This course introduces the legal principles relevant to business structures in Australia. Corporate law is emphasised, comprising issues such as: corporate governance (the structure and role of the board of directors, directors' duties, members' rights and shareholder meetings); corporate liability (corporate contracting, negligence issues faced by corporations); corporate finance (debt and equity financing, profit distribution and protection of creditors); and external administration (corporate insolvency, receivership, voluntary administration and winding up).

At the end of the unit you are expected to:

• have acquired a basic knowledge of Australian corporate law;
• be able to apply your knowledge to analyse and address legal issues typically encountered by Australian companies and their advisers

Tutorial assignment - news report 10%

Mid semester assignment 30%

Final examination  60%

The assessment for this course for Summer School, 2010, will be different from the standard semester offerings. Summer School proposed assessment is as follows:

Final Examination - 100%

At least three contact hours per week plus private study time.

You will need to use the skills you have learned in Introduction to Commercial Law in reading cases and legislation and applying them to new problems using the IRAC (Issue, Rule, Application, and Conclusion) approach.

BUSN1101 Introduction to Commercial Law

Incompatible with COMM2101 Law of Business Entities and LAWS2203 Corporations Law.

See Course Outline:  http://ecocomm.anu.edu.au/courses/outline/BUSN2101.pdf

For further information see:  http://ecocomm.anu.edu.au/courses/course.asp?code=BUSN2101