LAWS12076 - Law of Startups

General Information

Unit Synopsis

The Law of Startups is a simulation based unit designed to enable you to navigate through complex cross-disciplinary challenges facing startups involving multiple legal issues, business and ethical decisions. The focus is on practical evidence based decision making enabling you to resolve legal issues rather than pure analysis of legal authorities. The real world is messy and interconnected. The unit will immerse you in a legal simulation involving many of the following factors: Developing a pitch; Business structures; Business Risk; Financing; Intellectual property issues; Protecting confidential information and trade secrets; Licensing; Security law; Employment law – staffing issues; Taxation issues; Marketing and Advertising, Consumer law issues; Standard form contracts; Terms of use and privacy policies; and exit strategies.

Details

Level Undergraduate
Unit Level 2
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Co-requisite: LAWS11057 Introduction to Law or LAWS11030

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 2 - 2021

Term 1 - 2023 Profile
Online

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Presentation 40%
2. Critical Review 60%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University’s Grades and Results Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

Term 1 - 2021 : The overall satisfaction for students in the last offering of this course was 4 (on a 5 point Likert scale), based on a 87.5% response rate.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Source: Unit evaluation survey.
Feedback
The course was well received but there were serious complaints about group work accounting for 40% of the overall assessment as some group member did less and seemed to have benefitted more from the hard-work of others. There was also a suggestion for a taxation topic and trust obligations be included in the course content.
Recommendation
The unit is designed to promote team work collaboration which is essential for many business organisations. I think this design should be maintained. However, to ensure students are fully on board with the rationale for the teamwork, the essence of the collaboration should be clearly communicated to students. Groups may also be reduced to a maximum of two per group with the students given the option of picking a partner for the teamwork. A short discussion on taxation law should be included in the course content for the next offering.
Action Taken
Nil.
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Synthesise the pitch, initial planning and imagining of an organisation structure
  2. Analyse data patterns and trends to solve issues with finance and security
  3. Using design and innovation to manage success, maintain cash flow and ensure sustainable growth
  4. Assess a crisis and evaluate alternative solutions to avoid startup collapse
  5. Compare and evaluate alternative exit strategies.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4 5
1 - Presentation
2 - Critical Review
Alignment of Graduate Attributes to Learning Outcomes
Introductory Level
Intermediate Level
Graduate Level
Graduate Attributes Learning Outcomes
1 2 3 4 5
1 - Communication
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
6 - Information Technology Competence
7 - Cross Cultural Competence
8 - Ethical practice
9 - Social Innovation
Alignment of Assessment Tasks to Graduate Attributes
Introductory Level
Intermediate Level
Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10
1 - Presentation
2 - Critical Review