Corporations Law (CLAW2201)
UNIT OF STUDY
Companies are an integral part of our business environment. All participants in the world of business have dealings with companies - whether as employees, clients, customers, directors, shareholders, creditors, debtors, suppliers, vendors, consultants or professional advisers. This makes it essential to have an understanding of the legal nature and characteristics of companies and the manner in which their activities and management are regulated. In this unit, the legal "life cycle" of a company is examined along with a comparison of companies to other business entities. The ways in which important activities undertaken by companies are regulated are explored including: entering contracts, raising funds, issuing shares, paying dividends. Consideration is given to the duties and obligations the law places upon those who manage companies, and the consequences which may result from any breach of those duties and obligations. The position of companies in financial difficulty and the final stages in the life cycle of an insolvent company are also addressed.
Further unit of study information
Two hours of lectures and a one hour tutorial per week
Mid semester test (20%), assignment (20%), tutorial work and participation (10%), and final exam (50%)
Faculty/department permission required?
Unit of study rules
Prerequisites and assumed knowledge
Any 4 full semester junior units of study including CLAW1001
Study this unit outside a degree
If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.
If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.