Corporate and Business Law
ACCA Paper F4 (ENG)
Corporate and Business Law
Class Notes June 2012
© Debbie Crossman, January 2012 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of Debbie Crossman.
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Contents
PAGE
INTRODUCTION TO THE PAPER CHAPTER 1: ENGLISH LEGAL SYSTEM CHAPTER 2: LAW OF CONTRACT – FORMATION CHAPTER 3: LAW OF CONTRACT – TERMS CHAPTER 4: LAW OF CONTRACT – BREACH CHAPTER 5: LAW OF TORTS CHAPTER 6: LAW OF EMPLOYMENT CHAPTER 7: LAW OF AGENCY CHAPTER 8: PARTNERSHIP LAW CHAPTER 9: COMPANY LAW – LEGAL PERSONALITY & COMPANY FORMATION CHAPTER 10: COMPANY LAW – SHARE CAPITAL CHAPTER 11: COMPANY LAW – LOAN CAPITAL CHAPTER 12: COMPANY LAW – DIRECTORS CHAPTER 13: COMPANY LAW – OTHER COMPANY OFFICERS CHAPTER 14: COMPANY LAW – COMPANY MEETINGS AND RESOLUTIONS CHAPTER 15: COMPANY LAW – INSOLVENCY CHAPTER 16: CORPORATE GOVERNANCE CHAPTER 17: FRAUDULENT BEHAVIOUR APPENDIX AND INDEX OF CASES EXERCISES AND SAMPLE QUESTIONS ACCA STUDY GUIDE AND INDEX 5 7 27 41 51 61 71 85 93 105 129 145 155 169 177 185 195 205 217 245 307
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Introduction to the paper
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IN T R O D U C T I O N T O T H E P A P E R
AIM OF THE PAPER
The aim of the paper is to develop knowledge and skills in the understanding of the general legal framework, and of specific legal areas relating to business, recognising the need to seek further specialist legal advice where necessary.
OUTLINE OF THE SYLLABUS
Business Law 1. 2. 3. 4. English Legal System Law of Contract Law of Tort Law of Employment Corporate Law 5. 6. 7. 8. 9. Law of Agency Partnership law Company law Corporate Governance Fraudulent Behaviour
ACCA’s Study Guide sets out the syllabus in detail – see page 308 of these Notes.
Corporate and Business Law
Class Notes June 2012
© Debbie Crossman, January 2012 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of Debbie Crossman.
2
www.studyinteractive.org
Contents
PAGE
INTRODUCTION TO THE PAPER CHAPTER 1: ENGLISH LEGAL SYSTEM CHAPTER 2: LAW OF CONTRACT – FORMATION CHAPTER 3: LAW OF CONTRACT – TERMS CHAPTER 4: LAW OF CONTRACT – BREACH CHAPTER 5: LAW OF TORTS CHAPTER 6: LAW OF EMPLOYMENT CHAPTER 7: LAW OF AGENCY CHAPTER 8: PARTNERSHIP LAW CHAPTER 9: COMPANY LAW – LEGAL PERSONALITY & COMPANY FORMATION CHAPTER 10: COMPANY LAW – SHARE CAPITAL CHAPTER 11: COMPANY LAW – LOAN CAPITAL CHAPTER 12: COMPANY LAW – DIRECTORS CHAPTER 13: COMPANY LAW – OTHER COMPANY OFFICERS CHAPTER 14: COMPANY LAW – COMPANY MEETINGS AND RESOLUTIONS CHAPTER 15: COMPANY LAW – INSOLVENCY CHAPTER 16: CORPORATE GOVERNANCE CHAPTER 17: FRAUDULENT BEHAVIOUR APPENDIX AND INDEX OF CASES EXERCISES AND SAMPLE QUESTIONS ACCA STUDY GUIDE AND INDEX 5 7 27 41 51 61 71 85 93 105 129 145 155 169 177 185 195 205 217 245 307
www.studyinteractive.org
3
4
www.studyinteractive.org
Introduction to the paper
www.studyinteractive.org
5
IN T R O D U C T I O N T O T H E P A P E R
AIM OF THE PAPER
The aim of the paper is to develop knowledge and skills in the understanding of the general legal framework, and of specific legal areas relating to business, recognising the need to seek further specialist legal advice where necessary.
OUTLINE OF THE SYLLABUS
Business Law 1. 2. 3. 4. English Legal System Law of Contract Law of Tort Law of Employment Corporate Law 5. 6. 7. 8. 9. Law of Agency Partnership law Company law Corporate Governance Fraudulent Behaviour
ACCA’s Study Guide sets out the syllabus in detail – see page 308 of these Notes.