79014 Applied Company Law

Description

This subject is designed to provide business students with a sound understanding of fundamental aspects of company law and regulations as they apply to the modern companies. Students learn to identify the legal issues, liabilities and risks, which may arise in current business practice.

This subject emphasises the realities of companies in the changing commercial world, and how the Australian legal framework has evolved in response to political and socioeconomic changes. In the tutorial discussion questions and hypothetical legal problem questions, students follow the progression of the modern company life cycle, from its startup and the possibilities of alternative business structures; expansion to a limited liability company, including the laws that govern the external and internal relationships between the company and its directors and shareholders; thedirectors' and officers' duties and the role of corporate regulators; the raising of equity and debt; company accounts and audit; and finally, companies in difficulty and the end of the company life cycle.

This subject is taught from a student-centred perspective where student responsibility for learning is essential in this subject. Learning involves active engagement with the subject content through podcasts, tutorials and a range of online exercises.