BTC2000 - Australian company law

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Overview

This unit exposes students to the differences between companies, trusts considering their creation, operation and the potential legal liability of their participants and stakeholders. Within this content, the effects of external regulation and internal company rules affecting company directors and investors will be covered, enabling students to learn how companies operate and are managed, with particular emphasis on the duties and legal obligations of company officers. This unit also provides students 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

S1-01-CLAYTON-ON-CAMPUS

S2-01-CLAYTON-ON-CAMPUS

Requisites

Prerequisite

Prohibition

Contacts

Chief Examiner(s)

Ms Anne O'Rourke

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

Problem-based learning

Assessment

1 - Within semester assessment

2 - Examination

Scheduled and non-scheduled teaching activities

Lectures

Tutorials

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