LA3106 - Company and Partnership Law
Credit points: |
3 |
Year: |
2011 |
Student Contribution Band: |
Band
3
|
Administered by: |
School of Law Office |
This subject provides students with the knowledge of partnership and corporations
law that is required for admission to practice as a legal practioner in Australia.
Coverage includes the nature and existence of partnerships; partners' duties; partnership
property; relations with outsiders; assignment, retirement, expulsion and dissolution;
and limited partnerships. It also provides detailed treatment of the types and formation
of corporations; the concept of separate legal entity; share capital and membership;
lifting of the corporate veil; basic principles of debt and equity finance (securing
debt and raising capital); replaceable rules, corporate constitution and the statutory
contract; altering the corporate constitution; powers of the board and the general
meeting; meetings and statutory validation; directors' duties; capital maintenance
and insolvent trading; members' remedies; corporate authority and the indoor management
rule; voluntary administration, receivership and liquidations.
Learning Outcomes
- describe the formation and operation of partnerships and companies (including limited
partnerships);
- describe the rights, duties and liabilities of partners and those who deal with them;
- describe corporate membership, the process for raising capital, capital maintenance,
insolvent trading, voluntary administration, receivership and liquidation;
- describe the relationship between the general meeting, the board and corporate management
(including director's duties and member's remedies);
- describe the significance of separate legal entity, authority, the indoor mangement
rule and situations in which the corporate veil may be lifted.
Graduate Qualities
- The ability to adapt knowledge to new situations;
- The ability to define and to solve problems in at least one discipline area;
- The ability to think critically, to analyse and evaluate claims, evidence and arguments,
and to reason and deploy evidence clearly and logically;
- The ability to deploy critically evaluated information to practical ends;
- The ability to select and organise information and to communicate it accurately, cogently,
coherently, creatively and ethically;
- The acquisition of coherent and disciplined sets of skills, knowledge, values and
professional ethics from at least one discipline area;
- The ability to reflect on and evaluate learning, and to learn independently in a self
directed manner;
- The ability to read complex and demanding texts accurately, critically and insightfully;
- The ability to speak and write clearly, coherently and creatively;
- The ability to work individually and independently.
Prerequisites: |
(LA1105 or LA2011) and (LA1106 or LA2012) |
Inadmissible Subject Combinations:
|
LA3015 and LA3016 and LA3002 |
Availabilities
|
Townsville,
Internal,
Study Period 1
|
Census Date 24-Mar-2011 |
Coordinator: |
<Person not found> |
Lecturers:
|
Professor Stephen Graw, Assoc. Professor Thomas Middleton. |
Workload expectations: |
- 26 hours lectures
- 12 hours tutorials
|
Assessment: |
end of semester exam (60%); (% - 40%); on-course assessment will be worth 40% of final marks and may consist of any or a
combination of the following: assignment; class test; tutorial participation (% - 40%).
|
|
|
Cairns,
Internal,
Study Period 1
|
Census Date 24-Mar-2011 |
Coord/Lect: |
<Person not found>. |
Workload expectations: |
- 26 hours lectures
- 12 hours tutorials
|
Assessment: |
end of semester exam (60%); (% - 40%); on-course assessment will be worth 40% of final marks and may consist of any or a
combination of the following: assignment; class test; tutorial participation (% - 40%).
|
|
|
Note:
Minor variations might occur due to the continuous Subject quality improvement process,
and in case
of minor variation(s) in assessment details, the Subject Outline represents the latest
official information.