Module BUSS2051: PRINCIPLES OF BUSINESS LAW

Department: Business School (Business) [Queen's Campus, Stockton]

BUSS2051: PRINCIPLES OF BUSINESS LAW

Tied To

• N102: Business with Placement Year (see Undergraduate Handbook 2014-2015 for details)
• N200: Business (see Undergraduate Handbook 2014-2015 for details)
• N201: Business and Management
• N202: Business and Management (with placement year) (see Undergraduate Handbook 2012-2013 for details)
• N203: Business and Management with Business Placement
• N204: Accounting and Management with Business Placement
• N205: Masters in Business and Management with Business Placement
• N206: Accounting and Management with Study Abroad
• N207: Business and Management with Study Abroad
• N208: Masters in Business and Management with Study Abroad
• N302: Accounting and Finance with Business Placement
• N304: Accounting and Finance with Study Abroad
• N305: Finance
• N306: Finance with Business Placement
• N307: Finance with Study Abroad
• N401: Management Accounting
• N402: Financial Accounting
• N403: Financial Accounting with Business Placement
• N404: Management Accounting with Business Placement
• N405: Financial Accounting with Study Abroad
• N406: Management Accounting with Study Abroad
• NN12: Masters in Business and Management
• NN24: Accounting and Management with Placement Year (see Undergraduate Handbook 2012-2013 for details)
• NN34: Accounting and Finance with Placement Year (see Undergraduate Handbook 2012-2013 for details)
• NN42: Accounting and Management
• NN43: Accounting and Finance

Pre-requisites

Corequisites

Excluded Combinations

Aims

• It is important for those students studying in the fields of business and 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 English Legal Framework - statute and case law
• The law of Tort
• Contract Law - offer acceptance and consideration. Remedies for breach
• Agency
• Vicarious Liability
• Types of Business entity - sole traders, partnerships and companies
• Company formation and administration
• The veil of incorporation
• The memorandum and articles of association
• Management of the company; the duties and responsibilities of directors
• Corporate Governance
• Criminal Law; insider dealing
• Insolvency
• Employment Law
• Sale of Goods
• Company finance
• European Law

Learning Outcomes

• Knowledge of the significant aspects of law as they appertain to the operation of a business.
• Understand the regulatory framework with which businesses must comply.

• Be able to analyse and offer advice on common legal issues facing a business.

• Written communication - through summative assessment
• Skills of enquiry and explanation through applying legal principles and forming arguments

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Teaching is by lectures and seminars. Learning takes place through attendance at lectures, preparation for and participation in seminars, and private study. Formative assessment is by means of an online assessment. Summative assessment is by a written examination.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

Online test accessed via DUO.