Undergraduate Programme and Module Handbook 2005-2006 (archived)
Module BUSS2051: PRINCIPLES OF BUSINESS LAW AND BUSINESS TAXATION
Department: ECONOMICS FINANCE AND BUSINESS (BUSINESS) [Queen's Campus, Stockton]
BUSS2051: PRINCIPLES OF BUSINESS LAW AND BUSINESS TAXATION
| Type | Tied | Level | 2 | Credits | 20 | Availability | Available in 2006/07 onwards | Module Cap | None | Location | Queen's Campus Stockton |
|---|
| Tied to | NN43 |
|---|---|
| Tied to | N200 |
| Tied to | N420 |
Prerequisites
- Successful completion of level 1 of BA Business/BA Business Finance/BA Accounting and Finance.
Corequisites
- As specified in special regulations.
Excluded Combination of Modules
- None.
Aims
- This is a Level 2 undergraduate module designed for those students on the Accounting and Finance degree. It is important for those studying Accounting to have an understanding of the legal framework within which businesses operate and the requirements and restrictions imposed on a business by the different aspects of the law that are relevant to the operation of a business.
Content
- Introduction to the Legal Framework - statute and case law
- The law of Tort
- Contract Law - offer acceptance and consideration
- Vicarious Liability
- Types of Business entity
- Company formation
- The veil of incorporation
- The memorandum of the articles of association
- The duties and responsibilities of directors
- Insolvency
- Employment Law
- Data Protection
- Business Taxation - principles
- Direct and Indirect Business Taxation
- Capital Allowances
- Tax avoidance and evasion
Learning Outcomes
Subject-specific Knowledge:
- Know of the significant aspects of the law as they appertain to the operation of a business.
- Understand the regulatory framework that the taxation authorities require a company to comply with.
Subject-specific Skills:
- Be able to analyse and offer advice on common legal issues facing a business.
Key Skills:
- Written communication - through summative assessment
- Computer Literacy - by typing up summative assignment
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- Teaching is by lectures, tutorials and support for student centred learning. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes and private study (including student centred learning.) Formative assessment is by means of self assessment using multiple choice questions administered via DUO. Summative assessment is by one project of 2500 words and one unseen written examination of 1 hour 30 minutes duration.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| Lectures | 22 | 1 weekly | 1 hour | 22 | |
| Seminars | 8 | 4 in term 1, 4 in term 2 | 1 hour | 8 | |
| Preparation and Reading | 170 | ||||
| Total | 200 |
Summative Assessment
| Component: Project | Component Weighting: 40% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Project | 2500 words | 100% | |
| Component: Examination | Component Weighting: 60% | ||
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Examination | 1.5 hours | 100% | |
Formative Assessment:
Self assessment using multiple choice questions administered via DUO.
■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University