Preview

Corporate Law Exam Questions

Powerful Essays
Open Document
Open Document
11596 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Corporate Law Exam Questions
THE UNIVERSITY OF MELBOURNE MELBOURNE LAW SCHOOL

CORPORATE LAW BLAW20001 2013

Subject Coordinator:
Associate Professor Helen Anderson

|A. WELCOME TO CORPORATE LAW |
|B. INTRODUCTORY MATTERS |
|C. LECTURE OUTLINE, READING GUIDE and TUTORIAL PROGRAM |
|D. SKILLS ASSIGNMENT |
|E. EXAMINATION |

Copies of copyright matter in this compilation of course material have been made in accordance with the Copyright Act 1968 (Cth) for the teaching purposes of the University. FOR USE ONLY BY STUDENTS OF THE UNIVERSITY OF MELBOURNE ENROLLED IN CORPORATE LAW
Revised November, 2012
A. WELCOME

Welcome to Corporate Law, a subject that looks at the way companies are regulated. You will have previously studied Principles of Business Law, in which you investigated the legal environment of business. In this subject, we look specifically at the legal environment of companies. This subject is a survey of the law governing the formation, regulation, and termination of companies. It analyses the internal controls on company management and their effects upon outsiders, regulation of the raising of capital and the securities markets.

Why Study Corporate Law?

You may be studying this subject for a number of reasons. First, many of you will be studying corporate law as part of the prerequisites of the Institute of Chartered Accountants or the Australian Society of Certified Public Accountants. Others will be studying the subject to obtain a broad understanding of the regulation of companies, or to get a taste of studying law before deciding to take a JD. Whatever your reason, corporate law is an interesting and engaging subject that expands your knowledge of the world. During this



References: R P Austin and I M Ramsay, Ford’s Principles of Corporations Law, 15th edition, 2012, LexisNexis Butterworths P Lipton and A Herzberg, Understanding Company Law, 16th edition, 2012, Law Book Company E Boros and J Duns, Corporate Law, 2nd edition, 2010, Oxford University Press C. LECTURE OUTLINE, READING GUIDE and

You May Also Find These Documents Helpful

  • Better Essays

    Corporate Tax Act400

    • 2641 Words
    • 11 Pages

    References: Hoffman, W., Raabe, W., Smith, J., & Maloney, D. (2011). Corporations: introduction and operating rules. Corporations, partnerships, estates & trusts. Mason, OH: South-Western Cengage Learning.…

    • 2641 Words
    • 11 Pages
    Better Essays
  • Better Essays

    1. Consideration consists of mutual exchange of gains and losses between contracting parties. In the exchange, a gain by the offer is at the same time a loss to the offeror. The legal term used to designate the gain that each party experiences is that party 's legal benefit. Consideration has three characteristics 1) The agreement must involve a bargained-for exchange; 2)the contract must involve adequate consideration; and 3) the benefits and detriments promised must themselves be legal.…

    • 1019 Words
    • 5 Pages
    Better Essays
  • Good Essays

    References: Melvin, S. P. (2011). The legal environment of business A managerial approach [University of Phoenix Custom Edition eBook]. New York, NY: McGraw-Hill/Irwin. Retrieved from University Of Phoenix, LAW421-Contemporary Business Law website.…

    • 783 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Business Law Test

    • 4856 Words
    • 20 Pages

    A. It sets forth the procedure Congress must follow in order to create a new administrative agency or…

    • 4856 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Business Law Quiz

    • 1026 Words
    • 5 Pages

    2. A long arm statute permits a court to obtain jurisdiction over an out-of-state defendant.…

    • 1026 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Business Law Quiz

    • 26730 Words
    • 107 Pages

    | Many areas of law important to businesses are governed by the Uniform Commercial Code.…

    • 26730 Words
    • 107 Pages
    Satisfactory Essays
  • Good Essays

    In this Article the subject addressed is the New Corp Legal Scenarios describing three legal encounters involving the organization. In the scenarios management expects substantive answers, not simply recommendations to refer matters to an attorney. The majority of businesses in the United States do not have counsel on staff, and management does not want to spend money obtaining advice until after an assessment has been provided. Each scenario will need to have New Corp liabilities identified. Legal principals such as case and statutory law supporting the assessments need to be provided. In addition, identification of specific regulatory compliance issues, how those issues should be addressed, and how New Corp must manage the legal risks will be cover for each scenario.…

