“The LAW5500 essay assignment 01 2014 topic is as follows:
“The proprietary limited company is certainly the most numerous and arguably the most important form of corporate business organisation in Australia.”
After reflecting on the above statement, please discuss the key features, principles, rules and legal and business issues relating to the proprietary limited company as a form of corporate business organisation in Australia. The matters for discussion in this essay should not extend beyond the parameters listed in the LAW5500 Unit Plan for the preparation of this essay (see under the heading “Preparation and Resources for Assignment” in the Unit Plan which states that “before starting this assignment you should already have read and be familiar with the lecture material and readings up to and including Lecture 5, and have tackled the questions in the tutorials to at least Tutorial 5”).
As this essay requires an analytical approach, you should extend your discussion beyond a mere descriptive posture. Whilst a good descriptive coverage of the relevant matters relating to proprietary limited companies noted above is certainly expected, in terms of the analytical component of your essay you are required to focus on a significant aspect or issue of the proprietary limited company as a form of incorporated company and to critically analyse that aspect or issue thus chosen by you. In any event, you need to place your analytical component in the overall context of the assertions which begin this essay topic, namely that “[t]he proprietary limited company is certainly the most numerous and arguably the most important form of corporate business organisation in Australia”.
Wherever possible, you should use Corporations Act section numbers and case authorities to support your discussions and arguments, and if possible illustrate with examples of contemporary cases before the courts. You should use a range of secondary authorities (books and articles), consistent in number and quality with a post graduate level university essay, and duly acknowledged with proper referencing to support your assertions and arguments. When constructing your essay, reference must be made to the requirements listed in the Unit Plan for this assignment, and you should use the relevant format template provided on Blackboard in due course.”
Preparation and Resources for Assignment
Before starting this assignment you should already have read and be familiar with the lecture material and readings up to and including Lecture 5, and have tackled the questions in the tutorials to at least Tutorial 5.
In preparing for and completing this assignment, students should use the relevant material available in their lecture notes for the unit. Further, material available in university libraries and quality publications available electronically must also be consulted and used where appropriate. The essay assignment should be solidly supported with statements of relevant statutory and case law principles, and a quantity and quality of secondary authorities (texts, journal articles and so on) which are consistent with a post graduate level university essay, which for this unit means no less than 30 quality academic law reference sources. For the purposes of this unit, the term ‘quality academic law reference’ is defined as a law related text book or law related journal article.