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Mai Studies Original · Accounting & Finance

ACCA Study Support: Corporate and Business Law (LW)

A Mai Studies study-support programme written for learners preparing for the ACCA Applied Skills paper Corporate and Business Law. Every module contains original written notes with worked examples, a tutor-voice classroom transcript, a practical activity with a worked solution, a mock test with explained answers and a marked written assignment. Mai Studies is an independent provider: it is not ACCA, is not an ACCA Approved Learning Partner, and this programme carries no exam credit or exemption. The notes explain general English legal principles for study purposes and are not legal advice.

10 weeks 60 guided hours Intermediate
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ACCA Study Support: Corporate and Business Law (LW) course artwork

What you will achieve

  • Explain the structure and sources of the English legal system
  • Apply the rules on formation, terms and breach of a contract
  • Apply the elements of negligence and vicarious liability to a scenario
  • Explain the main rights and duties arising from a contract of employment
  • Compare agency, partnership and company as ways of carrying on business
  • Explain company financing, directors duties and the consequences of insolvency

Entry guidance

  • — Some prior business study is helpful but not required
  • — Comfortable reading detailed written English
  • — Around six study hours each week

Original Mai Studies learning material. This is a professional completion programme, not a regulated qualification or university accreditation.

Programme syllabus

6 applied modules

Lessons
6
Assessed tasks
6
Practice questions
120
Timed mock papers
2
01

The legal system and sources of law

Courts, precedent, legislation and how a legal rule is found, stated and applied to a business problem.

1 lesson · 20 practice questions · 1 assessed task

  1. 1. Finding and applying the rule38 min study · 3 learning objectives · practical activity

    How the English legal system is structured, where legal rules come from, and how to apply a rule to facts.

  • Apply a legal rule to a business dispute — marked out of 100, pass at 80%
02

Contract: formation and terms

Offer, acceptance, consideration, intention, and how express and implied terms are classified.

1 lesson · 20 practice questions · 1 assessed task

  1. 1. Making a contract that binds37 min study · 3 learning objectives · practical activity

    The four requirements for a binding agreement, and how the terms of that agreement are identified and classified.

  • Advise on whether a contract was formed — marked out of 100, pass at 80%
03

Breach of contract and remedies

Types of breach, damages and the limits on what a disappointed party can recover.

1 lesson · 20 practice questions · 1 assessed task

  1. 1. When a contract is broken37 min study · 3 learning objectives · practical activity

    What counts as breach, what damages are designed to achieve, and the limits the courts place on recovery.

  • Quantify and justify a damages claim — marked out of 100, pass at 80%
04

Negligence and professional liability

Duty, breach, causation, remoteness, defences and the special position of professional advisers.

1 lesson · 20 practice questions · 1 assessed task

  1. 1. Negligence in a business setting40 min study · 3 learning objectives · practical activity

    The elements of a negligence claim, how they are proved, and the exposure of professional advisers.

  • Advise on a professional negligence claim — marked out of 100, pass at 80%
05

Employment law and agency

Employee or contractor, duties in the employment relationship, dismissal, and how agents bind a principal.

1 lesson · 20 practice questions · 1 assessed task

  1. 1. Employment and agency relationships39 min study · 3 learning objectives · practical activity

    Distinguishing employees from contractors, the duties each side owes, dismissal, and how agents bind a business.

  • Determine employment status and its consequences — marked out of 100, pass at 80%
06

Companies: formation, finance, directors and insolvency

Separate personality, share and loan capital, directors duties, and what happens when a company fails.

1 lesson · 20 practice questions · 1 assessed task

  1. 1. Companies from formation to insolvency40 min study · 3 learning objectives · practical activity

    Separate legal personality, raising capital, the duties of directors, and the consequences of corporate failure.

  • Report on company finance, duties and insolvency — marked out of 100, pass at 80%

Timed mock papers

  • ACCA Study Support: Corporate and Business Law (LW): timed mock paper 1 — 180 minutes, 50 objective questions plus written and computational tasks
  • ACCA Study Support: Corporate and Business Law (LW): timed mock paper 2 — 180 minutes, 50 objective questions plus written and computational tasks

Lesson pages, assessed tasks and mock papers open the moment you join this programme. Teaching material is studied online; the notes you write are yours to download.

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