented to the Legal Interest Group at the Australasian Law Teachers' Association conference, hosted by Murdoch University on 1st October 2002. Any comments on the paper may be emailed to the authors at: BLethics@law.uts.edu.au
Contents
"Para 7.1
Law for non-law students. Not only law students need to acquire a knowledge of the law. It is desirable also for students in many other disciplines to have some understanding of the law that is relevant to their area of expertise or intended vocation. This has resulted in the publication of numerous books entitled "Law for ..." and has also led to law schools in some institutions providing law courses for students in other faculties, such a course being under the control of the other faculty, and not the law school.Para. 7.2
Types of courses. The courses offered tend to fall into 2 categories, although there is some shading between them. First, there are those courses that comprise a potpourri of topics that are thought to be relevant to particular discipline. For example, law for architects might, in a relatively few number of lectures, canvas the law relating to copyright, professional negligence, town planning, commercial arbitration, etc. The second type of course deals with a discrete topic and many well traverse much the same ground, as would be taught to law students. An example is taxation for accounting students. See generally on the teaching of law for non-law students, D W Mirchell (ed), "Papers on Legal Studies and Legal Education for Non-Lawyers (1979).Para 7.3
Service courses. Courses of both kinds referred to above are often, some pejoratively, referred to as service courses. They can, in fact, be quite demanding if they are to be well and coherently taught. There can be a very real challenge in bringing an understanding of the law to students who have not been provided with the introduction of law and the legal system that law students are given."
"The academic business law departments have a strong input, as mentioned, into the accounting degree, in the areas of contract, general business law, company law and taxation law. New areas are being opened up by courses or must soon be opened up - such as insolvency, finance, law, security law, intellectual property law. The traditional law courses are mandatory for registration. Specialised law courses will increasingly be demanded by the growth in accounting honours year enrolments and postgraduate and diploma studies. There is even greater scope for the expansion of continuing legal education courses for the accounting profession."
"All of these fundamental areas of business law are fast developing, increasingly complex and demand expertise and commitment from the responsible academics. Without these, the legal education requirements of the accounting profession cannot adequately be met."
Professor Michael Adams 1989 Professor David Barker 1989
Ms Judith Lancaster 1994 Dr David Meltz 1992
Mr Robert Tong 1977
BLethics |
Bus |
Law |
UTS |
Question |
4.1 |
4 |
4.1 |
4 |
Relevance of the subject |
4.2 |
3.8 |
3.9 |
3.8 |
Delivered consistent with its objectives |
4.1 |
3.7 |
3.7 |
3.7 |
Learning experience was interesting & thought provoking |
3.9 |
3.7 |
3.5 |
3.5 |
Resources availability to support subject |
3.4 |
3.7 |
3.5 |
3.6 |
Assessment was fair & reasonable |
4.1 |
3.7 |
3.8 |
3.7 |
Overall quality of subject |
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Weighting |
Assessment |
Brief Description |
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20% |
Mid-semester exam |
40 multiple-choice questions (MCQ), each worth ½ mark. Exam takes only 20 minutes. The questions will be completed via UTSOnline (via the internet). Students will be given TWO attempts at this exam. |
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20% |
BLethics Tutorials |
· Four oral presentations in tutorials · Students will be divided into pairs · Presentations of a fixed time · Written submissions to accompany presentation. |
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60% |
Final Examination |
The whole subject will be examined, but focusing on the application of business law topics and ethical issues. The exam will include THREE (3) compulsory problem questions. You must achieve at least 24/60 (>40%) in the final examination to pass the subject.
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100% |
Graded H to Z |
High distinction to fail grade |
Current Article Template – EXAMPLE
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Author |
John Breusch |
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Date |
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Publication |
Australian Financial Review |
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Page/URL path |
p.45 |
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Brief summary of article |
The President of Chartered Secretaries Australia, Professor Michael Adams, believes the government review of the insider trading laws do not go far enough. The Financial Services Reform Bill introduces civil penalties for breaches of the insider trading laws; however, the Bill does not go so far as to repeal the current legislation, which requires all prosecutions for such breaches to be made through the criminal courts. The criminal standard of proof is often too high a bar for the prosecution to reach, resulting in a low number of successful prosecutions. Prof Adams believes insider trading provisions should be an entirely civil matter, as, given its lower standard of proof, there are likely to be more successful prosecutions bought by the ‘victims’ of the breach. |
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How does this article link to the subject contents of BLethics? |
Insider trading links with the topic entitled ‘Australian Commercial Relationships’ as this area of law is covered by the Corporations Act 2001 (Cth). Virtually all corporations are governed by the Corporations Act, which (in Chapter 7) makes insider trading an offence. |
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Add a case, with a legal citation related to this article.
