| Effective Term: | 2024/05 |
| Institute / School : | Institute of Innovation, Science & Sustainability |
| Unit Title: | Corporations Law |
| Unit ID: | BULAW2614 |
| Credit Points: | 15.00 |
| Prerequisite(s): | (BULAW2611) |
| Co-requisite(s): | Nil |
| Exclusion(s): | Nil |
| ASCED: | 090901 |
| Other Change: | |
| Brief description of the Unit |
Building upon the introduction to company law in BULAW2611 Organisation Law, the course examines the relevant case law principles and statutory provision (Corporations Act 2001 (Cth)) which regulate corporations in the Australian business environment. Topics covered in this course are: corporate personality, incorporation, corporate constitution, corporate decision making, directors duties, members right and remedies, fundraising and insolvency. |
| Grade Scheme: | Graded (HD, D, C, P, MF, F, XF) |
| Work Experience Indicator: |
| No work experience |
| Placement Component: No |
| Supplementary Assessment:Yes |
| Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment |
| Course Level: |
| Level of Unit in Course | AQF Level(s) of Course | | 5 | 6 | 7 | 8 | 9 | 10 | | Introductory | | | | | | | | Intermediate | | |  | | | | | Advanced | | | | | | |
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| Learning Outcomes: |
| Knowledge: |
| K1. | Comprehend the legal nature of a company (incorporation, separate legal personality, limited liability, corporate veil) |
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| K2. | Appreciate key elements of the legal framework governing regulation of companies |
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| K3. | Assess the role of company constitutions and how they interact with replaceable rules |
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| K4. | Explain corporate governance (meetings, director/officers duties and liabilities) |
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| K5. | Comprehension of corporate liability |
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| K6. | Recognise the significance of corporate fundraising and corporate finance |
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| K7. | Critically assess corporate insolvency |
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| Skills: |
| S1. | Identify and apply relevant legislation |
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| S2. | Analyse a given case scenario and apply relevant legal principles to the case scenario. |
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| S3. | Conduct and examine independent research and the ability to communicate the legal reasoning in written form. |
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| S4. | Recognise and reflect on the professional responsibilities in promoting justice and ethical issues which may arise within a professional context. |
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| Application of knowledge and skills: |
| A1. | Apply legal theory to a range of scenario analyses. |
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| A2. | Integrate social, environmental, sustainability, ethical and economic perspectives into a business context. |
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| A3. | Use initiative and judgment to research and analyse legal issues that involve specific and relevant types of law. |
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| Unit Content: |
Topics may include: 1.Corporate Personality and Regulatory Framework 2.Incorporation 3.Replaceable rules and the corporate constitution 4.Management of companies (corporate organs, decision making and meetings) 5.Duties of directors and other officers 6.Members' rights and remedies 7.Company Finance and Fundraising 8.Administration (Corporate insolvency and winding up) |
| Graduate Attributes: |
| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | | 1. | K1, K2, S1, S2, S3, S4, A1, A2, A3 | Written Assessment | Test | 10-20% | | 2. | K4, K5, S1, S2, S3, S4, A1, A2, A3 | Written unsupervised assessment | Assignment | 30-40% | | 3. | K1, K2, K3, K4, K5, K6, K7, S1, S2, S4, A1, A2 | Test / Final Assessment | Test / Final Assessment | 40-60% |
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