This unit of study considers the legal structure of the corporation as an organisational form for both public and proprietary companies. It is designed as an introduction to both the general law of corporations and the Australian regulatory context. The focus of this unit is on the nature of the corporation and its governance structure. The unit covers issues such as the implications of the company as a separate legal entity, power to bind the company, duties of directors, and shareholders rights and remedies. Students will be required to evaluate critically existing corporate law and reform proposals, with particular reference to legislative policy and underpinning theory.
2x2hr seminars/week for 10 weeks
Class participation (15% including two class discussion and general participation); choice of 2000wd research essay or modified closed book mid-semester test (25%) and modified closed book 2hr final exam (60%).
Students who enrol in the evening stream should consult and be guided by the unit description for LAWS5014 as the evening stream will follow precisely the course outline and structure, including assessment regime, of that unit. The present description applies only to students enrolled in the daytime stream of LAWS2014.
LAWS2003 or LAWS5014