Online Business Law Course

Take the complexity out of business law and make sure your business is on its side. This course is intended to fill you in on the important areas of business law, including the sale of goods, credit and hire agreements, product liability, and more.

When it comes to business, owners and managers should understand that it is not just sales and profits that matter. They also have the obligation to fairly interact with consumers and ensure they are providing products or services that are true to their claims. Likewise, they have the responsibility to operate in a manner that is both legal and ethical to avoid disputes and minimise exposure to costly litigation. This is why a good background in business law is an integral aspect of business ownership and management.

Simply put, business law is the legal framework under which businesses operate in. It encompasses a wide variety of disciplines, including trading structures and business ownership, contracts, employment, and environment and consumer protection. While business law regulates business activities, it is also necessary to protect both consumers and businesses from harmful practices. As such, knowing what it is and how it works is essential to help businesses move to the right direction.

This Online Business Law course will give you a generalist view of the legal frameworks that underpin business operations in the UK. It will introduce you to the British legal system, going over its structure and court types and explaining the differences between common, civil, and business law. It will also thoroughly discuss many of the laws that affect a business, including the supply of goods and services act, consumer credit act, and regulations and acts related to marketing and advertising. Other important topics that will be covered within include product liability, duty of care, banking regulations, and insurance.

Course Units

Unit 1: Introduction to the British Legal System

• Understanding Common, Civil, and Business Law
• Court Structure and Types

Unit 2: Information on Sales of Goods and Supply of Services

• Parliamentary Act on the Sale of Goods
• Supply of Goods and Services Acts: Application and Essential Clauses

Unit 3: Getting Up to Speed on Consumer Credit and Hire

• What Credit and Hire Agreements are Underpinned by the Consumer Credit Act of 1974?
• Restriction of Remedies Related to Default

Unit 4: Knowing the Legal Boundaries of Marketing and Advertising

• Different Ways to Validate Promotions and Price Claims
• Regulations and Act Governing Different Advertising Channels

Unit 5: Understanding Product Liability

• Distinguishing Contractual Liability from Negligence Liability
• What Burden of Proof and the Plea of Res Ipsa Loquitu Mean

Unit 6: Digging Into Professional Negligence

• Economic Loss and Its Primary Causes
• Figuring Out the Hedley Byrne Principle and Duty of Care

Unit 7: Legal Regulations That Apply to the Business of Banking

• Defining Bank, Customer, and Bank-Customer Relationship
• Outlining the Duties and Responsibilities of Both Banks and Customers

Unit 8: The Business of Insurance

• Identifying Different Insurance Types
• Information Disclosure and Nondisclosure and Its Associated Obligations

Expected Learning Outcomes

At the end of this course, you will be able to:

• Become familiar with the British legal system, understanding its structure and court types and how it works.
• Know the meaning and value of business law and what sets it apart from common and civil law.
• Understand some of the most important legal frameworks that support business operations, including their key points and how they protect consumers and businesses alike.
• Know your rights as a consumer or business owner.
• Be on the side of the law in the event that you decide to put up and run your own business.