Abstract
Examines the modern law of commercial enterprises with a focus upon the law of corporations. Other types of business organisations, in particular partnerships, joint ventures, trusts and sole proprietorships are given coverage and compared with the corporation. Agency is examined under both the Doctrine of Ostensible Authority and the Law … For more content click the Read More button below.
Syllabus
Unincorporated Business Associations Covers:
- Trusts, Partnerships, Sole Proprietors, Joint Ventures
- Formation of each entity
- Legal relationships
- Duties and rights of controllers
- Comparison with a corporation
Corporations Covers:
- Formation
- Constitution
- Law of Meetings
- Duties of Directors
- Protection of Minority Interests
- … For more content click the Read More button below.
- Capital Share and Loan
- Law of Auditors
- Takeovers
- Winding Up, includes Insolvency and De-registration
- Securities Industry Law
Learning outcomes
Upon successful completion of this subject, students should:
1.
be able to identify the source and content of the law in relation to each type of organisation;
2.
be able to explain the means of bringing into being each type of organisation;
3.
be able to identify the most appropriate form of organisation for a business undertaking;
4.
be able to compare the advantages and disadvantages of each type of commercial enterprise;
5.
be able to comprehend the law relating to the daytoday operation of a corporation both internally and externally;
6.
be able to analyse the provision of the Corporations Law relating to Winding Up, Takeovers and the Securities Industry;
7.
be able to resolve hypothetical problems encountered by commercial enterprises.
Assumed knowledge
LAW110
Enrolment restrictions
Bachelor of Business Studies students only. Not available to students who have completed LAW220, LAW310 or LAW380.