Business Law

• Outline and evaluate the way business disputes can be resolved

• Identify and explain the main sources of law affecting businesses

• Compare and contraast the main forms of business organisations

• Explain and apply the basic rules of contract law

• Deliver an effective oral presentation and reflect upon it
How does Judicial Precedent operate within the English Legal System?

Outline and evaluate the three main forms of business organisations.

Outline and critically evaluate the tribunal system.
What is ADR and how does it improve access to the justice system?

Have LLPs been taken up by many professional (unlimited) partnerships? Why is this so?

Separate legal personality and limited liability are two advantages of corporate status. Under what circumstances will they be disapplied?
submit a written reflective report which include the following issues:

• a brief outline of the law which you outlined in your presentation
• the strengths and weaknesses of the workings of your group
• the strengths and weaknesses of your presentation
• how any weaknesses can be overcome in the future
• what you learnt about teamwork and oral presentation skills

 

BUSINESS LAW TUTORIAL QUESTIONS
1) How are the Courts in England & Wales structured?

2) What is ADR?

3) How does Judicial Precedent operate within the English Legal System?

4) Outline and evaluate the three main forms of business organisations.

5) Separate legal personality and limited liability are central features of corporate status. Discuss
Court Structure, Tribunals & ADR

1. Which type of cases go to the County Court?

2. Which type of cases go to the QBD of the High Court?

3. What is a summary only offence, an ‘either way offence and an indictable only offence?

4. Why were tribunals created in the ELS?

5. What are some of the reasons for their growth?

6. What are the advantages of tribunals? Are there any disadvantages?

7. Why is the funding of a case at the ET such a problem? How has it been alleviated?

8. What is the composition of the ET?

9. What is ADR?
Sources of Law

1. Where does a piece of legislation come from?

2. What does Royal Assent mean and what affect does it have on a Bill of Parliament?

3. For who is Statutory instruments a problem? Why?

4. Explain fully the doctrine of Judicial Precedent.

5. What is a European directive, where does it come from and to whom may it be addressed?

6. What is an injunction and an order for specific performance? Give 2 examples as to when they may be granted by the court.
Business Organisations

1. What is the main legal disadvantage of being a Sole trader?

2. What constitutes a Partnership?

3. Why is it important to be able to trust your business partner?

4. Why is it important to have a written partnership agreement?

5. How do partners manage their business?

6. What is joint and several liability?

7. Under what circumstances will death, bankruptcy or retirement not bring the partnership to an end?

8. What does Separate Legal Personality mean?

9. What does limited liability mean?

10. Compare how a partnership and a limited company come to an end?

11. Under what circumstances will the law lift the veil of incorporation?

12. Who are the ‘agents’ of a company and why are they less ‘dangerous’ than agents of a partnership?

13. How does the borrowing power of a company differ from that of a partnership?

14. How are most companies formed?

15. What does perpetual succession mean?
Contact Law: Vitiating Factors

1. How does a vitiating factor affect the validity of a contract?

2. What is the difference between a void and a voidable contract?

3. Define Misrepresentation.

4. What are the main remedies available for the 3 different types of misrepresentation?

5. What is a contract ‘uberrimae fidei’? Give an example.

6. To what extent does UCTA, 1977 affect the power of exclusion clauses that attempt to exclude/restrict liability for contractual misrepresentation?

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