LW453-6-SP-CO:
Business Law

The details
2023/24
Essex Law School
Colchester Campus
Spring
Undergraduate: Level 6
Future
Monday 15 January 2024
Friday 22 March 2024
15
07 March 2024

 

Requisites for this module
(none)
(none)
(none)
(none)

 

(none)

Key module for

(none)

Module description

This module aims to provide students with fundamental knowledge of business law. It complements LW225 Company Law by taking a pragmatic approach to setting up, managing and ending business in the UK, and extending to financing and taxation of a business. It provides an overview of the legal requirements for starting a new business, the management of business and company decision-making, the interests, rights, and powers of stakeholders in business, financing a business, taxation of business stakeholders, and ending the business. The module would benefit students planning to pursue a legal career as a solicitor or barrister.

Module aims

The aims of this module are:



  • To introduce students to key areas of business law, taking a pragmatic approach.

  • To provide students with an overview of the legal forms of business in the UK.

  • To provide students with an understanding of the practical aspects of legal requirements of company management and decision-making.

  • To provide students with an understanding of the interests, legal rights, duties, and powers of business stakeholders.

  • To provide students with an overview of how business is financed.

  • To provide students with insight into the taxation of business and its stakeholders.

  • To provide students with an understanding of the practical aspects of how business can end.

  • To develop in students' practical skills to apply the rules and principles to hypothetical problems reflecting real-life scenarios.

Module learning outcomes

By the end of this module, students will be expected to be able to:



  1. Demonstrate comprehensive knowledge across key areas of business law.

  2. Understand the practical aspects of the legal requirements of setting up, managing, and ending a business in the UK.

  3. Have the ability to critically engage with relevant legal concepts, values, principles, and procedural steps, explaining the relationship between these concepts in a number of areas.

  4. Critically apply the relevant rules and principles to practical examples of business law.

Module information

Complementary learning or prior knowledge


The module is complementary to LW225 Company Law and includes some of the aspects covered here in more detail and takes a more theoretical and comparative perspective. This module has important corporate finance and taxation additions that are not included in LW225.


Syllabus information


The module will examine a range of issues or setting up, managing and ending a business in the UK, such as the legal requirements for starting and terminating a new business, management and company decision-making, powers of stakeholders in a business, such as directors and shareholders, as well as financing and taxation issues.

Learning and teaching methods

This module will be delivered via:

  • One 2-hour lecture per week
  • One 1-hour tutorial every fortnight

Students are expected to undertake the reading before classes and be prepared to engage in discussion.

Bibliography

This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Exam  Main exam: In-Person, Open Book (Restricted), 120 minutes during Summer (Main Period) 
Exam  Reassessment Main exam: In-Person, Open Book (Restricted), 120 minutes during September (Reassessment Period) 

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
0% 100%

Reassessment

Coursework Exam
0% 100%
Module supervisor and teaching staff

 

Availability
No
No
No

External examiner

No external examiner information available for this module.
Resources
Available via Moodle
No lecture recording information available for this module.

 

Further information
Essex Law School

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