UWA Handbook 2017

Unit details

LAWS2301 Company Law

Credit 6 points
  Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Summer teaching periodUWA (Perth)Face to face
Details for undergraduate courses
  • Level 2 core unit in the Business Law major sequence
  • Category B broadening unit for Bachelor of Arts, Bachelor of Science and Bachelor of Design students
  • Level 2 elective
Content This unit aims to enable students to understand the legal framework that is applicable to a company and the people involved with companies. The limited liability company is the most important form of legal association in use in the commercial world. The law governing the formation and dissolution of companies and regulating their activities while in existence is largely contained in the Corporations Act 2001 (Commonwealth). The provisions of the legislation are interpreted and supplemented by an extensive body of case law. The unit also covers the potential liability of auditors, receivers and liquidators to the company for breach of their duties.
Outcomes Students are able to (1) gain a basic knowledge of (a) the laws of contract and tort in so far as they are applicable to companies; (b) the laws that govern the relationship between the company and its directors and shareholders; (c) the protections available to minority shareholders; (d) the duties and liabilities of directors to the company and outsiders; and (e) the duties and liabilities of an auditor, a receiver and a liquidator to the company and (2) develop skills in (a) identifying the issues that arise when a transaction is carried out by a company and/or its directors; (b) understanding and using the Corporations Act 2001 (Commonwealth) and case law in resolving disputes that can arise between the company and its directors, the company and its shareholders and the company and outsiders; (c) legal method and writing (assignment on the use of the Corporations Act and case law); and (d) oral communication (participation in tutorials on fact-based questions).
Assessment Typically this unit is assessed in the following ways: (1) tutorial participation; (2) mid-semester test or assignment; and (3) examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s) Dominque Dagbanja and Samuel Raj
Unit rules
Prerequisites: LAWS1104 Introduction to Law or LAWS1120 Australian Legal Principles and Institutions
Contact hours Summer lectures: block teaching, 24 hours
Semester 2 lectures: 2 hours per week; tutorials: 1 hour per week
Unit OutlineSemester 2 : http://www.unitoutlines.law.uwa.edu.au/Units/LAWS2301/SEM-2/2017
SUMMER : http://www.unitoutlines.law.uwa.edu.au/Units/LAWS2301/SUMMER/2017

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