BTF2000 - Australian corporations law

There is a more recent version of this academic item available.

Overview

This unit exposes you to the differences between companies, trusts and other business structures, considering their creation, operation and the potential legal liability of their participants and stakeholders. The effects of external regulation and internal company rules on company directors and investors will be covered, enabling you to learn how companies are managed, with particular emphasis on the duties and legal obligations of directors. This unit also provides 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

NOV12-CAULFIELD-ON-CAMPUS

S1-01-CAULFIELD-ON-CAMPUS

S1-FF-CAULFIELD-FLEXIBLE

S2-01-CAULFIELD-ON-CAMPUS

TRI-A-29-CITY-ON-CAMPUS

TRI-B-29-CITY-ON-CAMPUS

TRI-C-29-CITY-ON-CAMPUS

Requisites

Prerequisite

Prohibition

Contacts

Chief Examiner(s)

Professor Mark Crosby

Dr Tabatha Pettitt

Dr Jennifer O'Reilly

Dr Sergio Gramitto

Notes

IMPORTANT NOTICE:
Scheduled teaching activities and/or workload information are subject to change in response to COVID-19, please check your Unit timetable and Unit Moodle site for more details.

Learning outcomes

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

describe the nature of trusts, the way they operate, and the rights and obligations of people involved in or dealing with trusts

demonstrate an understanding of the significance and functions of corporations as legal structures and how they facilitate the carrying on of a business

identify and explain the ways that corporations and their stakeholders are regulated by the law (legislation and case law) in Australia

demonstrate skills in logically analysing and solving law-related problems relating to corporations

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

consolidate and apply learning outcomes 3 and 4 in the contexts of multiple topic areas affecting corporate entities, within one assessment.

Teaching approach

Online learning

Problem-based learning

Active learning

Peer assisted learning

Assessment

1 - Within semester assessment

2 - Examination

Scheduled and non-scheduled teaching activities

Lectures

Tutorials

Workshops

Workload requirements

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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Learning resources

Required resources

City campus: Commercial Applications of Company Law (Hanrahan, Ramsay & Stapledon) 19th ed, 2018

Caulfield campus: (1). Chapple,Wong, Baulfield, Copp, Cunninham, Kamalnath, Watson and Harpur, 'Company Law: An Interactive Approach' (Edited by E Chapple) 2nd ed, 2020: Wiley (2).Chapter 14 ('Trusts') in Sweeney, O'Reilly and Coleman, Law in Commerce, LexisNexis 6th ed, [chapter available free online via Monash Library]