79014 Applied Company Law

Description

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

This subject emphasises the realities of the company in a changing commercial world, and how the Australian legal framework has evolved in response to political and socioeconomic change. In the seminar 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 relationship between the company and its directors and shareholders; the directors' 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 their learning is an essential component of this subject. Learning involves active engagement with the subject content through podcasts, seminars and a range of online exercises.