Topics

1.Topic 1 - Salomon v A Salomon & Co Ltd[1897] AC 22

Task

Salomon v A Salomon & Co Ltdis a landmark company law decision of the House of Lords (UK) handed down on 16 November 1897.

After reviewing this case, please write a report responding to the following issues:

Facts

Explain the facts of the case in a clear, concise and interesting manner. The idea is to focus the reader's attention on the critical facts of the case.

Prior Law

Illustrate how, if at all, the case affected prior law.

Decision

Describe and critically analyse the reasoning and decision of the House of Lords.

Effect

Describe the effect that the decision in the case has had on the development of company law.

Referencing

Please also ensure that your report includes both references and a bibliography.

2.Topic 2 - Company Regulators in Australia

Task

The following bodies play a role in the regulation of companies in Australia:

• The Australian Securities and Investments Commission(ASIC)
• TheAustralian Securities Exchange (ASX)
• The Takeovers Panel
• The Financial Reporting Council
• The Australian Accounting Standards Board
• The Auditing and Assurance Standards Board
• The Corporations and Markets Advisory Committee (CAMAC)

In your report, please ensure that you:

• Explain the legislation pursuant to which each of the above organisations was established (if any);
• Explain the roles and functions of each of the above organisations; and
• Include references and a bibliography.

3.Topic 3 - Types of Companies in Australia

Task

In Australia, it is possible to register two types of proprietary companies and four types of public companies.

In your report, please:

• Name each of the types of company;
• Explain the differences between each type of company;
• Explain the benefit of choosing each type of company; and
• Include references and a bibliography.