Business and Corporate Law (LAWS7023)

Principles, Sources, Australian Legal System

Teaching Week 1 Lecture: Starting in Teaching Week 1 and continuing through to Teaching Week 13, there will be a weekly lecture which all students must attend. Teaching Week 1 (TW1) will provide an overview of the course including how to do well in this course, the importance of summarising the subject material on a weekly basis and the workshop submissions. This lecture will look at aspects of the Australian legal system and principles and sources of the law - which will also relate to the non-assessable workshop question submission (which will be further discussed at length in the Teaching Week 1 and 2 workshops). Students must read the lecture material before attending the lecture, attend the lecture and take notes and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

Non-Assessable Workshop this Week (TW1)

There will be workshops occurring during certain weeks during the semester which all students must also attend. Workshops discuss the answers to assessable workshop problem submissions (AWS) and the course content. As an introduction to the course, this workshop in Teaching Week 1 will be non-assessable and will follow on from the TW1 lecture with a visual workshop on problem question technique in preparation for the Non-assessable IL&AC question which students must handwrite an IL&AC answer to in the non-assessable workshop in Teaching Week 2. Students must attend the workshop, take notes and summarise the workshop discussion this week.

Learning outcomes: L01, L02, L03, L04, L05

Contracts 1 - Formation and Terms

Teaching Week 2 Lecture: This lecture will look at the formation of contracts and the terms of contracts: Students are introduced to the requirements of a contract being offer, acceptance and consideration. The lecture delves into the agreement between the parties, their intention to create legal relations, the capacity of the parties and genuine consent. Students will examine what forms the terms of a contract and what does not. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

Non-Assessable Workshop This Week (TW2)

Non-Assessable Workshop Submission question released in the TW2 workshops. Students must attend the workshop, attempt the non-assessable workshop submission, take notes and summarise the workshop discussion this week.

Learning outcomes: L01, L02, L03, L04, L05

Contracts 1 and 2 - Formation, Terms and Enforcing

Teaching Week 3 Lecture: This lecture will continue with Contracts 1 and will examine further aspects of terms such as express terms, conditions and warranties, collateral contracts and disclaimers. Students will also begin Contracts 2 and examine when a contract is enforceable and when it is invalid and unenforceable, including vitiating factors such as mistake, undue influence, duress, misrepresentation, discharge and damages. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

Workshops This Week (TW3)

First Assessable Workshop Submission - Released in the TW3 workshops - Students to submit in the TW3 workshops. Students must attend the workshop, take notes and summarise the workshop discussion this week.

Learning outcomes: L01, L02, L03, L04, L05

Contracts 2 and the Australian Consumer Law

Teaching Week 4 Lecture: This lecture will finish Contracts 2 and will start examining the relationship between contracts and Australian Consumer law such as misleading and deceptive conduct, implied terms in consumer contracts and unfair terms. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

Workshops this Week (TW4)

Second Assessable Workshop Submission - Released in the TW4 workshops - Students to submit in the TW4 workshops. Students must attend the workshop, take notes and summarise the workshop discussion this week.

Learning outcomes: L01, L02, L03, L04, L05

The Australian Consumer Law

Teaching Week 5 Lecture: This lecture will finish the examination of the Australian Consumer Law.

Learning outcomes: L01, L02, L03, L04, L05

Workshops This Week (TW5)

Third Assessable Workshop Submission - Released in the TW5 workshops - Students to submit in the TW5 workshops. Students must attend the workshop, take notes and summarise the workshop discussion this week.

Learning outcomes: L01, L02, L03, L04, L05

Torts - Causing Harm

Teaching Week 6 Lecture: This lecture will examine the basic concepts of tort law including how it differs from contract law, negligence, duty of care, breach of duty of care and causation. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

Workshops This Week (TW6)

Fourth Assessable Workshop Submission - Released in the TW6 workshops - Students to submit in the TW6 workshops. Students must attend the workshop, take notes and summarise the workshop discussion this week.

Note: Next week is the UQ In-Semester Break - No UQ classes - Classes resume in Teaching Week 7.

Business Entitites, Corporate Finance and Disclosure

Teaching Week 7 Lecture: This lecture introduces different legal forms used to conduct business including sole traders, partnerships and companies. In respect of companies, the lecture delves into incorporation, the consequences of incorporation, creation of a separate legal entity, types and status of companies, share transfers and corporate finance. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

Workshops This Week (TW7)

Fifth Assessable Workshop Submission - Released in the TW7 workshops - Students to submit in the TW7 workshops. Students must attend the workshop, take notes and summarise the workshop discussion this week.

Corporate Governance and Corporate Contracting

Teaching Week 8 Lecture: This lecture will look at corporate governance including internal governance rules, the ASX code on Corporate Governance and examine the issue of corporate contracting. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

No Workshops This Week (TW8)

No workshops this week - this is to provide students with extra time to prepare for the 25% In-Semester Exam in Teaching Week 9.

Duties of Directors and Officers 1

Teaching Week 9 Lecture: This lecture will examine the role of directors, an overview of directors’ and officer's duties and the duty of care and diligence. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

No Workshops This Week (TW9)

No workshops this week - this is to provide students with extra time to prepare for the 25% In-Semester Exam in Teaching Week 9.

Duties of Directors and Officers 2

Teaching Week 10. This lecture will examine further duties such as the duty to act in good faith in the best interest of the corporation, the duty to act for a proper purpose, the duty to avoid conflicts of interest, breach of duty and remedies. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

No Workshops This Week (TW10)

No workshops this week - this is to provide students with extra time to prepare for the 50% Final Exam.

Record Keeping, Privacy and Data Protection

Teaching Week 11 Lecture: This lecture will examine recordkeeping requirements for companies and the regulatory environment in which accountants and auditors operate. This lecture will also look at data protection and privacy regulations when collecting, generating, storing, accessing, using or sharing data and information and the tort of breach of confidence. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

Workshops This Week (TW11)

Sixth Assessable Workshop Submission - Released in the TW11 workshops - Students to submit in the TW11 workshops. Students must attend the workshop, take notes and summarise the workshop discussion this week.

Learning outcomes: L01, L02, L03, L04, L05

Members Rights and Remedies and External Administration

Teaching Week 12 Lecture: This lecture delves into members’ rights, members’ decision-making powers and remedies and will also discuss external administration and winding up. Students must read the lecture material before attending the lecture, attend the lecture and take notes, then listen to the lecture recording and summarise the lecture and other teaching week material this week.

Learning outcomes: L01, L02, L03, L04, L05

Workshops This Week (TW12)

Seventh Assessable Workshop Submission - Released in the TW12 workshops - Students to submit in the TW12 workshops. Students must attend the workshop, take notes and summarise the workshop discussion this week.

Learning outcomes: L01, L02, L03, L04, L05

Final Exam Preparation

Discussion of any remaining lecture topics and the Final Exam. Non-Assessable Workshop Consultations to be held to discuss Practice Exam Questions - Consultation Times will be held at the same time and venues as the regular workshop times.

Learning outcomes: L01, L02, L03, L04, L05

Consultations

Non-Assessable Workshop Consultations to be held to discuss Practice Exam Questions. Consultation Times will be held at the same time and venues as the regular tutorial times. Students must attend, participate, take notes and summarise the discussion this week.

Learning outcomes: L01, L02, L03, L04, L05