Programme/Approved Electives for 2026/27
None
Available as a Free Standing Elective
No
LAW-10051 Legal Essentials
Aims
To introduce students to the basics of UK company law with emphasis on the meaning limited liability and separate personality.To locate company law within the premises of corporate theory.To extend students' theoretical, and conceptual understanding of corporate law.To provide a practical understanding of how best to advise commercial clients on business operations including start-up, governance, finance, liability and closure.
Intended Learning Outcomes
access, review and critically appraise basic concepts in corporate law through the use of cases, statutes and theoretical sources.: 1critically evaluate corporate theory issues by appropriate use of relevant legal and theoretical sources,: 1explain to a hypothetical client the "lifecycle" of a business including start-up, management, finance, liability and closure.:
Lectures - 31 hours: 20 hours sem 1 and 11 hours sem 2Tutorials - 6 hours: 6 x 1 in semester 1Workshops - 18 hours: 9 x 2 hoursPreparation for lectures, tutorials and workshops - 120 hoursFurther reading and assessment preparation - 125 hours
Description of Module Assessment
1: Assignment weighted 50%Problem questionThis assessment will be a complex problem question involving several legal and theoretical issues drawn from the content of the module. 3,000 word-limit.
2: Report weighted 50%Writing a reportThe report will provide advise to a hypothetical client of the advantages and disadvantages of operating as a sole trader, unlimited partnership, LLP or company (including commercial and legal requirements and documentation). and explain the "lifecycle" of a business including start-up, management, finance, liability and closure. 3,000 word-limit.
Provide commercially sound advice in connection with the following matters:
the importance of a partnership agreement and recommended provisions;
the significance of a shareholders' agreement and recommended provisions;
astute corporate governance including discussion of constitutional documentation and directors' duties; and
company asset/share sales including process and documentation.: