1 x 1-hour workshop weekly
1 x .5-hour on-line exercises weekly
1 x 1-hour on-line lecture weekly
1 of BUSN1019, BUSN1010, BUSN1205
Enrolment not permitted
BUSN2018 has been successfully completed
Topic description
This topic provides a detailed analysis of the structure and workings of corporate legal entities. Students study the law and practice of the Corporations Act 2001 (Cth).
Educational aims
This topic aims to:

  • give students an understanding of the principles of corporations law, and also to give students the skills to keep up to date with developments in the area. Particular emphasis will be placed on the Corporations Act, 2001 (Cth), the concept of corporate legal personality, corporate governance, directors' duties, and the law relating to insolvent companies
  • enable students to recognise legal problems in business and implications when they arise in commercial and business practice and settings; and
  • provide students with the knowledge and tools to be able to seek legal advice or to make appropriate referrals to legal professionals, when and where require

Expected learning outcomes
It is expected that on completion of this topic students will be able to:

  • understand the principles of corporations law
  • describe the key legal elements of a company
  • identify the main sources of rules regulating a company's operations
  • analyse the operation of a broad range of areas of corporations law in their application to individual circumstances that may arise (e.g. directors' duties, meetings procedures, insolvency)
  • recognise some of the legal implications relevant to the provision of financial, accounting or other professional advice
  • evaluate a factual situation and determine when and where professional legal advice is prudent or desirable
  • possess the knowledge and skills to conduct preliminary research and seek professional advice in relation to legal problems