MLC203 - Corporations Law

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 1: Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Paulina Fishman
Cohort rule:

Not available for students enrolled in Bachelor of Laws (including combined Law awards)

Prerequisite:

MLC101

Corequisite:Nil
Incompatible with:

MLP331 (previously MLL331)

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour on-campus lecture (recordings provided) and 1 x 1 hour on-campus seminar (recordings provided) each week

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 2 hour online lecture (recordings provided) and 1 x 1 hour online seminar (recordings provided) each week

Content

Topics covered in this unit include: the origins of our corporate law; corporate personality; other forms of business organisation; incorporation of companies; promoters and corporate fundraising; directors and their duties; membership; meetings; minority rights; share and loan capital and corporate insolvency; and winding up.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes

ULO1

Analyse the nature of various business structures, their benefits, and shortcomings and critically evaluate relevant legal principles relating to corporations and other business structures.

GLO1: Discipline specific knowledge capabilities
GLO4: Critical thinking

ULO2

Interpret the contents of a company constitution and determine how and when the Replaceable Rules may be in use in place of the company constitution.

GLO1: Discipline specific knowledge capabilities
GLO5: Problem solving 

ULO3

Interpret and apply relevant laws to ascertain the duties that directors and other officers are subject to, and to describe how shareholders can exercise their rights and obtain appropriate remedies. 

GLO1: Discipline specific knowledge capabilities
GLO5: Problem solving 

ULO4

Explain the different types of corporate insolvency, administration and winding up and apply the law for the resolution of competing claims of creditors on company assets.

GLO1: Discipline specific knowledge capabilities
GLO5: Problem solving 

ULO5

Critically evaluate the processes by which companies can raise funds.

GLO1: Discipline specific knowledge capabilities
GLO4: Critical thinking

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1 (Individual) Report (Research) 2000 words 40% Week 5
End-of-unit assessment task: Written 2000 words 60% End-of-unit assessment period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MLC203 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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