How does this case relate to the article? |
R v Hannes [2000] NSWCCA 503
Hannes was a director of Macquarie Bank who is, to date, the only person to be successfully prosecuted under the insider trading provisions. |
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Add a section of an Australian statute related to this article.
How is this section connected to the article? |
Section 1043L Corporations Act 2001 (Cth)
These sections deal with civil remedies for breaches of insider trading provisions, such as compensation for damage suffered by the insider trading. |
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How did you locate this article? |
Reading the legal issues section of the Financial Review on Friday 16th July 2001. |
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How did you locate the related case? (i.e. not mentioned in the article) |
Having found the legislation using AustLII (see below), I then used the ‘NoteUp’ function on s 1013 of Corporations Act. |
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How did you locate the related statute? (i.e. not mentioned in the article) |
I performed an AustLII (www.austlii.edu.au) search using the parameters ‘insider trading’, ‘all of these words’ in ‘Commonwealth: All Legislation’. |
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Why did you select this particular article? |
It appeared to be the perfect tie-in between issues dealt with in the BLethics course and knew that by selecting an article that mentioned Professor Adams I could not go wrong! |
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Date: 02 / 07 /2002 |
Signed: Joanna Hockey |
Legal Problem Solving – F I L S
To solve a legal problem for the subject Business Law and Ethics, it is appropriate to apply a set structure. This enables students to identify the relevant issues, explain the law, support it with proof and get top marks!!
To help students, an acronym has been developed:
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F |
Facts |
Identify the key facts that relate the problem. There is no need to rewrite all the relevant facts in your answer. You may mention a few key facts that you are going to discuss in terms of the issues and law.
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I |
Issues |
It is important to identify the legal issues which arise in the problem. This will usually require a few sentences to capture the salient points. By doing this, you will display that you understand the legal issues in the problem.
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L |
Laws |
You are required to explain the general principle and any exceptions in law that relate to the issues you provided earlier. Take time to fully explain and to demonstrate that you understand how these legal principles are applied to the factual scenario you are given in the problem.
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S |
Support |
After each legal principle is explained, it is important to support your answer with legal authority. This is normally the citation of a case or a section of legislation. Please remember to underline cases and statutes in your answer. |
Further Guidelines
In answering a legal problem, it is expected that you would commence the answer with a formal introduction. This would contain a few sentences that demonstrate you understand the broad issues of law that the question addresses. All problems should end with a conclusion.
Most Business Law and Ethics legal problems will contain approximately four major legal or ethical issues. Thus, you will need to conduct a FILS analysis four times!
Tutorial and Examination Style Question
Read the examination problem style question below and attempt to apply the F I L S problem solving methodology to it. To help provide some of the supporting legal authorities (cases and sections of legislation) there are useful extracts in Appendix of the BLethics subject outline.
Problem:
Zing, is a university student studying geology, who has been looking to buy a 4WD car for the last month. Zing has seen an advertisement in the local newspaper for a brand new 4WD being sold by City Motors Pty Ltd. The price seems to be about $5,000 cheaper than any other equivalent vehicle and Zing is very keen to buy the car at that price. Zing telephones City Motors Pty Ltd and speaks to its director, Shirley, who states that they only have one 4WD left and he better hurry up to come and see it.
At the car dealership of City Motors Pty Ltd, later that same day, Zing is shown the car by a salesman called Bruce. Bruce explains that this is the best 4WD on the market and it is the best price for a new car. Bruce states that the car has sold like “hot-cakes” and they have only a few left in stock at this price. Bruce takes Zing for a test drive around the block and points out that this 4WD would never breakdown and is excellent for the Australian outback. Zing explains that he plans to drive to Uluru as part of a field trip for the university next week and Bruce assures him that it is perfect for that trip. Zing borrows the money from a bank to buy the 4WD car that afternoon and takes delivery on Monday.
One week later, Zing sets out for Uluru in his new 4WD and has only driven for two hours across the Blue Mountains and the engine overheats and seizes. Zing cannot believe that his new car has broken down on an ordinary tarmac road after 150 kilometres. The National Roads and Motorists Association [NRMA] come to help Zing and inform him that the car is actually three years old and has a very poor reputation. In fact, a common problem with this type of 4WD was overheating and engine seizures. The NRMA officer also thought that Zing had probably paid about $8,000 more than the market value of the car as it had being sitting a field in Queensland for the last two years.
Advise Zing on any legal actions he has in contract law and under consumer protection against City Motors Pty Ltd, Shirley and Bruce? (10 marks)