PACC6010

Company Law

10 Units

A company possesses its own legal identity. This course provides an in depth analysis of the classifications and features of companies, the obligations and rights of parties to the corporation with emphasis on the main legislation. Directions for focus include consideration of the company as a legal person; the incorporation of companies; internal governance; director's duties and shareholder's rights; accounts and financial disclosure; transacting and external administration. As alternatives to the corporate form the course sources and interprets the different legal forms of sole trader, partnership and trading trusts. Students will experience increased confidence in employing legal terminology, tools and communication in diverse situations.

Faculty Faculty of Business and Law
School Newcastle Business School
Availability Semester 1 - 2014 (Sydney Bathurst Street)
Semester 2 - 2014 (Sydney Bathurst Street)
Semester 1 - 2015 (Sydney Bathurst Street)
Semester 2 - 2015 (Sydney Bathurst Street)

Previously offered in 2015

Objectives

On successful completion of this course, you will be able to:

  1. Identify the principal legal forms of business organisations differentiating between strengths and weaknesses.
  2. Demonstrate an integrative understanding of the legal structure of a company.
  3. Interpret and restate the legal rights and duties of parties to the corporation (governance).
  4. Recognise, assess and resolve basic legal issues in an ethical and professional manner when interacting with corporations.
  5. Explain the legal consequences of the main feature of a company, particularly separate legal personality.
  6. Discuss how a company contracts with others.
  7. Exhibit an awareness of the rights and duties of directors and shareholders of a company.
  8. Demonstrate an evaluative understanding of corporate finance and failure.
  9. Communicate your professional knowledge in an articulate style and structure.
Content

The course includes a presentation of the forms and characteristics of business associations, partnerships, the rights and obligations of partners, the nature and various forms of corporations, directors’ duties, members’ rights, and legal aspects of company finance.

Replacing Course(s) Nil
Transition Nil
Industrial Experience 0
Assumed Knowledge PACC6009 Business Law
Modes of Delivery Internal Mode
Teaching Methods Lecture
Tutorial
Assessment Items
  • Examination: Class - Class quiz
  • Essays / Written Assignments - Case Study
  • Examination: Formal -
  • Presentations - Tutorial -
Contact Hours
  • Lecture: for 3 hour(s) per Week for Full Term
Compulsory Components
  • Requisite by Enrolment: This course is only available to students enrolled in the Master of Professional Accounting, Master of Professional Accounting (Advanced) and Master of Professional Accounting/Master of Business.
Course Materials None listed
Timetable 2015 Course Timetables for PACC6010

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