Key facts
UNE unit code: LSSU591
*You are viewing the 2025 version of this unit which may be subject to change in future.
- Trimester 1 - Online
- Armidale Campus
- Yes
- No
- Yes
- 6
Unit information
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This unit is available to non-law students only and provides a comprehensive introduction to the legal principles applicable to commercial associations with an emphasis on corporations.
The wide range of topics covered include sole traders, partnerships and the law of agency, trusts (discretionary, unit, and hybrid) as well as joint ventures, superannuation entities and the function and structure of companies.
You will also examine corporate governance, member's rights, corporate liability, corporate finance, takeovers and schemes of arrangement, financial records, financial reporting and audit requirements and companies in distress.
Offerings
For further information about UNE's teaching periods, please go to Principal Dates.
Teaching period | Mode/location |
---|---|
Trimester 1 | Online |
*Offering is subject to availability
Intensive schools
There are no intensive schools required for this unit.
Enrolment rules
Notes
Legal Studies unit available to all students, other than Law students, subject to degree rules. Those students wishing to meet the qualification requirements of the Tax Practitioners Board should also consider enrolling in LSSU450, LSSU451, LSSU592, and LSSU593. Due to accreditation requirements [TPB and ASIC(FASEA)], students must sit an independent invigilated assessment/supervised examination.
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- demonstrate an advanced and coherent understanding of the nature and scope of the law of commercial associations as it relates to the law of entities and business structures, but focussing primarily on companies, the duties of directors and other officers of the company, members rights, company financing and financial reporting, securities control and takeovers and winding up;
- use creativity, initiative and professional judgement to critically discuss the effectiveness or otherwise of the current regulation of commercial associations to deal with major problems in corporate law and those of partnership and agency law;
- identify and critically analyse, synthesise, and consolidate a persuasive and coherent legal argument that applies principles of the law of commercial associations, especially corporate governance rules, to complex fact situations and identify remedies available for their enforcement; and also develop and present skilled analysis of the advantages and disadvantages of business structure choices;
- demonstrate a well-developed ability to act independently to present a clear and coherent exposition of the relevant knowledge that evidences legal research, legal reasoning and professional judgment to legal issues relating to the law of commercial associations; and
- understand the application of data protection and privacy regulations when collecting, generating, storing, accessing, using or sharing data and information.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Title | Must Complete | Weight | Offerings | Assessment Notes |
---|---|---|---|---|
Assignment 1 | Yes | 40% | All offerings | Written assignment. No. Words: 3000 |
Open Book Examination | Yes | 60% | All offerings | No. Words: 2000 |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
CORP821
ISBN: 9780001550797
LexisNexis 2024
Text refers to: All offerings
See Note
Text refers to: All offerings
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