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2014 LAW305 Corporations Law 1

Unit Level: Advanced

Available as a Student Elective: Yes

View timetable of lectures only for this unit.  View ALL timetable events for this unit.

SPECIAL NOTE: Compulsory unit. Semester 1 offering is restricted to students transferring onshore from KDU Malaysia in semester 2, 2013.


Unit Sem 1 Sem 2 Full Yr Spring Summer Winter
LAW305 H H

Key Semester Dates
Semester Campus Attendance Note Start Date Census Date Final WW Date* End Date
Sem 1 H On Campus 24-FEB-2014 23-MAR-2014 14-APR-2014 30-MAY-2014
Sem 2 H On Campus 14-JUL-2014 10-AUG-2014 01-SEP-2014 17-OCT-2014

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see Withdrawal dates explained for more information).

Unit census dates currently displaying for 2014 are indicative and subject to change. Finalised census dates for 2014 will be available from the 1st October 2013.

About Census Dates


The corporation has huge economic and legal significance. Given this significance, an understanding of the role of the corporation in society and its relationship to the community, shareholders, creditors, the regulator, and other stakeholders is critical. The unit outlines the various forms of business organisation: the sole trader, partnership, joint venture, association and corporation in order to gain: an understanding of the differences between each form of business organisation, their respective advantages and disadvantages, and the importance of the separate entity doctrine; an appreciation of the legislative and common law regime that governs each form of business; a broad understanding of the mechanics involved in the creation, management and dissolution of each type of entity as well as the methods of financing the corporation; and to serve as an introduction to commercial units. Specific topics analysed include business ethics; the origins of corporate law; the theoretical framework of the corporation; the separate entity doctrine; the formation, promotion and establishment of the corporate entity; corporate governance rules and policies - both domestically and internationally; the relationship between the board of directors and members, meeting procedure, directors' duties; accounting and auditing procedures, member remedies, corporate capacity, equity and debt finance, corporate reorganisation and receivership, schemes of arrangement, voluntary administration and winding up. In the discussion of each type of organisation, the concept and nature of that form are analysed and the legal problems that flow from the adoption of that structure are considered.

WEIGHT: 12.5%

ASSESSMENT: Tutorial Papers (30%); Final Examination (70%).

TEACHING PATTERN: 3x50-min lectures weekly, fortnightly tutorial. Arrangements for semester 1 restricted offering TBA.

Note: Class attendance may still be required

   Web supported - H
Online access to some part of this unit online is optional
About Flexible Study Options

Prereq Either LAW221, LAW222, LAW223, LAW224, LAW225, LAW226, LAW204 and LAW205 OR LAW250, LAW251, LAW252, LAW253, LAW254, LAW255, LAW256 and LAW204

Hobart Co-op Bookshop Website - Semester (Sem 1)
Hobart Co-op Bookshop Website - Semester (Sem 2)

STAFF: Mr L Griggs

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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.

Campus - H Hobart, L Launceston, W Burnie. Study Centre - V Sydney, R Rozelle, P Beauty Point. Distance units may also have a campus identifier of I Isolated, N Interstate, O Overseas. Units delivered in Transnational Education (TNE) Programs have a campus identifier of A Hangzhou, F Fuzhou, G Shanghai, K KDU Malaysia, Q Kuwait or Y Hong Kong.

Special approval is required for enrolment into TNE Program units - campuses A, F, G, K, Q and Y click here for more information.

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