The "ACCA LW: Corporate & Business Law Essentials" course provides a comprehensive overview of the fundamental principles of corporate and business law. The course begins by exploring the purpose and structure of the legal system in the UK, introducing learners to key sources of law such as legislation, common law, and equity. Students gain a clear understanding of how court systems operate and how alternative dispute resolution (ADR) methods offer practical solutions for resolving conflicts outside traditional courts.

Contract law forms a significant part of the course, where learners study how contracts are formed through offer, acceptance, and consideration. Topics include the terms of a contract, remedies for breach of contract, and factors that can affect a contract’s validity, such as misrepresentation or duress. Employment law is also covered in depth, ensuring students understand the formation and termination of employment relationships, employee rights, employer obligations, and key legislation surrounding discrimination and equal opportunities in the workplace.

Company formation and corporate personality are introduced next, with learners exploring the legal processes involved in incorporating a company, the significance of a company’s constitution, and the roles and duties of directors, secretaries, and shareholders. Corporate governance principles are emphasized, highlighting the importance of ethical leadership, the avoidance of fraudulent trading, and the need for directors to uphold high standards of accountability and transparency.

Insolvency law is covered with a focus on understanding the causes and consequences of insolvency, the different types of liquidation, the processes of administration and receivership, and the rights of creditors. Students also examine how criminal law intersects with business operations, studying offences such as fraud, bribery, money laundering, and corporate manslaughter, and understanding the regulatory frameworks businesses must adhere to.

Finally, the course addresses intellectual property protection, data protection under GDPR, competition law, consumer rights, and the international aspects of business law. By the end of the course, learners will have developed a robust understanding of legal principles that are vital for advising businesses, managing risk, ensuring compliance, and making informed management decisions.