Available in 2017, 2018
Course code

LEGL2002

Units

10 units

Level

2000 level

Course handbook

Description

Law of Business Organisations introduces students to the registered company as the dominant legal form for carrying on a business. It considers the legal framework that determines how a company deals with the issues of formation, financing, accountability, internal and external relations and insolvency. It also compares and contrasts the company with other types of business organisation including partnerships and co-operatives.


Availability2017 Course Timetables

Ourimbah

  • Semester 2 - 2017
  • Semester 2 - 2018

PSB Singapore

  • Trimester 3 - 2017 (Singapore)

Newcastle City Precinct

  • Semester 1 - 2018

Online

  • Semester 1 - 2018

Learning outcomes

On successful completion of the course students will be able to:

1. Identify and compare the key legal features of the main legal forms of business organisations.

2. Evaluate the factors that influence the choice of legal form for a business enterprise.

3. Explain the legal relationship in a company between the board of directors, members and executive officers in a company.

4. Evaluate the role of law in corporate governance.

5. Analyse the legal rules that enable and restrict business dealings including raising capital and transacting with others.

6. Evaluate the strengths and weaknesses of the company compared to other business models in times of financial stress.


Content

The topics in the course include the following:

  1. Choosing a business model
  2. Key legal features of a company and other business models
  3. Formation and registration - the role of ASIC
  4. Governance, management and control of the business
  5. Directors' duties
  6. Members' rights and remedies
  7. Capital raising - debt and equity
  8. Reporting, disclosure and audit
  9. Transacting
  10. Financial stress and external administration

Requisite

This course is only available to students who have successfully completed LEGL1001.


Assumed knowledge

LEGL1001


Assessment items

Tutorial / Laboratory Exercises: Tutorial Learning Activities and Revision tests (MCQ)

Case Study / Problem Based Learning: Problem Question Assignment

Formal Examination: Final Exam


Contact hours

Callaghan

Online Activity

Online 2 hour(s) per Week for Full Term

Seminar

Face to Face On Campus 2 hour(s) per Week for Full Term

Ourimbah

Online Activity

Online 1 hour(s) per Week for Full Term

Seminar

Face to Face On Campus 2 hour(s) per Week for Full Term

Ourimbah

Online Activity

Online 1 hour(s) per Week for Full Term

Seminar

Face to Face On Campus 2 hour(s) per Week for Full Term

Online

Online Activity

Online 2 hour(s) per Week for Full Term

PSB Singapore

Online Activity

Online 1 hour(s) per Week for Full Term

Seminar

Face to Face On Campus 2 hour(s) per Week for Full Term