CQUniversity Unit Profile
LAWS13009 Corporations Law
Corporations Law
All details in this unit profile for LAWS13009 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.
General Information

Overview

LAWS13009 Corporations Law examines the various business structures available under Australian law, with a particular focus on companies. Topics include partnerships, corporate personality; the incorporation process; the corporate constitution; company contracts; administration of companies and management of the business of companies; duties and liabilities of directors and officers; share capital and membership; members’ remedies; company credit and security arrangements; and winding up of companies. This unit meets the LPAB requirements for company law.

Details

Career Level: Undergraduate
Unit Level: Level 3
Credit Points: 6
Student Contribution Band: 10
Fraction of Full-Time Student Load: 0.125

Pre-requisites or Co-requisites

Prerequisites: LAWS11057, LAWS11059, LAWS11061 and LAWS11062

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Offerings For Term 1 - 2018

Distance

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).

Class and Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate 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

Bundaberg, Cairns, Emerald, Gladstone, Mackay, Rockhampton, Townsville
Adelaide, Brisbane, Melbourne, Perth, Sydney

Assessment Overview

1. Group Discussion
Weighting: 10%
2. Written Assessment
Weighting: 30%
3. Examination
Weighting: 60%

Assessment Grading

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 Policy for more details of interim results and final grades.

Previous Student Feedback

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 from Feedback on Moodle and in class.

Feedback

Students expressed satisfaction with time spent in the zoom sessions discussing assessment expectations.

Recommendation

Continue to provide time in zoom sessions to discuss assessment expectations and continue to provide a marking rubric to students before the due date.

Unit Learning Outcomes
On successful completion of this unit, you will be able to:
  1. Advise on different forms of business organisation in Australia
  2. Research business structures in foreign jurisdictions and compare them to Australian business structures
  3. Understand and explain the rules and ethics of internal governance of companies, directors' duties and members' rights, and apply these principles to problem scenarios
  4. Advise on the civil and criminal responsibility of a company for the actions of individuals purporting to act on its behalf
  5. Understand and explain the different forms of financing for companies and the regulation of securities markets
  6. Advise on various forms of external administration of companies.


Alignment of Learning Outcomes, Assessment and Graduate Attributes
N/A Level
Introductory Level
Intermediate Level
Graduate Level
Professional Level
Advanced Level

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2 3 4 5 6
1 - Group Discussion - 10%
2 - Written Assessment - 30%
3 - Examination - 60%

Alignment of Graduate Attributes to Learning Outcomes

Graduate Attributes Learning Outcomes
1 2 3 4 5 6
1 - Communication
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
5 - Team Work
6 - Information Technology Competence
7 - Cross Cultural Competence
8 - Ethical practice
9 - Social Innovation

Alignment of Assessment Tasks to Graduate Attributes

Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9
1 - Group Discussion - 10%
2 - Written Assessment - 30%
3 - Examination - 60%
Textbooks and Resources

Textbooks

Prescribed

Corporations and Financial Markets Law 7th (2017)

Authors: Redmond, P.
Lawbook Co. Thomson Reuters
Sydney Sydney , NSW , Australia
ISBN: 9780455237947
Binding: Paperback

Additional Textbook Information

Redmond is the essential casebook for this unit. It will be used in most online classes. Additional commentary and the legislation are available via the CCH online subscriptions and the Australasian Legal Information Institute (austlii.edu.au). However, the Corporations Act 2001 is large and can be hard to navigate online, so it is recommended that students purchase the latest Lexis Nexis or Thomson-Reuters edition of the Australian Corporations Legislation which includes annotations.

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
Referencing Style

All submissions for this unit must use the referencing style: Australian Guide to Legal Citation, 3rd ed

For further information, see the Assessment Tasks.

Teaching Contacts
Lance Rundle Unit Coordinator
l.rundle@cqu.edu.au
Schedule
Week 1 Begin Date: 05 Mar 2018

Module/Topic

Business Structures, Corporate Personality and Regulation

Chapter

See unit notes

Events and Submissions/Topic

Week 2 Begin Date: 12 Mar 2018

Module/Topic

The Nature of a Company and its Promoters

Chapter

See unit notes

Events and Submissions/Topic

Week 3 Begin Date: 19 Mar 2018

Module/Topic

Internal Governance and Management Structures

Chapter

See unit notes

Events and Submissions/Topic

Week 4 Begin Date: 26 Mar 2018

Module/Topic

Company Liabilities

Chapter

See unit notes

Events and Submissions/Topic

Discussion Forum post Due: Week 4 Thursday (29 Mar 2018) 11:59 pm AEST
Week 5 Begin Date: 02 Apr 2018

