Award: Business Law

Summary

This unit provides a broad understanding of the legal context and structures in which business operates through the development of knowledge about the English legal system, contract law, agency, and sales and supply of goods legislation.

Syllabus Topics

1.     The English legal system (15%)

• Common law
• Statute law
• Delegated legislation
• Jurisdiction of the courts.

2.     Law of contract (35%)

• Essentials of a binding contract
• Terms
• Validity
• Guarantees and Indemnities
• Privity and Assignment
• Discharge
• Remedies.

3.     Sale and Supply of Goods, Services and related topics (25%)

• Sale of Goods Act 1979 (as amended)
• Supply of Goods and Services Act 1982 (as amended)
• Consumer Rights Act 2015
• Unfair contract terms and legislation.

4.     Agency (15%)

• Formation
• Duties of an agent
• Duties of a principal
• The agent’s authority
• The agent’s liability
• Termination

5.     Other contractual matters (10%)

• Guarantees
• Indemnities
• Bailment
• Liens