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Corporate and Business Law

D4: Formation and Constitution of Business Organisations | The Formation and Constitution of a Company (ACCA LW)

The Formation and Constitution of a Company looks at company promoters, pre-incorporation contracts, procedures for registering companies, statutory books and record keeping, the effect of a company’s constitutional documents. model articles of association and the control over the names of companies. The Formation and Constitution of a Company a) Explain the role and duties of […]

Corporate and Business Law

D3: Formation and Constitution of Business Organisations | Corporations and Legal Personality (ACCA LW)

Corporations and Legal Personality looks at the various types of legal business formats, limited liability, the different types of companies, the concept of separate personality and incorporation and instances where separate personality will be ignored. Corporations and Legal Personality a) Distinguish between sole traders, partnerships and companies. Sole trader – no legal distinction between the […]

Corporate and Business Law

D2: Formation and Constitution of Business Organisations | Partnerships (ACCA LW)

Partnerships assesses legislation governing partnerships, discusses the formation of a partnership, the authority of partners in partnership activity, the liability of various partners for partnership debts and the termination of a partnership and the partners’ subsequent rights and liabilities. Partnerships a) Demonstrate a knowledge of the legislation  governing the partnership, both unlimited and limited. Partnership Act […]

Corporate and Business Law

D1: Formation and Constitution of Business Organisations | Agency Law (ACCA LW)

Agency law identifies the role of the agent, explains the formation of the agency relationship, defines the authority of the agent and explains the potential liability of both principal and agent. Agency Law a) Define the role of the agent and give examples of such relationships paying particular regard to partners and company directors Agency […]

Corporate and Business Law

C1: Transportation and Payment of International Business Transactions | Transportation Documents and Means of Payment (ACCA LW)

Transportation Documents and Means of Payment examines bills of lading, bank transfers, the rules of UNCITRAL on International Credit Transfer, the rules of the UN Convention on International Bills of Exchange and letters of credit and letters of comfort. Transportation Documents and Means of Payment a) Define and explain the operation of bills of lading. […]

Corporate and Business Law

B2: Essential Elements of Legal Systems | Obligations of the Seller and Buyer (ACCA LW)

Obligations of the seller and buyer, and provisions common to both looks at the seller’s obligations with respect to the delivery of goods, handing over documents, conformity of goods and third party claims and remedies for breach of contract by the seller. It also looks the buyer’s obligations for the payment of the price, taking […]