LEGL 5001 Legal Studies

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This LEGL 5001 Legal Studies module is aimed at acquainting students with the legal system, commercial law, consumer law, corporate law and related issues. Everyone, accountants and business leaders must understand the role of the law in regulating and serving society and the business community. Legal principles regarding business transactions, business and other associations will be revised. The unit will also examine the ways in which society, legislatures and judicial institutions influence the legislative process so that it can meet the changing needs of society. This module also covers the study of negligence law and examines corporate law related to the establishment, operation, management, corporate governance and fundraising. This will include a detailed study of laws relating to directors and management, member rights and company financing. We will study in detail the "Companies Law" and related jurisprudence.

Upon completion of this section, students should be able to:

• Understand the structure of the legal system and the legal implications of questions and recommendations related to commercial transactions
• Explain legal norms and principles in areas of law that business professionals may encounter.
• Understand and analyze the legal aspects of business transactions, consumer protection laws, the principle of caution in the law of negligence, agencies, partnerships and companies, especially in relation to the rights, obligations, duties and responsibilities of agents, partners and companies.
• Analyze legal issues in complex consumer and company situations and apply appropriate legal principles to address these issues and express them in a clear and logical language.

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