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Commercial law
There are two modules within the 'Commercial Law' subject area. These modules are synoptically-linked and are studied and examined together.
Stage
2
Pre-requisites
None
Commercial Law 1 (C88CL)
Module aims
- Acquire knowledge and understanding of the basic principles and legal rules that regulate commercial life.
- Appreciate the application of the law in the context of everyday business transactions and activity.
- Acquire knowledge and understanding of the legal principles and rules that regulate the formation and operation of business entities.
- Understand the practical application of the law in the context of the everyday activities of business entities.
- Acquire the skills necessary for planning the operation of business activities so as to avoid legal problems.
Module syllabus
- The Legal System
- Introduction to Legal Obligations
- Essentials of a Contract 1
- Essentials of a Contract 2
- Contract Terms, Breach of Contract and Remedies
- Introduction to the Law of Delict
- Causation, Remoteness, Vicarious Liability, Defences and Remedies
- Some Specific Forms of Liability
Commerical Law 2 (C88CM)
Module aims
- Acquire knowledge and understanding of the legal principles and rules that regulate the formation and operation of business entities.
- Understand the practical application of the law in the context of the everyday activities of business entities.
- Acquire the skills necessary for planning the operation of business activities so as to avoid legal problems.
Module syllabus
- The Law of Partnership
- The relations of partners to one another and limited liability
- Formation of a company and the effects of incorporation
- Company Law: the corporate constitution
- Company Law: shares, shareholders and meetings
- Company Law: directors and the protection of minority shareholders

