Assessment Brief: BUS3004 Corporations Law T1 2022 Assessment Overview Assessment Task Type Weight...

Question

Assessment Brief: BUS3004 Corporations Law T1 2022
Assessment Overview
Assessment Task
Type Weight Length Due ULOs
Assessed
Assessment 1: Essay
An essay on contemporary issues of
corporation law.
Individual

30% 2500 words
Week
6
ULO1,
ULO2,
&
ULO3
Assessment 2: Debate
Student will be required to prepare a
debate presentation based upon the
topic provided by the lecturer on that
day just before the 10 minutes to start
the debate. Presentations might
include either support the resolution
or against the resolution.
Individual

Invigilated
20% 15 minutes
presentation
(equiv. 1500
words)
Week
10
ULO1,
ULO2,
ULO3,
ULO4,
&
ULO5
Assessment 3: Report
Student will be required to submit a
eport based on the debate.
Individual
10% 300 words
eport
Week
10
ULO1,
ULO2,
ULO3,
ULO4,
&
ULO5
Assessment 4: Written exam
Students must sit for exam for this
assessment. There will be some
scenario based problem-solving
questions which the students need to
answer with relevant rules and
egulations of the Corporation Act
2001.
Individual

Invigilated
40% Two Hours
(equiv. 2000
words)
Week
12
ULO1,
ULO2,
ULO3,
ULO4,
&
ULO5
equiv. – equivalent word count based on the Assessment Load Equivalence Guide. It means this assessment is
equivalent to the normally expected time requirement for a written submission containing the specified
number of words.

Assessment 1: Essay
Due date: Week 6
Group/individual: Individual
Word count/Time provided: 2500 words
Weighting: 30%
Unit Learning Outcomes: ULO1, ULO2& ULO3
Assessment 1 Detail
This is an individual task, and student must complete the task individually. The Topic will be given in
week 3 which is like a real-life case which a company may face. Based on multiple legal issues which
the company is facing, students must prepare the essay including introduction, body paragraphs,
ecommendations, conclusions, and references.
Instructions
Assessment 1 Marking Criteria and Ru
ic
The assessment will be marked out of 100 and will be weighted 30% of the total unit mark. The
marking criteria and ru
ic are shown on the following page.
Assessment 1 Marking Criteria and Ru
ic
Marking
Criteria
Not
Satisfactory
(0-49% of the
criterion
mark)
Satisfactory
(50-64% of the
criterion mark)
Good
(65-74% of
the criterion
mark)
Very Good
(75-84% of
the criterion
mark)
Excellent
(85-100% of
the criterion
mark)
Identifying
the issues
and
understandin
g the
elevant
Corporation
laws and
principles to
the topic
(20 Marks)
Most of the
issues and the
applicable
laws are
inaccurately
identified
Some of the
issues and
applicable laws
are identified
with some
inaccuracy.
Issues and
elevant laws
are identified
with few
inaccuracy
Most of the
issues and
elevant laws
are
accurately
identified.
All the
elevant
issues and
the
applicable
laws and
principles are
accurately
identified
Application
of the
corporations’
law
The
Corporations
laws and
principles are
applied
Some relevant
laws and
principles are
applied to
solve the legal
Most relevant
laws and
principles are
accurately
applied to
The most
elevant laws
and
principles are
accurately
The most
elevant laws
and
principles are
accurately

principles
(based on the
Corporations
Act and
Case law) to
solve the
legal issues of
the given
topic.
(40 Marks)
inaccurately.
The
justifications
lack both
elevancy and
quality.
issues. Some
of the
application
lack accuracy.
Some of the
justifications
lack quality.
solve the legal
issues in the
question.
Some
justification s
lacks quality.
applied to
solve the
legal issues
of the topic.
Mostly
quality
justifications
are included.
applied to
solve the
legal issues
of the topic.
Quality
justifications
are included.
Use the
elevant
esources
and literature
eview to
support the
issues (20
Marks)
The resources
and the
literature
eview used to
support the
answers are
i
elevant.
Relevant
literature
esources are
used to
support the
answers. Some
esources lack
quality and
elevancy
Partially
quality and
elevant
literature
esources are
used to
support the
answers
Good quality
and most
elevant
literature
esources are
used to
support the
answers
High quality
and most
elevant
literature
esources are
used to
support the
answers
Harvard
eferencing
style and
citation of
eferences in
the body of
the report.
(10 mark)
Few sources
acknowledged
and proper
citation mostly
not applied.
At least half of
the sources are
acknowledged
d and proper
citation
complied.
Sources are
easonably
acknowledge
d, and proper
citation
mostly
complied.
Most sources
acknowledge
d and proper
citation
applied.
All sources
acknowledge
d and proper
citation
applied.
Structure,
grammar,
and
presentation
(10 mark)
Poorly
understandabl
e structure
and format,
many e
ors in
language
Understandabl
e structure and
format, some
e
ors in
language.
Reasonably
appropriate
structure and
format, some
e
ors in
language
Most
complete
structure and
appropriate
format, few
e
ors in
language.
Complete
structure,
appropriate
format, and
almost no
e
ors in
language
Assessment 2: Debate
Due date: Week 10
Group/individual: Individual
Word count/Time provided: 15 minutes presentation (equiv. 1500 words)
Weighting: 20%
Unit Learning Outcomes: ULO1, ULO2, ULO3, ULO4 & ULO5
Assessment 2 Detail

This assessment is designed to assess students’ technical skills in designing and communicating a
usiness analysis effectively. Students will be required to prepare themselves from a list of debate
topics (list provided in week 8). Out of those lists, one of debate topics will be provided to a student
y the Lecturer just before the 10 minutes to start that debate. After the presentation, the students
will also answer the questions and identify and suggest solution to the areas of conflicts. It is strongly
ecommended to review SLS learning Enhancement Section in APIC Canvas. The link of Business Report
Guideline was provided in the assessment section of this subject in the Canvas. Each student will be
given the opportunity to discuss the debate topics among the small group of participants during the
weekly in class activities and identified points for final debate presentations.

Assessments 2 Marking Criteria and Ru
ic
The assessment will be marked out of 100 and will be weighted 20% of the total unit mark. The
marking criteria and ru
ic are shown on the following page.
Assessment 2 Marking Criteria and Ru
ic
Marking
Criteria
Not Satisfactory
(0-49% of the
criterion mark)
Satisfactory
(50-64% of
the criterion
mark)
Very Good
(75-84% of
the criterion
mark)
Excellent
(85-100% of
the criterion
mark)

Organizati
on and
Clarity:
(20%) How
viewpoints
and
esponses
are
outlined
Lacks structure
and
organisation of
viewpoints and
esponses
Presents
viewpoints
and
esponses
clearly only in
some parts
ut not
overall.
Presents
viewpoints
and
esponses
clearly in
most parts.
Presents
viewpoints
and
esponses
clearly and
orderly
throughout
the debate.
Presents
viewpoints
and
esponses
exceptionally
clearly,
orderly, and
creatively
throughout
the debate
Use of
Arguments
: (20%)
How
easons
are given
to support
viewpoint
No relevant
easons given
Only a few
elevant
easons are
given to
support
viewpoints.
Many
elevant
easons are
given to
support
viewpoints.
Viewpoints
are mostly
supported by
easonable
evidence and
arguments.
All viewpoints
are well
supported by
easonable
evidence and
arguments.
Use of
Examples
and Facts:
(10%) How
examples
and facts
are given
No relevant
supporting
examples/facts
given
Only a few
elevant
examples/fac
ts are used to
support
easons.
Many
elevant
examples/fac
ts are used to
support
easons.
Examples/
facts used to
support
easons are
mostly
elevant.
All reasons
are well
supported by
elevant
examples/fac
ts.

to support
easons
Use of
Rebuttal:
(30%) How
arguments
made by
the other
teams are
esponded
to and
dealt with,
the ability
to
convince.
No effective
counterargume
nts made
Can respond
to only a few
arguments by
the other
teams
effectively.
Can respond
to many
arguments by
the other
teams
effectively.
Most
arguments
made by
other teams
are
esponded to
effectively
and
convincingly.
All arguments
made by
other teams
are
esponded to
effectively,
convincingly,
and
creatively.
Presentati
on Style:
(20%) The
tone of
voice, use
of gestures
and
enthusias
m
Lacks
communication
skills such as
ody language,
eye contact and
audience
engagement.
No visual aids.
Shows
limited
communicati
on

