Unit 7: Business Law

Unit code                           H/508/0492

Unit level                           QCF Level 4/ NFQ Level 6

Credit value                       15


The aim of this unit is to enhance students’ understanding of how business law is applied to the running of a company. Students will gain knowledge of business law and examine the impact of the law on business operations and decision-making.

Throughout the unit students will identify legal solutions available to business owners and assess their suitability. Their experiences in this unit will help them better understand the areas of law in which they will want to specialise. They will be able to illustrate the impact of the law on normal business operations and when registering a company and inviting shareholders to invest in it. They will gain an understanding of the law in relation to market abuse and director responsibilities. Students will be able to recognise the application of employment law between employers and employees.


Learning Outcomes

By the end of this unit a student will be able to:

  1. Explain the basic nature of the legal system.
  2. Illustrate the potential impact of the law on a business.
  3. Suggest appropriate legal solutions to business problems.
  4. Recommend appropriate legal solutions based upon alternative legal advice provided.