LAW504 Business and Corporations Law (8)

This subject examines key Australian legal concepts and issues directly relevant to business operations. It covers the structure of the Australian legal system, sources of law, statutory interpretation, the court system and the doctrine of precedent. It then examines substantive areas of tort, contract, agency, and the difference between various types of business organisations before focusing on corporations law, including the way in which corporations are formed, rules regulating internal relationships within corporations, relationships with outsiders, the duties of directors and other officers, fundraising and the termination of corporations, with a particular focus on liquidation.

Availability

Session 1 (30)
On Campus
CSU Study Centre Brisbane
CSU Study Centre Melbourne
CSU Study Centre Sydney
Port Macquarie Campus
Online
Wagga Wagga Campus
Session 2 (60)
On Campus
CSU Study Centre Brisbane
CSU Study Centre Melbourne
CSU Study Centre Sydney
Online
Wagga Wagga Campus

Continuing students should consult the SAL for current offering details: LAW504. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System

HD/FL

Duration

One session

School

School of Accounting and Finance

Enrolment Restrictions

Postgraduate students only. Not available to students who have completed LAW511 or LAW512.

Subject Relationships

LAW511 Similar Content
LAW512 Similar Content

Incompatible Subjects

LAW511, LAW512

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to appraise and discuss the Australian and other legal systems;
  • be able to analyse matters so as to evaluate which court has jurisdiction and differentiate between courts in applying the doctrine of precedent ;
  • be able to anlayse the rules of statutory interpretation and the law relating to torts, contracts, property, agency, partnerships and corporations; and
  • be able to distinguish between rules of law and exercise judgement in applying the law to complex legal problems.

Syllabus

This subject will cover the following topics:
  • introduction to law; classification of legal systems, civil and criminal liability, Australian legal institutions, alternative dispute resolution methods;
  • sources of law, case law and precedent;
  • legal research skills;
  • interpretation of statutes;
  • tort law, elements of negligence; damages and defences;
  • contract law, including formation, essential elements, international contracts, vitiating factors, terms, discharge, damages and remedies;
  • statutory modifications of contract law - consumer protection;
  • property law;
  • the nature of different business organisations;
  • partnership;
  • the law of agency;
  • formation of corporations;
  • corporate liability in crime, tort and contract;
  • corporate governance and the corporate constitution;
  • membership of a corporation - members' meetings and remedies;
  • Directors' duties;
  • corporate finance: shares and debentures;
  • fundraising;
  • external control - liquidation.

Indicative Assessment

The following table summarises the assessment tasks for the online offering of LAW504 in Session 1 2019. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Title
Value %
1
Multiple choice test
10
2
Problem question
10
3
Problem questions
20
4
Final exam
60

The information contained in the CSU Handbook was accurate at the date of publication: July 2020. The University reserves the right to vary the information at any time without notice.

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