LSSU391 Principles of Corporation Law

Updated: 21 March 2019
Credit Points 6
Location Teaching Period Mode of Study
Armidale Trimester 2 Online
Armidale Trimester 2 On Campus
Intensive School(s) None
Supervised Exam There is a supervised exam at the end of the teaching period in which you are enrolled. The exam will either be paper-based and offered at an established exam venue or online with supervision via webcam and screen sharing technology. Coordinated by UNE Exams Unit.
Pre-requisites LS251 or LSSU251
Co-requisites None
Restrictions GSB749 or LS351 or LS291 or LS391 or LSSU591

Legal Studies unit available to all students, other than Law students, subject to degree rules

Combined Units None
Coordinator(s) Same Varayudej (
Unit Description

This unit is available to non-law students only. The unit introduces students to the legal principles applicable to commercial associations with an emphasis on corporations. The topics covered include: sole traders, partnerships and the law of agency; trusts (discretionary, unit, and hybrid); joint ventures; superannuation entities; the function and structure of companies; 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.

Important Information

Where calculators are permitted in examinations, it must be selected from an approved list, which can be accessed from the Further Information link below.

Further information

Materials Textbook information will be displayed approximately 8 weeks prior to the commencement of the teaching period. Please note that textbook requirements may vary from one teaching period to the next.
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment Assessment information will be published prior to commencement of the teaching period.
Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. demonstrate a broad and coherent understanding of the regulatory framework; the theoretical principles; and the sources of law (statutes and case law) of corporations in Australia;
  2. use cognitive and creative skills to exercise critical thinking and judgement to identify issues; evaluate the relevant legislation and case law; and apply the appropriate principles of corporations law to provide a solution to factual problems; and
  3. demonstrate an ability to employ the skills of legal research techniques, reasoning and argument to coherently communicate independent opinions on legal issues relevant to corporations law.