LAWS20059 - Corporations and Business Structures
Term 1 - 2017


All details in this unit profile for LAWS20059 have been officially approved by CQUniversity and represent a learning partnership between the University and you (our student). The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.

Overview

This unit will provide you with a comprehensive study of the law of business structures, with a particular focus on company and securities industry law. Topics include partnerships, trusts and other organisational structures, the effects of incorporation, the corporate constitution, registration requirements, prospectuses and share issues, administration of companies, raising finance, directors, shareholders, meetings, external administration and winding up, takeovers, special types of companies, and market regulation. If you have successfully completed the unit LAWS20029 you should not enrol in this unit.

Details

Career Level Postgraduate
Credit Points 6
Student Contribution Band 3
Fraction of Full-Time Student Load 0.125

Pre-requisites or Co-requisites

Prerequisite: LAWS20058

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Offerings

Term 1 - 2017
  • Brisbane
  • Distance
  • Melbourne
  • Sydney

Website

This unit has a website, within the Moodle system, which is available two weeks before the start of term. It is important that you visit your Moodle site throughout the term. Go to Moodle

Recommended Student Time Commitment

Each 6-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Class Timetable

Assessment Overview

Assessment Task Weighting
1. Presentation and Written Assessment 40%
2. Examination 60%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University’s Grades and Results Procedures for more details of interim results and final grades.

All University policies are available on the IMPortal.

You may wish to view these policies:

  • Grades and Results Procedure
  • Assessment Policy and Procedure (Higher Education Coursework)
  • Review of Grade Procedure
  • Academic Misconduct Procedure
  • Monitoring Academic Progress (MAP) Policy and Procedure – Domestic Students
  • Monitoring Academic Progress (MAP) Policy and Procedure – International Students
  • Refund and Excess Payments (Credit Balances) Policy and Procedure
  • Student Feedback – Compliments and Complaints Policy and Procedure
  • Acceptable Use of Information and Communications Technology Facilities and Devices Policy and Procedure

This list is not an exhaustive list of all University policies. The full list of University policies are available on the IMPortal.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Feedback Source Recommendation
Increased use of diagrams Self-reflection More diagrams should be introduced to the course materials, accompanied by instructions on how to use them.
Increased use of problem-solving podcasts Student evaluations Teaching staff should emphasise with students the use of the problem-solving podcasts to better understand how to solve legal problems.
On successful completion of this unit, you will be able to:
  1. Research and advise on the principles of partnerships, trusts and company law
  2. Advise on the practical and legal features of the various types of corporate and non-corporate business structures, including advice on the risks and problems associated with particular structures
  3. Advise on and resolve problems and disputes arising out of partnerships, trusts and corporations
  4. Advise on proper practices of corporate governance, finance, reporting and record-keeping.

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2 3 4
1 - Presentation and Written Assessment
2 - Examination

Alignment of Graduate Attributes to Learning Outcomes

  • Professional Level
  • Advanced Level
Graduate Attributes Learning Outcomes
1 2 3 4
1. Knowledge
2. Communication
3. Cognitive, technical and creative skills  
4. Research    
5. Self-management      
6. Ethical and Professional Responsibility      
7. Leadership        

Alignment of Assessment Tasks to Graduate Attributes

  • Professional Level
  • Advanced Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7
1 - Presentation and Written Assessment    
2 - Examination      

Prescribed Textbooks

Commercial Applications of Company Law
Author/s: Hanrahan P, Ramsay I and Stapledon G. Year: 2017
Edition: 18 th Publisher: Oxford University Press
City: South Melbourne State: Victoria
Country: Australia
View textbooks at the CQUniversity Bookshop
Note:

Students may also use the 14th, 15th,16th or 17th editions of the textbook.

