BTC2000 · Corporations law

Overview

This unit exposes you to the differences between companies, trusts and other business structures used in Australia and the processes involved to create an Australian company. This unit will also demonstrate to you how companies operate in Australia, the potential legal liability of their participants and stakeholders, as well as the effects of external regulation and internal company rules on company directors and investors which will enable you to learn how companies are managed, with particular emphasis on the duties and legal obligations of directors. This unit will also provide you with an understanding of how companies raising of capital is regulated, the legal remedies for dissatisfied investors in companies, and forms of corporate insolvency administration.

Offerings

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. First semester: describe the nature of trusts, the way they operate, and the rights and obligations of people involved in or dealing with trusts Second semester: explain the key concepts of trusts and corporations which facilitate the operation of a business
2. First semester: demonstrate an understanding of the significance and functions of corporations as legal structures and how they facilitate the carrying on of a business Second semester: analyse how corporations and their stakeholders are regulated by the law (legislation and case law) in Australia
3. First semester: identify and explain the ways that corporations and their stakeholders are regulated by the law (legislation and case law) in Australia Second semester: develop a solution to legal problems relating to corporations including the roles of directors and shareholders, the duties of directors and corporate insolvency
4. First semester: demonstrate skills in logically analysing and solving law-related problems relating to corporations Second semester: analyse the legal obligations, risks, consequences, and ethical issues arising for corporations in business
5. First semester: work collaboratively to consider the legal responsibilities and risks arising for corporate entities in business, to explain those risks and potential consequences to non-expert audiences
6. First semester: consolidate and apply learning outcomes 3 and 4 in the contexts of multiple topic areas affecting corporate entities, within one assessment.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.