Module/Topic

Directors' Role and Fiduciary Duties

Chapter

See unit notes

Events and Submissions/Topic

Vacation Week Begin Date: 09 Apr 2018

Module/Topic

Chapter

Revision and catch-up on readings

Events and Submissions/Topic

Week 6 Begin Date: 16 Apr 2018

Module/Topic

Directors' Duty of Care and Insolvent Trading

Chapter

See unit notes

Events and Submissions/Topic

Week 7 Begin Date: 23 Apr 2018

Module/Topic

Members' Rights and Remedies

Chapter

See unit notes

Events and Submissions/Topic

Week 8 Begin Date: 30 Apr 2018

Module/Topic

Corporate Reporting, Record-Keeping and Auditing

Chapter

See unit notes

Events and Submissions/Topic

Week 9 Begin Date: 07 May 2018

Module/Topic

Corporate Financing

Chapter

See unit notes

Events and Submissions/Topic

Written Assessment Due: Week 9 Friday (11 May 2018) 11:59 pm AEST
Week 10 Begin Date: 14 May 2018

Module/Topic

External Administration: Receivership and Voluntary Administration

Chapter

See unit notes

Events and Submissions/Topic

Week 11 Begin Date: 21 May 2018

Module/Topic

External Administration: Liquidation

Chapter

See unit notes

Events and Submissions/Topic

Week 12 Begin Date: 28 May 2018

Module/Topic

Securities Trading and Takeovers

Chapter

See unit notes

Events and Submissions/Topic

Review/Exam Week Begin Date: 04 Jun 2018

Module/Topic

Chapter

Revision, exam practice

Events and Submissions/Topic

Exam Week Begin Date: 11 Jun 2018

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Group Discussion

Assessment Title
Discussion Forum post

Task Description

You are required to undertake research of the business structure of a foreign jurisdiction and discuss with a comparison to the Australian jurisdiction. Your discussion will be uploaded as a post/ blog to the assessment 1 discussion forum on Moodle.


Assessment Due Date

Week 4 Thursday (29 Mar 2018) 11:59 pm AEST

Assessment 1 post


Return Date to Students

Vacation Week Friday (13 Apr 2018)

Mark will be available via Moodle Gradebook


Weighting
10%

Assessment Criteria

You will be assessed on your research skills and discussion of the law using concise, clear and grammatically correct language.


Referencing Style

Submission
Online

Submission Instructions
Your discussion will uploaded as a post/ blog to the assessment 1 discussion link on Moodle.

Learning Outcomes Assessed
  • Research business structures in foreign jurisdictions and compare them to Australian business structures


Graduate Attributes
  • Communication
  • Critical Thinking
  • Information Literacy
  • Information Technology Competence
  • Cross Cultural Competence

2 Written Assessment

Assessment Title
Written Assessment

Task Description

You will be presented with a legal problem, the assessment question will be released on Moodle. You will be required to undertake research of legislation and case law and apply this research to support your legal argument and conclusion.


Assessment Due Date

Week 9 Friday (11 May 2018) 11:59 pm AEST

To be uploaded as a word document via the assessment 2 upload link on Moodle


Return Date to Students

Week 11 Monday (21 May 2018)

Grade and feedback will be returned on Moodle


Weighting
30%

Assessment Criteria

You will be assessed on your research skills, your ability to reference case law, reference legislation and outline your legal argument linking the law to the problem scenario using concise, clear and grammatically correct language.


Referencing Style

Submission
Online

Learning Outcomes Assessed
  • Advise on different forms of business organisation in Australia
  • Understand and explain the rules and ethics of internal governance of companies, directors' duties and members' rights, and apply these principles to problem scenarios
  • Advise on the civil and criminal responsibility of a company for the actions of individuals purporting to act on its behalf


Graduate Attributes
  • Communication
  • Problem Solving
  • Critical Thinking
  • Information Literacy
  • Information Technology Competence
  • Ethical practice

Examination

Outline
Complete an invigilated examination

Date
During the examination period, at a CQUniversity examination centre

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
Academic Integrity Statement

As a CQUniversity student you are expected to act honestly in all aspects of your academic work.

Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.

When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.

Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.

As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.

What is a breach of academic integrity?

A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.

Why is academic integrity important?

A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.

Where can I get assistance?

For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.

What can you do to act with integrity?