BLO1105 - Business Law
PROHIBITION: This unit is not available to any law students at VU or elsewhere whether enrolled in a single, combined or honours level law degree.
|1.||Appraise the different legal frameworks of various business structures available for conducting business, and understand and apply statute law and common law in related problem solving;|
|2.||Differentiate between the various types of companies, the effect of incorporation on each of them and explain the separate entity doctrine;|
|3.||To be able to contextualise the role of the company constitution in the internal regulation of each of those types of companies and the powers of the corporation, its managers and agents to engage in dealings with "outsiders". Conceptualise the nature of shares and share capital requirements of the company and the regulatory framework of capital raising by the company;|
|4.||Determine and articulate duties of directors and other officers and their important role in corporate governance in contemporary changing Australian and multinational scenarios; and|
|5.||Argue the rights of shareholders and remedies available to shareholders when their rights are affected. Identify when a company is in financial distress and be able to prescribe the types of options available to companies in financial distress facing external administration.|
|Case Study||Case study - including multiple choice online case study task||10%|
|Examination||Final Examination (Open Book)||60%|
Understanding Company Law 18th edition
Lipton, P, Herzberg, A and Welsh, M 2016
Sydney, Thomson Reuters
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