units

BTF2220

Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedCaulfield First semester 2012 (Day)
Caulfield Second semester 2012 (Day)
Coordinator(s)Dr. Michelle Welsh [semester 1]. Mr. Michael Duffy [semester 2].

Synopsis

Topics include the separate legal entity status of companies and the concept of limited liability; the effect of registration; the corporate constitution; the company's relationship with outsiders; corporate management incorporating extensive consideration of directors' duties; share capital; regulation of public fund raising; members' remedies incorporating statutory remedies and common law rights of action; members' meetings; forms of corporate insolvency administrations; trusts, incorporating the role of trustees and the rights of beneficiaries.

Outcomes

The learning goals associated with this unit are to:

  1. demonstrate an understanding of the significance and functions of corporations, and trusts, as legal structures that facilitate the carrying on of business
  2. identify, explain and apply legislation and case law to the internal and external regulation of corporations, and the operations of trusts
  3. develop skills in legal problem solving and analyse legal problems relating to corporations and trusts.

Assessment

Within semester assessment: 30%
Examination (3 hours, open-book): 70%

Chief examiner(s)

Dr Michelle Welsh (semester 1)
Mr Michael Duffy (semester 2)

Contact hours

3 hours per week

Prerequisites

BTF1010

Prohibitions

BTC2210, BTG2220, BTW2220