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
All submissions for this unit must use the Australian Guide to Legal Citation, 3rd ed referencing style (details can be obtained here). For further information, see the Assessment Tasks below.
Unit CoordinatorPeter Robinson (p.robinson1@cqu.edu.au)
Note: Check the Term-Specific section for any additional contact information provided by the teaching team
Week Begin Date Module/Topic Chapter Events and Submissions
Week 1 06-03-2017

Sole Trading, Partnerships and Joint Ventures

Prescribed readings

Week 2 13-03-2017

Trusts

Prescribed readings

Week 3 20-03-2017

The Nature of Companies

Prescribed readings

Week 4 27-03-2017

Internal Governance and Company Management

Prescribed readings

Week 5 03-04-2017

The Roles and Duties of Directors

Prescribed readings

Vacation Week 10-04-2017
Week 6 17-04-2017

Remedies for Breach of Duty and Reporting Requirements

Prescribed readings

Written Assessment Due Thursday (20 Apr 17) 11:45 PM AEST
Week 7 24-04-2017

Corporate Finance

Prescribed readings

Week 8 01-05-2017

Corporate Contracting and Other Liability

Prescribed readings

Week 9 08-05-2017

External Administration

Prescribed readings

Week 10 15-05-2017

The Secondary Market

Prescribed readings

Week 11 22-05-2017

Revision and Exam Practice

Week 12 29-05-2017

Revision and Exam Practice

Review/Exam Week 05-06-2017
Exam Week 12-06-2017

1 Presentation and Written Assessment

Assessment Title Written Assessment
Task Description
The assignment is a skills-based task, designed to provide practice in research and providing business advice on real-life issues. The detail is too long to include here, but will be available on the unit Moodle website early in the term.
Assessment Due Date Week 6 Thursday (20-Apr-2017) 11:45 PM AEST
Return Date to Students Week 9 Monday (08-May-2017)
Weighting 40%
Assessment Criteria
Research and advice are key skills of modern business professionals. You will be assessed on your research and problem solving skills and your ability to present your advice in a professional manner. You should assume that you are reporting to a business client who has asked you to provide a professional opinion. Any advice and explanations should be expressed in your own words and not simply copied from another source. Good explanations and summaries state the key information and omit information that is unimportant or irrelevant, so your ability to make intelligent decisions about what to include and what to exclude will be a key marking criterion. The format and presentation style of your assignment will also be assessed. Clients expect an advice to be clearly stated, consistently formatted and presented in a user-friendly style. You are allowed a lot of leeway in how you do that, but the marker will be assessing how successful you have been in your presentation. All students should ensure that basic QA features like spell-checking, page-numbering, and consistent headings are incorporated into their final submission.
Referencing Style Australian Guide to Legal Citation, 3rd ed
Submission Online

Learning Outcomes Assessed
This section can be expanded to view the assessed learning outcomes

1. Research and advise on the principles of partnerships, trusts and company law

2. Advise on the practical and legal features of the various types of corporate and non-corporate business structures, including advice on the risks and problems associated with particular structures

3. Advise on and resolve problems and disputes arising out of partnerships, trusts and corporations

4. Advise on proper practices of corporate governance, finance, reporting and record-keeping.

Graduate Attributes
This section can be expanded to view the assessed graduate attributes

1. Knowledge

2. Communication

3. Cognitive, technical and creative skills

4. Research

5. Self-management



Examination

Outline Complete an examination
Date During the University examination period
Weighting 60%
Length 180 minutes
Details Dictionary - non-electronic, concise, direct translation only (dictionary must not contain any notes or comments).
No Calculators Permitted
Open Book
Learning Outcomes Assessed
This section can be expanded to view the assessed learning outcomes

1. Research and advise on the principles of partnerships, trusts and company law

2. Advise on the practical and legal features of the various types of corporate and non-corporate business structures, including advice on the risks and problems associated with particular structures

3. Advise on and resolve problems and disputes arising out of partnerships, trusts and corporations

4. Advise on proper practices of corporate governance, finance, reporting and record-keeping.

Graduate Attributes
This section can be expanded to view the assessed graduate attributes

1. Knowledge

2. Communication

3. Cognitive, technical and creative skills

6. Ethical and Professional Responsibility


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