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Tanmoy · Accepted Answer

OVERVIEW AND HISTORY OF AUSTRALIAN CORPORATION LAW
Table of Contents
Introduction	3
Analysis	3
Conclusion	8
References	9
Introduction
The Australian Corporation Act was borrowed from the company law of the United Kingdom. The legal structure of the Australian Corporation Act is a single and national statute and is administered by the single national regulatory authority and the Australian Securities and Investment Corporation (ASIC). Two corporate forms are permissible to operate in Australia. These are the public and private both of which have limited liability. 
According to the Australian Corporation Law, there is a vital difference between a corporation as well as other business entities. This variance is that this law treats a company as a distinct or separate legal person. Further, as per the Australian Corporation Law, 2001 a corporation includes a company, a body corporate, specific unincorporated entities but it excludes sole entities and public authorities which are exempt according to this act. Thus, the Corporation Law in Australia is structured for creating business entities in Australia. This is the principal legislation that helps to regulate the companies in Australia. It also controls and monitors the formation and operation of the corporations, the duties of all the officers, takeovers as well as the income generated from fundraising. Finally, the Corporation Act, 2001 acts as a whistle-blower by protecting the investors along with monitoring the liabilities of the board of directors, the senior managers of the companies and regulates as well as collects the penalties concerning the breaches. 
Analysis
The present Corporation Act in Australia is Corporation Act, 2001, and was commenced on the day fixed by proclamation. It was in the year 1901, it was due to a coalition of all the states of Australia the Constitution of Australia delivered restricted power to the companies in the parliament of Australia. There is residual power of each state in Australia if such power is not mentioned in the Corporation Act. Further, the power which is granted by the Australian parliament to the Commonwealth are as follows:
(i) The parliament has the right to impose peace, order, and good governance for 51(i) trade and commerce with other countries and other states 
(ii) 51 (xx) there will be foreign corporations along with trading which is formed within the parameters of Commonwealth. 
The Australian Corporation laws were closed due to certain developments made in the UK law. The reason was due to considerable variances discovered with the separate state legislature and the corporation legislation of each state. Further, due to this separate legislature between the states, the companies had to pay additional costs. Hence, it was in the year 1962 the states and the Commonwealth collaborated to form a uniform national company code in each jurisdiction. But this scheme did not provide any forms of uniformity and there were separate lines created concerning amendment of the legislation as well as changes in the government policies.
 This forced them to create a second cooperative scheme. This scheme was agreed in the year 1978 but was implemented in the year 1982. The defects recognised in the first scheme were rectified and were produced in this scheme. According to this scheme, it was stated that all the laws and changes made as well be applicable in each jurisdiction only when the Ministerial Council approves it. Hence, due to the second scheme, the National Companies and Securities Commission (NCSC) was formed which is now considered as the predecessor of the Australian Securities and Investment Commission. 
But there were still difficulties found while using the second cooperative scheme. These problems were mainly because the National Companies and Securities Commission wanted to delegate the administrative activities to the state commissions. But they were still retaining the control concerning the takeovers and there were issues related to the policies. As a result of which there were funding issues discovered along with inefficiency in the regulation of the companies. Similar kinds of difficulties were found in the case of New South Wales v Commonwealth. In this famous case law, it was found and held that the power of the Commonwealth is restricted to making laws for the corporations which supported trading but were not beneficial for the formation of the companies. 
Finally, it was during this time the Commonwealth took the entire responsibility for edifying the Corporation Law in Australia in the year 2001. It was in the year 2001 the new Corporation Act was created where the states referred their power concerning the corporations to the Commonwealth.
According to the Australian Corporation Act, 2001 a corporation is considered as a separate legal entity that is created by charter, legislation, and prescription. This Australian Corporation law recognises corporation sole. But as per the Australian statutory definition of companies, there are few areas where this type of corporation is excluded. Further, most of the Australian companies are incorporated by registration as per the Australian Securities and Investments Commission (ASIC). It is when a company goes for registration during which we can know if the company is proprietary or a public limited company. During this process,

Assessment Brief: BUS3004 Corporations Law T1 2022 Assessment Overview Assessment Task Type Weight Length Due ULOs Assessed Assessment 1: Essay An essay on contemporary issues of corporation law....

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