units

LAW5011

Faculty of Law

print version

This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Law

Quota applies

Postgraduate programs are based on a model of small group teaching and therefore class sizes need to be restricted.

Offered

Malaysia

  • Term 3 2016 (Day)

City (Melbourne)

  • Trimester 2 2016 (On-campus block of classes)
  • Trimester 3 2016 (On-campus block of classes)

Notes

Synopsis

The unit introduces the basic principles of Australian corporations law. The unit examines the corporation as a separate legal entity and those situations where the law ignores the separateness of the corporation; classification of Australian companies; adopting, altering and enforcing the corporate constitution; how a company enters binding contracts with third parties; corporate governance and the role and duties of directors; membership of companies, company meetings and members' rights and remedies; corporate finance, share capital, share capital transactions and dividends; administration of insolvent companies and winding up. The unit considers the legal principles in these areas critically and in their social, economic and policy context.

Outcomes

At the successful completion of this Unit students will be able to:

  1. critically evaluate the law relating to corporations in a broader regulatory, social or economic context, including contemporary developments in the law and its practice;
  2. identify, research, synthesise and evaluate relevant legal, factual and policy issues, including interpreting and applying relevant provisions of the Corporations Act;
  3. demonstrate intellectual and practical skills to interpret and justify theoretical propositions, legal methods and conclusions;
  4. engage in critical analysis and make reasoned and appropriate choices among alternatives;
  5. exercise professional judgment in evaluating jurisprudential and practical considerations raised by corporations law issues;
  6. select, analyse, interpret and apply principles of corporations law to generate appropriate responses to complex legal issues embedded in factual scenarios; and
  7. communicate effectively and persuasively to specified audiences.

Assessment

Research assignment (3,000): 40%
Examination (2 hours plus 30 min reading time): 60%

Workload requirements

42 contact hours per teaching period (either intensive, semi-intensive or semester long, depending on the Faculty resources, timetabling and requirements)

Chief examiner(s)

Prerequisites

Prohibitions