Company Law

Course code PACC6010Units 10Level 6000Faculty of Business and LawNewcastle Business School

A company possesses its own legal identity. This course provides an in depth analysis of the classifications and features of companies, the obligations and rights of parties to the corporation with emphasis on the main legislation. Directions for focus include consideration of the company as a legal person; the incorporation of companies; internal governance; director's duties and shareholder's rights; accounts and financial disclosure; transacting and external administration. As alternatives to the corporate form the course sources and interprets the different legal forms of sole trader, partnership and trading trusts. Students will experience increased confidence in employing legal terminology, tools and communication in diverse situations.

Available in 2014

Sydney Bathurst StreetSemester 1, Semester 2
Previously offered in 2013, 2012, 2011, 2010, 2009, 2008
ObjectivesOn successful completion of this course, you will be able to:

1. Identify the principal legal forms of business organisations differentiating between strengths and weaknesses.
2. Demonstrate an integrative understanding of the legal structure of a company.
3. Interpret and restate the legal rights and duties of parties to the corporation (governance).
4. Recognise, assess and resolve basic legal issues in an ethical and professional manner when interacting with corporations.
5. Explain the legal consequences of the main feature of a company, particularly separate legal personality.
6. Discuss how a company contracts with others.
7. Exhibit an awareness of the rights and duties of directors and shareholders of a company.
8. Demonstrate an evaluative understanding of corporate finance and failure.
9. Communicate your professional knowledge in an articulate style and structure.
ContentThe course includes a presentation of the forms and characteristics of business associations, partnerships, the rights and obligations of partners, the nature and various forms of corporations, directors' duties, members' rights, and legal aspects of company finance.
Replacing Course(s)Nil
Industrial Experience0
Assumed KnowledgePACC6009 Business Law
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Assessment Items
Examination: Class
Essays / Written AssignmentsCase Studies
Examination: Formal
Contact HoursLecture: for 3 hour(s) per Week for Full Term
Compulsory Components
Requisite by EnrolmentThis course is only available to students enrolled in the Master of Professional Accounting, Master of Professional Accounting (Advanced) and Master of Professional Accounting/Master of Business.
Timetables2014 Course Timetables for PACC6010