Faculty of Business and Economics

Skip to content | Change text size

print version

Monash University

Monash University Handbook 2010 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

FacultyFaculty of Business and Economics
OfferedSouth Africa First semester 2010 (Day)
South Africa Second semester 2010 (Day)
Coordinator(s)Ms Michel Koekemoer


An examination of business entities law at an advanced level, with emphasis on the law of partnership, company law, the law of close corporations and the law of business trusts. An examination will also be made of the law relating to specific contracts, eg: contracts of purchase, sale and lease, property transactions and credit agreements. The law pertaining to suretyship, mortgage and pledge will be examined as will the law of agency.


The learning goals associated with this unit are to:

  • identify and describe various forms of business enterprises in South Africa;
  • provide basic legal advice regarding the choice of business form;
  • discuss, analyse and give advice on the legal structure of the partnership, company, close corporation and business trust;
  • explain and give advice on the rights and duties of the different roleplayers in the partnership, company, close corporation and business trust;
  • describe the basic common law doctrines/principles governing the various forms of business enterprises;
  • analyse and explain the interaction between the statutory law and common law in terms of the various business forms;
  • explain the effect of recent court decisions regarding the various business forms;
  • analyse a given practical situation in terms of the statutes and common law regarding the various business forms; and
  • relate and interpret various sections of the statutes that affect each other.


Within semester assessment: 30 %
Examination: 70%

Chief examiner(s)

Michel Koekemoer

Contact hours

One 2-hour lecture and one 1-hour tutorial per week