    • 1518 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Law Test Questions

    • 5406 Words
    • 25 Pages

    Tanisha is suing Fred, seeking money damages for the destruction that Fred caused to her lawn by continually driving across it with his pickup. Tanisha wants to have her attorney sit down with Fred in a conference room and ask him questions in person, so as to gather evidence, with a person representing the court present who will type down all that is said. What type of discovery is Tanisha seeking here?…

    • 5406 Words
    • 25 Pages
    Powerful Essays
  • Good Essays

    Melvin, S.P. (2011). The Legal Environment of Business:A Managerial Approach [University of Phoenix Custom Edition eBook]. New York , NY: McGraw-Hill/Irwin. Retrieved from University of Phoenix, LAW421-COntemporary Business Law website…

    • 851 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Tort- Types of cases that involve some kind of harm and/or injury between the plaintiff and the defendant when no contract exists.…

    • 1265 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Business Law Quiz

    • 1491 Words
    • 6 Pages

    | Incorrect. Substantive due process focuses on the content (substance) of a law under the Fifth and Fourteenth Amendments. Depending on which rights a law regulates, it must either promote a compelling or overriding government interest or be rationally related to a legitimate governmental end.…

    • 1491 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Insolvent Trading

    • 4434 Words
    • 18 Pages

    This research report documents the findings of an empirical study of judicial findings (of superior courts) relating to the duty to prevent insolvent trading. The duty to prevent insolvent trading is the most controversial of the duties imposed upon company directors.…

    • 4434 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Civil and Criminal Law

    • 679 Words
    • 3 Pages

    References: Radcliffe, M., & Brinson, D. (1999). Copyright Law. Retrieved on November 10, 2008, from http://library.findlaw.com/1999/Jan/1/241476.html…

    • 679 Words
    • 3 Pages
    Good Essays
  • Good Essays

    101. Introduction to Law and Legal Process. (C) Staff. This course presents law as an evolving social institution, with special emphasis on the legal regulation of business. It considers basic concepts of law and legal process, in the U.S. and other legal systems, and introduces the fundamentals of rigorous legal analysis. An in-depth examination of contract law is included. 202. (LGST802) Law of Corporate Management and Finance. (C) Constan, Orts. This course provides an introduction to the law of corporate management and finance, focusing on large publicly held corporations. It is presented from the perspective that before too long virtually all students will serve on one or more corporate boards of directors and that each should, therefore, know about the duties owed by directors and officers to those toward whom they bear a fiduciary duty. The course covers the basic obligations of corporate directors and managers under state corporate law and the federal securities laws. It also considers the rights and responsibilites of other major stake holders in the governance of public corporations, including shareholders, creditors/bondholders, employees (including corporate executives), investment bankers, corporate lawyers, and accountants. Particular attention is given to the law of mergers and acquisitions. Important issues of social policy concerning large business corporations are also discussed. 204. (LGST804, REAL204, REAL804) Real Estate Law. (C) Phillips. This course examines the fundamentals of real estate financing and development from a legal perspective. The course serves as a foundation course for real estate majors and provides an introduction to real estate for other students. It attempts to develop skills in using legal concepts in a real estate transactional setting. The course will be of interest to students contemplating careers in accounting, real estate development, real estate finance, city planning,…

    • 4204 Words
    • 17 Pages
    Good Essays
  • Good Essays

    In this report I will be reflecting on the group’s oral presentation a on a topic in Business law, “What is ADR (Alternative Dispute Resolution) and How Does in Improve Access to Justice”. First I will give a brief outline of ADR, the I will look at the effort we made by the group towards the oral presentation including the group’s strengths and weaknesses. I will look at the strengths and weaknesses of the presentation. I will also write about what learnt from this exercise and lastly I will have a brief conclusion…

    • 1544 Words
    • 7 Pages
    Good Essays