Students

ACCG6014 – Business and Company Law

2022 – Session 2, Online-scheduled-weekday

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff
Bob Kramer
bob.kramer@mq.edu.au
Rahat Munir
rahat.munir@mq.edu.au
Credit points Credit points
10
Prerequisites Prerequisites
Admission to MAccg or MAccLead or MProfAcc or MProfAccgLead
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit introduces students to the Australian legal system, relevant commercial legal principles, and corporate law and regulation. At the beginning of the unit students will identify core aspects of rights and liabilities, and the characteristics of business organisations generally. Thereafter, the unit focuses on Australian company law. Students develop an understanding of the nature and function of a company and will analyse important issues concerning the duties of directors, shareholder rights, takeovers and share market regulation, and corporate insolvency. Classes will include consideration of relevant legal issues, case law, and important sections of the Corporations Act. Completing this unit will equip students with relevant insights into the regulation of the commercial environment and the ability to critically assess and appraise the rights and obligations arising in the formation, management and functioning of a company.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Describe the nature of the Australian commercial legal environment and recognise and evaluate the principles of the law of contract and tort
  • ULO2: Identify and evaluate corporate characteristics including articulating and critically analysing the role and obligations of directors
  • ULO3: Appraise and evaluate how shareholders rights are protected and how the Corporations Act regulates acquisition and disposal of shares.
  • ULO4: Compare corporate mechanisms for dealing with insolvency and critically assess the nature of corporate insolvency in the current regulatory environment.
  • ULO5: Produce and deliver written and oral material suitable for the purposes of engaging and informing an academic audience

Assessment Tasks

Name Weighting Hurdle Due
Online Quiz 20% No 29/08/2022
Assignment 30% No 11/10/2022
Online Final Exam 50% No Finals weeks

Online Quiz

Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 15 hours
Due: 29/08/2022
Weighting: 20%

 

The online quiz will be held in the first half of the session. The duration and details of the quiz will be advised in the week prior to the quiz. The quiz may be either multiple-choice questions, true/false questions, short answer style questions, or a combination thereof.

 
On successful completion you will be able to:
  • Describe the nature of the Australian commercial legal environment and recognise and evaluate the principles of the law of contract and tort
  • Identify and evaluate corporate characteristics including articulating and critically analysing the role and obligations of directors

Assignment

Assessment Type 1: Essay
Indicative Time on Task 2: 28 hours
Due: 11/10/2022
Weighting: 30%

 

Students will be assigned a topic/question and be required to submit a written response. Maximum length 1,200 words excluding references. The submission must be clear and concise, make reference to relevant law, show evidence of research and address the issues central to the topic/task.

 
On successful completion you will be able to:
  • Describe the nature of the Australian commercial legal environment and recognise and evaluate the principles of the law of contract and tort
  • Identify and evaluate corporate characteristics including articulating and critically analysing the role and obligations of directors
  • Appraise and evaluate how shareholders rights are protected and how the Corporations Act regulates acquisition and disposal of shares.
  • Compare corporate mechanisms for dealing with insolvency and critically assess the nature of corporate insolvency in the current regulatory environment.
  • Produce and deliver written and oral material suitable for the purposes of engaging and informing an academic audience

Online Final Exam

Assessment Type 1: Examination
Indicative Time on Task 2: 40 hours
Due: Finals weeks
Weighting: 50%

 

A two-hour open book exam will be held during the University Examination Period.

 
On successful completion you will be able to:
  • Describe the nature of the Australian commercial legal environment and recognise and evaluate the principles of the law of contract and tort
  • Identify and evaluate corporate characteristics including articulating and critically analysing the role and obligations of directors
  • Appraise and evaluate how shareholders rights are protected and how the Corporations Act regulates acquisition and disposal of shares.
  • Compare corporate mechanisms for dealing with insolvency and critically assess the nature of corporate insolvency in the current regulatory environment.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results

Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au

Academic Integrity

At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.

The Library provides online and face to face support to help you find and use relevant information resources. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via AskMQ, or contact Service Connect.

IT Help

For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/. 

When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.

Unit information based on version 2022.04 of the Handbook