Describe the key features of the legal system.

Corporate and Business Law - OTHM Level 6 Diploma in Accounting and Business

1. Understand key elements of the English legal system.

1.1 Describe the key features of the legal system.

1.2 Explain the sources of law.

1.3 Analyse the law of obligations and contracts.

1.4 Outline the key features of insolvency law and administration.

2. Understand English legislation relating to anti- competitive practices.

2.1 Explain legislation relating to monopolies, mergers and anti-competitive practice.

2.2 Assess how legislation relating to monopolies, mergers and anti-competitive practice affects a specific business sector.

2.3 Explain the impact of legislation relating to monopolies, mergers and anti-competitive practice on international trade.

3. Understand intellectual property rights.

3.1 Identify different forms of intellectual property.

3.2 Explain the protection available for intellectual property.

3.3 Assess the importance of intellectual property protection for a specific business organisation.

4. Understand the legal relationship between business organisations and their consumers.

4.1 Explain the legal rules that relate to the sale of goods and provision of services.

4.2 Assess the statutory provisions on buyer`s and seller`s remedies in given situations.