Information on this page, including unit offerings, is from the 2019 academic year.
Corporations Law (LLB452)
|Organisational Unit||Law and Criminology|
|Teaching Timetables||Murdoch S1
|Description||This unit will consider the major forms of private business association in Australia, focusing on the company. The unit will consider how companies are formed, financed and terminated. The classes will chiefly pertain to the case law and to the relevant statutes- the Corporations Act (Cth) and its interpretation.|
|Unit Learning Outcomes||On successful completion of the unit you should be able to:
1. Demonstrate a sound understanding of the regulation of business associations, in terms of the:
a. ways in which a business association may be brought into voluntary and involuntary legal relations with the outside world ('external relations');
b. issues internal to the business association ('internal relations'), these being
(i) control and management of the business,
(ii) risk of loss of financial investment in the business and returns on such investment, and
(iii) duration of the investment;
c. public interest in business associations represented by the existence of statutory regulators, principally the Australian Securities and Investments Commission ('ASIC'), and the major policy interests those regulators serve; and
d. the sources of partnerships and corporations law, particularly the Partnership Act 1895 (WA) as amended, the Corporations Act 2001 (Cth) and the Australian Securities and Investments Commission Act 2001 (Cth).
2. Apply legal research and problem solving skills to business association scenarios; and
3. Demonstrate an appreciation of the role of a business lawyer and, in particular, of the ways in which a lawyer can responsibly make use of the law to advance the interests of the parties to cooperative business arrangements.
|Timetabled Learning Activities||Lectures: 3 hours per week; tutorials/workshops: up to 11 hours per semester.|
|Unit Learning Experiences||Lectures will provide a framework for studying the unit and a structured presentation of core content. Tutorials / workshops will provide students with an opportunity to engage collectively with topics in the unit and to test their understanding|
|Assessment||An essay and an exam.|
|Prerequisites||Successful completion of LEG120 (prior to 2012)/LAW120 Research and Writing/LLB120 Legal Writing for Lawyers; LEG150 (prior to 2011)/LAW150/BJU100 Australian Legal System; LLB152/LAW152 Torts; LLB130/LAW130 Criminal Law and Procedure; LLB260/LAW260 Contract; LLB259/LAW259 Constitutional Law; LAW253 Property or both LLB253 Property Law A and LLB254 Property Law B.|
|Exclusions||Students who have completed LAW352/LAW452 Corporations Law may not enrol in this unit for credit.|
|Appears in these Courses/Majors:
see individual structures for context
|Internet Access Requirements||Murdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.|