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Area/Catalogue
COML 2005

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Course Level
Undergraduate

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Offered Externally
Yes

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Course ID
105396

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Unit Value
4.5

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University-wide elective course
No

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Timetable/s

Second Semester
(Study Period 5)
Course owner

Course owner
School of Law

Course aim

To provide an understanding of the unenacted and enacted laws relating to partnerships and corporations and to further develop the application of legal methodology in problem solving.

Course content

Definition and characteristics of partnerships, formation of partnerships, relations of partners inter se and fiduciary obligations. Relations with outsiders. Dissolution of partnerships. The role of corporations law in the Australian legal system; the history of corporations law leading to the development of the modern limited liability company; the national system of legislation. The incorporation process; the separate entity theory; the corporate constitution. The legal position of persons dealing with corporations; pre-incorporation contracts; promoters and their obligations to the company; corporate liability for the acts of officers; corporate contracting; management contracts with the company. Capital structure and dividends. Corporate governance. Company directors, officers and controllers: common law, equitable and statutory duties. Shareholders' rights and obligations; common law, equitable and statutory remedies.

Textbook(s)

Harris, J, Hargovan, A & Adams, M 2018, Australian Corporate Law, 6th edn, LexisNexis Butterworths, Australia

Hyland, M & Nehme, M 2013, Quick Reference Card, Corporations Law - Directors Duties, Current edition, LexisNexis Butterworths, Australia

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number Course Name
LAWS 1018 Business Law

Corequisite(s)

Nil

Teaching method

Component Duration
INTERNAL, CITY WEST
Preparatory 1 x 1 week
Workshop 2.5 hours x 10 weeks
INTERNAL, OFFSHORE, TAYLOR'S BUSINESS SCHOOL
Workshop 35 hours x N/A
EXTERNAL, CITY WEST, ONLINE
Online 35 hours x N/A

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.


Assessment

Task Length Weighting Duration
INTERNAL, CITY WEST
Problem solving exercise 1400 words 30% N/A
Written examination N/A 60% Open book 2 hours 30 minutes
Continuous assessment N/A 10% Ongoing
INTERNAL, OFFSHORE, TAYLOR'S BUSINESS SCHOOL
Problem solving exercise 1400 words 30% N/A
Written examination N/A 60% Open book 2 hours 30 minutes
Continuous assessment N/A 10% Ongoing
EXTERNAL, CITY WEST, ONLINE
Problem solving exercise 1400 words 30% N/A
Written examination N/A 60% Open book 2 hours 30 minutes
Continuous assessment N/A 10% Ongoing

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
How to determine your Commonwealth Supported course fee. (Opens new window)

Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the Division offering the course. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation

Course Coordinators

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