Cert LAW

- Recognise the relationships and interaction between civil and criminal law, legal principles, legislation, case law, ethics and ethical codes - Recognise situations when laws and regulations other than English law may be applicable to an organisation, including: - International regulation of trade between organisations (International Chamber of Commerce (ICC) Incoterms, the UN Convention on Contracts for the International Sale of G

- Recognise when a legally binding contract exists between two parties and how a contract may be enforced

- Recognise when a legally binding contract exists between two parties and how a contract may be enforced - Identify the circumstances under which a contract can be terminated and possible remedies for breach of contract - Explain the role of arbitration as a means of alternative dispute resolution

- Identify the role of agents, their duties and rights, and their authority to enter contracts on behalf of a principal

- Identify instances and consequences of negligence (particularly negligent misstatement) in a given scenario - Identify instances and consequences of vicarious liability in a given scenario

- Identify the nature of a partnership and the authority given to partners - Identify the differences between unincorporated businesses (sole traderships and partnerships), limited liability partnerships and companies. Show the advantages and disadvantages of incorporation and recognise the circumstances when the veil of incorporation can be lifted - Identify the procedures required to form a registered company or a limited liability partnership, including any practical considerations, and the

- Identify the differences between unincorporated businesses (sole traderships and partnerships), limited liability partnerships and companies, show the advantages and disadvantages of incorporation and recognise the circumstances when the veil of incorporation can be lifted - Identify the procedures required to form a registered company or a limited liability partnership, including any practical considerations, and the nature and contractual force of a company's memorandum and articles of asso

- Identify the administrative consequences of incorporation or the formation of a limited liability partnership including requirements regarding statutory books, accounts, meetings and the role of the company secretary - Recognise how a shareholder can influence the management of a company through meetings and resolutions, including shareholders' rights to requisition a meeting - Identify the various statutory rights of shareholders to challenge the management of the company under the Companie

- Identify the procedures for the issue of shares, including issues at a premium and pre-emption rights - Identify aspects of capital maintenance including -reduction of capital -redemption and purchase of a company's own shares -financial assistance for the purchase of a company's own shares -distribution of profits - Identify share transfer requirements and disclosure requirements - Identify the nature o

- Identify the nature and function of: - company voluntary arrangements -administration orders -receivership -compulsory and voluntary liquidation (including relevance of secured debt) - Identify the main implications of insolvency law, including: -the principal means of termination of companies or other business entities -the priorities on a

- Identify instances of money laundering and the obligations on professional accountants to detect and help prevent money laundering - Identify offences and their consequences under the anti-money laundering legislation and select appropriate courses of action to protect professional accountants from criminal liability. - Identify instances and consequences of bribery - Identify instances and consequences of fraud in a given scenario, including -The effect of the Fraud A

- Identify who is an employee and the main legal consequences of employment status - Identify the key features of employment contracts and recognise circumstances in which an employment contract may be terminated and the consequences arising - Identify when dismissal constitutes a wrongful or unfair dismissal - Identify the circumstances where an employee can claim a statutory redundancy payment - Identify employers' obligations under social security law - Identify the responsibilities

- Identify the key requirements of the Data Protection Act 2018, on the use of personal information and how the Act can affect the manner in which information systems are used by businesses