Monash University Handbook 2010 Undergraduate - Unit

Synopsis

Topics include the Corporations Act 2001 scheme; the role and functions of the Australian Securities and Investments Commission; the concept of limited liability; the effect of registration; the corporate constitution; the company's relationship with outsiders; share and loan capital; regulation of public fund raising; duties of directors; rights of shareholders and minority shareholder protection; forms of corporate insolvency administrations, particularly as they affect creditors, officers and shareholders.

Objectives

The learning goals associated with this unit are to:

• identify the important elements in the internal and external regulation of companies and how they may be used
• analyse hypothetical case studies and formulate a legal argument by the application of statute and case law
• critically evaluate the effectiveness of aspects of corporate law in the context of the changing needs of the community.

Assessment

Within semester assessment: 30%
Examination (3.5 hours -- includes 0.5 hours for reading and note taking): 70%

Chief examiner(s)

Anne O'Rourke

Contact hours

Two 1-hour lectures and one 1-hour tutorial per week

Prerequisites

BTC1110 or BTC2110 or equivalent

Prohibitions

BTW2220, BTF2220, LAW4171