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BUSN7057 Business Association Law

Offered By School of Accounting & Business Info Systems
Academic Career Graduate Coursework
Course Subject Business
Offered in First Semester, 2013, Second Semester, 2013, First Semester, 2014, and Second Semester, 2014
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:

  • 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;
  • 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;
  • have sufficient knowledge to identify legal issues amongst factual issues;
  • have sufficient knowledge and skills to find current statements of case law and legislation regarding legal issues;
  • have developed skills to direct ongoing learning especially in the context of amendments to corporate law .
Indicative Assessment
  • Assignment 40%
  • Final Examination 60%
Workload

Students taking this course are expected to commit at least 10 hours a week to completing the work. This will include 3 hours per week in class and at least 7 hours a week on average (including non-teaching weeks) on course reading, research, writing and assignment work.

Course Classification(s) SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation. and TransitionalTransitional courses are designed for students from a broad range of backgrounds and learning achievements, which provide for the acquisition of generic skills; or an informed understanding of contemporary issues; or fundamental knowledge for transition to Advanced or Specialist courses.
Areas of Interest Accounting, Commerce, and Law
Eligibility

At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree

Requisite Statement

Prerequisite:  BUSN7052 Commercial Law.

Incompatibility

Incompatible with BUSN2101 Law of Business Entities.

Prescribed Texts

See Course Outline

Preliminary Reading

See Course Outline

Programs Graduate Certificate in Accounting, Graduate Certificate in Accounting, Master of Professional Accounting, Master of Professional Accounting, Master of Accounting, and Master of Accounting
Academic Contact http://cbe.anu.edu.au/courses/rsabis/BUSN7057

The information published on the Study at ANU 2013 website applies to the 2013 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2012 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions