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Unit Synopsis
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
| Level | Undergraduate |
|---|---|
| Unit Level | 3 |
| Credit Points | 6 |
| Student Contribution Band | SCA Band 4 |
| 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). |
| Class Timetable | View Unit Timetable |
| Residential School | No Residential School |
Unit Availabilities from Term 3 - 2019
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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).
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.
Assessment Tasks
| Assessment Task | Weighting |
|---|---|
| 1. Group Discussion | 10% |
| 2. Written Assessment | 30% |
| 3. 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%).
Past Exams
All University policies are available on the Policy web site, however you may wish to directly view the following policies below.
This list is not an exhaustive list of all University policies. The full list of policies are available on the Policy web site.
No previous feedback available
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.
Source: Student feedback
Topical assessments
Assessments in the subject will continue to be based on emerging and topical issues in Corporate Law (particularly the major assignment).
Successful continuation of this strategy. The major assignment in particular focused on a current issue in duties owed to a corporation based on recent precedents.
Source: Student feedback
Podcasts
Podcasts were a significant means of communication for the subject. Students can listen to these in their own time. Podcasts are kept to 10 minute limits and discreet topics. Podcasts will continue to be further developed and refined next time.
Podcasts further refined and developed this year to reflect weaknesses and strengths of the cohort. The improvements are reflected in the comments of a student who noted the difference.
Source: Accreditation body
Skills based assessment
Assessments in the subject will continue to emphasize required Graduate Skills and Attributes, focusing on advocacy and legal methodology for constructing and communicating arguments.
Assessments continued to focus on developing GAs - including ability to provide a legal opinion using advocacy skills. The major assessment in particular is a moot problem, which requires students to rely on their communication skills to persuade an examiner of the correctness of their legal opinion. For next year, additional podcasts will be added specifically to further address advocacy skills/correct legal method.
Source: Student feedback
Tutorial problems
More tutorial problems will be developed for the tutorials in 2025.
More tutorial problems were developed as flagged. Further, to provide students with sufficient practice and to allay student concerns about returning to a handwritten, invigilated exam, further podcasts were developed addressing exam preparation and exam performance. Additionally, tutorials were developed as examination practice sessions as well. This was well received by the students and provided them with greater confidence heading into their exam.
Source: Based on student feedback during tutorials during semester.
Use tutorials to learn note taking and exam technique.
Continue to develop and use problem questions to develop students' capacity to prepare notes for and to sit examinations.
In Progress
Source: SUTE data and email feedback from students.
No other specific feedback - the SUTE data/feedback reflected students' satisfaction with the current format and approach taken in the subject.
Will continue to engage with students to ensure they are happy with the approach during next iteration of the subject in 2026.
In Progress
Source: SUTE data.
Feedback regarding difficulty of providing a legal opinion on content not already covered.
Ensure more announcements (more than three next time) on the fact that the assignment is a research assignment, intended to test students' ability to research a topic in the subject area as part of external accreditation body's requirements. As such, the assignment will necessarily have to cover matters not covered in classes before the due date for the assessment.
In Progress
On successful completion of this unit, you will be able to:
- Advise on different forms of business organisation in Australia
- Research business structures in foreign jurisdictions and compare them to Australian business structures
- 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
- Understand and explain the different forms of financing for companies and the regulation of securities markets
- Advise on various forms of external administration of companies.
| Assessment Tasks | Learning Outcomes | |||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 1 - Group Discussion | • | |||||
| 2 - Written Assessment | • | • | • | |||
| 3 - Examination | • | • | • | • | ||
| 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 | • | |||||
| Assessment Tasks | Graduate Attributes | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 10 | |
| 1 - Group Discussion | • | • | • | • | • | ||||||
| 2 - Written Assessment | • | • | • | • | • | • | |||||
| 3 - Examination | • | • | • | • | • | ||||||