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Corporate and Business Law

Syllabus aim

To develop knowledge and understanding of the general legal framework within which an accountant operates. To develop an awareness of and an ability to understand both common law and statute in relation to specific legal areas of central importance to business.

Objectives

On completion of this paper students should be able to:

• analyse and evaluate situations from a legal perspective
• identify the essential elements of the English legal system including the main sources of law and explain its operation
• explain and demonstrate an ability to use the essential principles relating to the formation, content and remedies for the breach of contracts
• explain the rules of agency as they apply to sole traders, partnerships and companies
• explain the law relating to the partnership
• describe the different types of company and explain the rules relating to their financing, management, administration and regulation
• explain the law relating to employment relationships with particular regard to dismissal, redundancy and discrimination.

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