|
| Module Availability |
|
Semester 1 and Semester 2
|
|
|
|
| Assessment Pattern |
|
Unit(s) of Assessment
|
Weighting towards Module Mark (%)
|
|
Assessment: Individual coursework of a mainly technical nature but involving some essay writing
|
20%
|
|
Exam: 2 hour closed-book examination
|
80%
|
|
Qualifying Condition(s)
In order to achieve the threshold standard for the award of credits for this module, the student must be able to write essays and carry out exercises requiring explanation and application of the concepts and techniques mentioned in the learning outcomes above. The explanations must convey an adequate level of conceptual understanding, and the application of techniques is intended to test that the understanding can be successfully applied in problem solving.
To pass this module the student will demonstrate a familiarity with Law and Ethical Regulations, but whose attempts to organise, present and examine the material in a critical and constructive manner are only partially successful.
|
|
|
|
| Module Overview |
|
This course provides an opportunity for students following the Accounting and Financial Management pathway, and others interested and perhaps considering a career in Financial Management, Accounting, Banking or some such field, to learn about the law and ethical regulations. The focus is both in and internationally accepted rules and practices
|
|
|
|
| Prerequisites/Co-requisites |
|
Co-requisites: Fundamentals of Ethics, Corporate Governance and Business Law
|
|
|
|
| Module Aims |
|
· To discuss the framework of professional values, ethics and attitudes for exercising professional judgement and acting in an ethical manner, that is in the best interests of society and the profession
· To explain fundamental aspects of the organisation and operation of the English legal system and compare and contrast is with other legal systems
· To apply legal knowledge to solve business problems
|
|
|
|
| Learning Outcomes |
|
On successful completion of this module the students will be able to:
· explain the need for a framework of laws, regulations and standards in business and their application
· identify the difference between detailed rules-based and framework approaches to ethics
· explain the need for continual personal improvement and life long learning
Transferable Skills
· To provide a substantial course in Company Financial Reporting at a level appropriate to level 2 of an undergraduate degree in management studies of a generalist nature with an emphasis on Financial Management
|
|
|
|
| Module Content |
|
Ethical Conflict:
· Relationship between ethics, governance, the law and social responsibility
· Unethical behaviour
· Ethical dilemmas and conflicts of interest
Comparison of English Law:
· The sources of English Law
· The system of judicial precedent
· The essential elements of the tort of negligence, including duty, breach and damage/loss/injury and the liability of professionals in respect of negligent advice
· Alternative legal systems, including codified (civil law) systems, Sharia Law and international legal regulations
The Law of Contract
· The essential elements of valid simple contract
· The legal status of statements made by negotiating parties. Enforceable offers and acceptances, and the application of the rules to standard form contracts using modern forms of communication and the role of consideration
· The principles for establishing that the parties intend their agreement to have contractual force and how a contract is affected by a misrepresentation
· Incorporation of express and implied terms, conditions and warranties
· The main provisions of sale of goods and supply of services legislation
· The manner in which the law controls the use of exclusion clauses and unfair terms in consumer and non-consumer transactions
· The level of performance sufficient to discharge contractual obligations
· Valid reasons for non-performance by way of agreement, breach by the other party and frustration
· The remedies of specific performance, injunction, rescission and requiring a contract party to pay the agreed price
· Causation and remoteness of damages, and their quantification
· The tests used to distinguish an employee from an independent contractor
· The express and implied terms of a contract of employment
· Unfair and wrongful dismissal
· An outline of the main rules relating to health and safety at work, sanctions on employers for non-compliance, and remedies for employees.
|
|
|
|
| Methods of Teaching/Learning |
|
The learning outcomes include:
· explain the manner in which behaviour within society is regulated by the civil and criminal law
· identify and explain the sources of English law
· illustrate the operation of the doctrine of precedent by reference to the essential elements of the tort of negligence and its application to professional advisers
· compare and contrast the elements of alternative legal systems, Sharia Law and the role of international legal regulations
Assessment Strategy:
|
|
|
|
| Selected Texts/Journals |
|
Essential
Reading
Harris, P. An Introduction to Law.
Cambridge
University Press. ISBN: 052160603.
Recommended
Reading
Cheeseman, H. Introduction to law. Prentice Hall. ISBN 0131123734.
Background
Reading
Akehurst, M. A Modern Introduction to International Law. Routledge. ISBN: 041511120X.
Partington, M. Introduction to English Legal System.
Oxford
University Press. ISBN: 0199278296.
|
|
|
|
| Last Updated |
| 05/08/2010 |
|
