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Online Courses Professional Development Business Skills Business Law: Companies, Trusts and Corporate Governance

Business Law: Companies, Trusts and Corporate Governance

Created by: Sentinel | 9
5.0 1,394 views Prime
Last Updated 05/2021
English
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What you'll learn

Critically apply the laws relating to: Companies & Trusts (Private & Listed); Joint Ventures, Licensing & Agency; Non-Profit Organisations (and NGOs); Corporate Governance; and Business Ethics & Compliance.
Demonstrate the capacity to apply legal reasoning and research to generate appropriate responses to legal problems in the corporate governance

Skills covered in this course

4.4 Business Law 4 - Companies & Trusts / Corporate Governance

Overview

FAQs

Description

Description: This course examines essential elements of corporations law including, the concept of separate legal entity, company formation and operation as well as corporate governance.


Background: Unlike partnerships, corporations are created by statute. The Corporations Act 2001 sets out the various types of companies that are allowed and the method by which a company is brought into existence. On formation, the company becomes a separate legal entity. One important document which is an essential part of this process is the company constitution: previously called the memorandum and articles of association. The people who create the company are known as its promoters. If they do not carry out their tasks in accordance with the common law and the statute they will be liable to the company for breach of their fiduciary duties.

A company comes into existence on registration: the separate legal entity principle
A company registered under the Corporations Act:
• is a separate legal entity distinct from its members
• continues to exist until it is deregistered (sometimes referred to as perpetual succession)
• is capable of suing and being sued
• has the legal capacity and powers of an individual
• has all the powers of a body corporate
In some circumstances, the court will look beyond the corporate entity to the persons or group actually controlling the company.

Corporation And Company:
Corporation is a general term comprising any body corporate and certain unincorporated bodies.
Body is defined (s9) as a body corporate or unincorporated body and includes, for example, a society or association.

A ‘company’ is a company registered under the Act (and includes certain other bodies.
Before a promoter sets about forming a company they must be aware of the particular type of company best suited to their needs. The Act provides for a number of different types of companies. In your reading you should identify these, noting their uses.

Author

Sentinel | 9

90 Courses

Sentinel | 9 specializes in Business Education and Professional Development for managers and executives. Their catalog includes courses in Business Strategy, Marketing, Finance, and Digital Transformation. Each program blends academic knowledge with workplace application, making them ideal for corporate learners. Sentinel | 9 helps organizations strengthen management capabilities while supporting ongoing employee development. Their concise, modular training aligns with the needs of today’s business environment.

Frequently Asked Questions

This course is designed for employees who need to complete Business Law: Companies, Trusts and Corporate Governance training

Yes. Refund requests can be submitted within 30 days of purchase.

Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.

The course takes approximately 60 minutes to complete and can be paused and resumed at any time.

No. This course does not include a certificate of completion.

Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.

Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).

Yes. The course is fully self-paced and available 24/7.

Yes. This course includes a knowledge check to reinforce learning and verify completion.

Learners have lifetime access from the date of purchase.

Yes. A preview is available so you can review the course format and content before purchasing.

Yes. Content is reviewed and updated as regulations and best practices change.

Yes. This course is available for free with an active Prime Subscription.