LAW281 Organisations Law (8)
CSU Discipline Area: Management (MANAG)
Duration: One session
Abstract:
Examines the modern law of commercial enterprises with a focus upon the law of corporations. Other types of business organisations, in particular partnerships, joint ventures, trusts and sole proprietorships are given coverage and compared with the corporation. Agency is examined under both the Doctrine of Ostensible Authority and the Law of Promoters. Insolvency is examined under the law pertaining to winding up.
+ Subject Availability Modes and Locations
No offerings have been identified for this subject in 2013.Continuing students should consult the SAL for current offering details prior to contacting their course coordinator: LAW281
Where differences exist between the handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Assumed Knowledge:
Enrolment restrictions:
Bachelor of Business Studies students only. Not available to students who have completed LAW220 , LAW310 or LAW380 .
Objectives:
Upon successful completion of this subject, students should:
- be able to identify the source and content of the law in relation to each type of organisation;
- be able to explain the means of bringing into being each type of organisation;
- be able to identify the most appropriate form of organisation for a business undertaking;
- be able to compare the advantages and disadvantages of each type of commercial enterprise;
- be able to comprehend the law relating to the day-to-day operation of a corporation both internally and externally;
- be able to analyse the provision of the Corporations Law relating to Winding Up, Takeovers and the Securities Industry;
- be able to resolve hypothetical problems encountered by commercial enterprises.
Syllabus:
The subject will cover the following topics:
Unincorporated Business Associations Covers: - Trusts, Partnerships, Sole Proprietors, Joint Ventures - Formation of each entity - Legal relationships - Duties and rights of controllers - Comparison with a corporation Corporations Covers: - Formation - Constitution - Law of Meetings - Duties of Directors - Protection of Minority Interests - Protection of Outsiders, including coverage of Agency principles - Capital Share and Loan - Law of Auditors - Takeovers - Winding Up, includes Insolvency and De-registration - Securities Industry Law
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.