The aim of this unit is to introduce students to the corporation as a separate entity, the concept of corporate regulation and practical areas of Australian corporate law (including incorporation, the administration and management of companies, directors' duties, share capital and membership, the company constitution, company contracts, shareholder rights and remedies, dividends, company credit and security arrangements, fundraising through shares issues and by debt, and the  insolvency and winding of companies.). The unit enables students to explore, research, analyse and debate some of the significant contemporary issues in Australian corporate law, complementing the LLB course by preparing students to work in the globalised, sophisticated 21st century commercial world, whether as a commercial lawyer, a corporate lawyer or in another role where company and commercial law principles are relevant.

Unit details

Study level:
Credit points:
Unit code:


BLB1101 - Australian Legal System in Context and BLB1114 Legal Research Methods (applicable for BBLC, BBLL, BLAA, BLAW, BLEV, BLGE, LBLA, LBLC, LBWB, LBWP, LHGE, LHLB, LHLW, LHWA, LHWB, LHWP students ONLY) BLO1105 - Legal Research Methods (applicable for BBAA, BBAQ, BLLP, BMAACT, BSPACC, BSPACT, LMICOM students ONLY)

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Elaborate and interpret the relevant provisions of the Corporations Act 2001 (Cth) and, where applicable, common law and equity;  
  2. Analyse and explain applicable policies underlying rules and principles relating to corporations and their stakeholders in a 21st century setting;  
  3. Critically review and debate complex legal problems in corporations law and recommend appropriate innovative resolutions; and  
  4. Demonstrate strong skills in legal research and writing, critical analysis, problem solving, and communication in relation to corporations law.  


Assessment type Description Grade
Test Online quiz 10%
Assignment Written Paper (Individual) 40%
Examination Final exam 50%

Required reading

Corporations Law: In Principle 10th edn
Yogaratnam J, and Xynas L, 2017
Thomson Reuters

Where to next?

As part of a course

This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.

You can choose to study this unit as part of the following courses. Refer to the course page for information on how to structure your course to include this unit.

Study a single unit

This unit can be studied on its own, without enrolling in a full degree. Learn more about single units of study at VU.

VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.