The aims and objectives of this course are as follows:

• To introduce the student to the law of business organisations.
• To understand the historical development of, and differences between, the various forms of business organisations.
• To appreciate and examine the concepts of separate legal entity and limited liability.
• To provide students with an understanding of how the law taught interacts with their working lives in a practical and understandable way.
• To understand the constitutional framework of corporate bodies, the relationships between internal organs, and the relationships between the company and external agencies.
• To appreciate the legal regime affecting corporate directors and shareholders and to explore the relationships between them.
• To explore aspects of corporate law which are of particular interest and relevance to the student's major discipline. 
• To develop student awareness of the implications of laws relating to companies in facilitating or limiting the achievement of commercial or other goals – and in balancing the competing interests of the investors, creditors, managers, employees and the public.
• To encourage students to think creatively about applying legal principles to real world fact situations.
• To appreciate how legal knowledge can assist in formulating risk management strategies in the business context.

Continuous Assessment: 40%

Examination: 60%

Examination Duration: 2 hours

A student must obtain a minimum mark of 30% in both coursework and examination and an overall mark of 40% in order to pass a course.