6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- First semester 2019 (On-campus)
- Second semester 2019 (On-campus)
- Trimester A 2019 (On-campus)
- Trimester B 2019 (On-campus)
- Trimester C 2019 (On-campus)
In this unit we consider how to create companies and trusts and the potential legal liability of their participants and stakeholders; the role of internal company rules on company managers and investors; how companies are managed, with extensive consideration of directors duties; regulations affecting public fund raising by companies and changes to their share capital; members' meetings and legal remedies for dissatisfied investors in companies (under legislation and common law); and forms of administration for insolvent corporations.
The learning goals associated with this unit are 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.
Within semester assessment: 50% + Examination: 50%
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.
See also Unit timetable information