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MN20609: UK business law

[Page last updated: 15 October 2020]

Follow this link for further information on academic years Academic Year: 2020/1
Further information on owning departmentsOwning Department/School: School of Management
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Intermediate (FHEQ level 5)
Further information on teaching periods Period:
Semester 2
Further information on unit assessment Assessment Summary: CW 40%, EX 60%
Further information on unit assessment Assessment Detail:
  • Coursework (CW 40% - Qualifying Mark: 35)
  • Examination (EX 60% - Qualifying Mark: 35)
Further information on supplementary assessment Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Further information on requisites Requisites:
Description: Aims:
The unit aims to introduce students to the structure of different business models, the framework of Business law and the fundamental legal concepts which affect businesses and individuals, their potential liabilities, and the ways in which they function in practice as well as in the context of the overall degree objectives.

Learning Outcomes:
On completing this unit students will be able to: identify the key legal principles relevant to business contracts, and the structure of the courts through which legal rights are enforced; assess contract terms, and the implications for the parties. The students will understand the main forms of business and the liability of businesses and individuals involved in them. They will also understand the process for resolving disputes involving contracts.

Skills:
Intellectual skills: Analyse legal materials; identify legal principles, exceptions and applications. (T) Understand the importance of clarity and consistency and applying those principles in the context of tutorials, assessed coursework and an examination. (T/F/A)
Practical: Students will be required to apply their research in a practical situation, involving analysis of problems, assessing the weight of criteria to be applied and presenting their findings (individually) to the group. T/F/A
Professional skills: Understand legal method in analysing appropriate resources, gathering legal material, and applying to specific problems. (T/F)

Content:
This course will equip students to understand the law relevant to the different business models, business contracts, and the structure of the courts through which legal rights are enforced. Students will be able to identify whether contract terms are applicable and the consequences of terms not being complied with. They will also recognise the liability of businesses and individuals in respect of torts and statutory duties, The unit will examine the following areas of law
[a] Introduction to concepts of law, divisions, terminology.
[b] The structure of the courts and personnel of the law.
[c] Formation of contracts
[d] Terms of contracts
[e] Termination of contract, including breach and the consequences.
[f] Dispute resolution.
[g] Formation of businesses
[h] Partnerships
[i] Companies: internal management and control
[j] Termination of a business.
[k] Insolvency and its consequences.
Further information on programme availabilityProgramme availability:

MN20609 is Compulsory on the following programmes:

School of Management

MN20609 is Optional on the following programmes:

School of Management
  • UMMN-AYB06 : BSc(Hons) International Management with Year Abroad (Year 2)
  • UMMN-AKB05 : BSc(Hons) Management with Marketing with Year long work placement (Year 2)

Notes:

  • This unit catalogue is applicable for the 2020/21 academic year only. Students continuing their studies into 2021/22 and beyond should not assume that this unit will be available in future years in the format displayed here for 2020/21.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.