Unit Synopsis
This unit provides insights into law and regulations applicable to companies, focusing on analysis of the Corporations Act 2001 (Cth), ASIC's powers and functions and ASX's listing regulations. In this unit, you will explore topics including corporate personality, company incorporation and its consequences, rules for internal and external management, and company’s constitution You will also be introduced to the meaning and definitions of directors and other key personnel, types of directors, directors duties, corporate insolvency, and duties of auditors.
Details
| Level | Undergraduate |
|---|---|
| Unit Level | 2 |
| Credit Points | 6 |
| Student Contribution Band | SCA Band 4 |
| Fraction of Full-Time Student Load | 0.125 |
| Pre-requisites or Co-requisites |
LAWS11030 or LAWS19031 or LAWS11054 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 1 - 2026
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. Written Assessment | 40% |
| 2. Case Study | 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 .
Term 1 - 2025 : The overall satisfaction for students in the last offering of this course was 92.86% (`Agree` and `Strongly Agree` responses), based on a 25.93% response rate.
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: SUTE Data and student feedback
Students would like to see more guidance to be provided for the referencing the assessment tasks
More guidance to be provided to students for referencing requirements for the assignment task through documentary guides and files.
The assessment task has provided more detailed and in-built instructions on how to complete the assignment task. Additionally, a separate guiding document has been prepared and provided to the students. Practice questions are also provided to the students for preparation for the take home exam. This has been found useful by the students.
Source: SUTE Unit Comments
Students want more guidance on the final take home exam that covers case study based questions
Students to be provided advise and guidance on answering legal case study based questions to support their performance for the take home exam through documentary guides and flies.
Students are provided with practice questions that helps with preparation of the take home exam.
Source: SUTE Unit comments
Students would like more guidance on answering research based questions for the assignment
Students to be provided advise on how to answer research or activity based questions for the assignment task through documentary guides and files.
Students are provided with enhanced instructions and guiding documents for answering written assignment questions.
Source: SUTE comments
Students requested more support for the assessments
Student support for the take home exam and other assessments was provided using Moodle announcements, CQU success, emails, and practice questions. Reviewing drafts of the written assessments was also provided and this has helped the students.
In Progress
On successful completion of this unit, you will be able to:
- Evaluate key aspects of the body of legislation, rules, regulations that govern companies, including any contemporary developments
- Apply knowledge of company law to business scenarios that reflects ethical understanding and professional standards
- Demonstrate the capacity to apply legal reasoning and research to generate appropriate responses to legal problems in company law contexts
- Demonstrate the ability to work independently and effectively communicate practical responses to legal issues in business contexts.
| Assessment Tasks | Learning Outcomes | |||
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| 1 - Written Assessment | • | • | • | • |
| 2 - Case Study | • | • | • | • |
| Graduate Attributes | Learning Outcomes | |||
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| 1 - Communication | • | • | • | • |
| 2 - Problem Solving | • | |||
| 3 - Critical Thinking | • | • | • | • |
| 4 - Information Literacy | • | • | • | |
| 6 - Information Technology Competence | • | • | ||
| Assessment Tasks | Graduate Attributes | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 10 | |