MLC203 - Corporations Law
Unit details
| Year: | 2020 unit information |
|---|---|
| Important Update: | Classes and seminars in Trimester 2, 2020 will be online. Last updated: 2 June 2020 |
| Enrolment modes: | Trimester 1: Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Lang Thai |
| Cohort rule: | Not available for Bachelor of Laws (including combined Law awards) students |
| Prerequisite: | MLC101 |
| Corequisite: | Nil |
| Incompatible with: | MLL221 |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus: | 1 x 2-hour class, 1 x 1-hour seminar per week |
| Scheduled learning activities - cloud: | 2-hour class (recordings provided) + 1-hour online seminar per week |
Content
Topics covered in this unit include: the origins of our corporate law; corporate personality; other forms of business organisation; incorporation of companies; promoters and corporate fundraising; directors and their duties; membership; meetings; minority rights; share and loan capital and corporate insolvency; and winding up.
|
| These are the Learning Outcomes (ULO) for this Unit | |
| ULO1 | Analyse the nature of various business structures, their benefits, and shortcomings and critically evaluate relevant legal principles relating to corporations and other business structures. | GLO1, GLO4, GLO5 |
| ULO2 | Interpret the contents of a company constitution and determine how and when the Replaceable Rules may be in use in place of the company constitution. | GLO1, GLO4, GLO5 |
| ULO3 | Interpret relevant laws to ascertain the duties that directors and other officers are subject to. | GLO1, GLO4, GLO5 |
| ULO4 | Describe how the shareholders can exercise their rights and obtain appropriate remedies. | GLO1, GLO4, GLO5 |
| ULO5 | Explain the different types of corporate insolvency, administration and winding up and how the law assists the resolution of competing claims of creditors on company assets in the event of the company experiencing financial difficulties. | GLO1, GLO4, GLO5 |
| ULO6 | Critically evaluate the processes by which companies can raise funds. | GLO1, GLO4, GLO5 |
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
GLO key: GLO1: Discipline-specific knowledge and capabilities, GLO2: Communication
GLO3: Digital literacy, GLO4: Critical thinking, GLO5: Problem solving, GLO6: Self-management, GLO7: Teamwork, GLO8: Global Citizenship
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
| Assignment | 40% | Information not yet available | |
| Examination | 2 hours | 60% | Exam period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MLC203 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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