BUSN2101 Law of Business Entities

Later Year Course

Offered By	School of Accounting & Business Info Systems
Academic Career	Undergraduate
Course Subject	Business
Offered in	Summer Session, 2012, First Semester, 2012, and First Semester, 2013
Unit Value	6 units
Course Description	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).
Learning Outcomes	Upon successful completion of the requirements for this course, students will be able to: apply your knowledge of corporate law to analyse and address legal issues typically encountered by Australian companies and their advisers understand the way the law will view a set of circumstances and why the law exists rather than only viewing a situation from a commercial viewpoint and also know how to apply this to influence and inform decision making identify legal issues amongst factual issues find current statements of case law and legislation regarding legal issues direct ongoing learning especially in the context of amendments to corporate law
Indicative Assessment	News Report 10% Assignment 30% Examination 60%
Workload	Students taking this course are expected to commit at least 8 hours a week to completing the work. This will include: lectures – 2 hours tutorials – 1 hour tutorial preparation – 2 hours continuous assessment - 3 – 5 hours (not evenly spread ) Assessment for Summer School 2012 was as follows: Final Examination 100%
Areas of Interest	Accounting
Assumed Knowledge and Required Skills	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.
Requisite Statement	BUSN1101 Introduction to Commercial Law
Incompatibility	Incompatible with COMM2101 Law of Business Entities and LAWS2203 Corporations Law.
Prescribed Texts	See Course Outline
Preliminary Reading	See Course Outline
Indicative Reading List	See Course Outline
Majors/Specialisations	Accounting
Other Information	For further information see the course website
Academic Contact	See http://cbe.anu.edu.au/courses/course.asp?code=BUSN2101

The information published on the Study at ANU 2012 website applies to the 2012 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2011 website.