LAWS20059 - Corporations and Business Structures

General Information

Unit Synopsis

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

Level Postgraduate
Unit Level 9
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Prerequisite: LAWS20058

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 2 - 2021

Term 2 - 2021 Profile
Brisbane
Melbourne
Online
Sydney
Term 1 - 2022 Profile
Brisbane
Melbourne
Online
Sydney
Term 2 - 2022 Profile
Brisbane
Melbourne
Online
Sydney

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).

Assessment Overview

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.

Assessment Tasks

Assessment Task Weighting
1. Presentation and Written Assessment 40%
2. Take Home Exam 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 Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

Term 1 - 2020 : The overall satisfaction for students in the last offering of this course was 3.9 (on a 5 point Likert scale), based on a 44.34% 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: On-campus teachers, markers
Feedback
Students fail to develop skills to answer legal questions, and rely too heavily on having an answer that they can copy.
Recommendation
It is necessary to continue to emphasise written answer practice in class and to provide every opportunity for such practice.This should be the subject of regular communications by teaching staff to students in class. The unit provides many problem-solving podcasts as well as other learning materials that can assist in such practice. Students must have opportunities for practice in class and must be made to understand that assessments require learning and thinking, not just copying from sources.
Action Taken
Workshops were designed to develop student skills in solving legal problems.
Source: Student feedback
Feedback
Similar to above, students report wanting more examples of answers.
Recommendation
Teachers need to be instructed to spend a lot of time in class working through example answers. However, to ensure that students are developing skills rather than just copying, they should not be given written examples that they will simply copy. Students need to be trained to answer questions that they have not seen before by emphasising reasoning skills rather than rote answers.
Action Taken
Workshops focused on working through solutions to legal problems. Written examples were not provided to ensure students do not simply copy the examples.
Source: Student feedback
Feedback
Break down large assessments into a series of smaller assessments
Recommendation
Mix of assessments will be reviewed
Action Taken
Nil.
Unit learning Outcomes

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 - Take Home Exam
Alignment of Graduate Attributes to Learning Outcomes
Advanced Level
Professional 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
Alignment of Assessment Tasks to Graduate Attributes
Advanced Level
Professional Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7
1 - Presentation and Written Assessment
2 - Take Home Exam