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Learning Outcomes:
1. Describe the legislative framework and the regulatory context in which companies are established and operate in Australia and their impact on companies.
2. Explain the significance of a company as a separate legal entity and the benefits and risks arising as a result of that, as well as the circumstances in which the effects of incorporation are negated.
3. Explain how companies are governed internally by management and owners, who are separate yet interactive, with certain checks and balances in place between them.
4. Define members rights, powers and remedies and be able to apply them to a set of facts to achieve certain outcomes, particularly in the context of members meetings
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