Highlights
Learning Outcomes
1. Identify the risks of liability arising from diverse sources for both the company and its officers and, in particular, define directors’ duties and the consequences of breaching those duties;
2. Describe the financing of companies by debt and equity, the rules and restrictions in place to protect creditors and shareholders as well as the rules regulating fundraising;
3. Use skills, including analytical and deductive reasoning, in applying the above knowledge, rules and principles of corporations law to factual situations which could arise in practice, in order to solve a problem perceptively and creatively or to have sufficient understanding of the legal issues to know what questions to ask when referring the matter for legal advice.
Task Description
Students will be presented with case studies on directors' and officers' duties incorporating legal issues taken from Modules 3 and 4.
Students are required to answer all questions on each of the case studies and submit their written responses on Blackboard.
Assessment of answers
The following factors will have an impact on the assessment of answers to the assignment questions (please refer to the assessment rubric on Blackboard for detail):
1. Knowledge, content and application
• demonstration of knowledge of the relevant course material
• correct application of course concepts and the law
• conclusions to be based on legal reasoning
• relevance to the questions
• evidence of critical thinking and analysis
• appropriate use of authority (case law and legislation) to support analysis and conclusions
• completeness / comprehensiveness of the answer
2. Expression
• logic and clarity of expression
• use of academic and professional conventions (e.g., correct use oflegal terminology, appropriate referencing according to the AGLC)
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