ACCA Corporate and Business Law (LW-GLO): study notes The global variant, area by area, with legal scenarios and quizzes.

1. 01A. Essential elements of legal systemsHow legal systems work and how international trade is regulated. You will compare the common law, civil law and Sharia law systems and their sources of law, explain the separation of powers and the divide between criminal and civil law, and see why conflict of laws led to the treaties, model laws and international bodies that harmonise trade law. The module ends with arbitration under the UNCITRAL Model Law and the New York Convention, alongside mediation and conciliation.4 lessons · 2h 25m+

   • Business, political and legal systems40 min
   • International trade, international legal regulation and conflict of laws40 min
   • Alternative dispute resolution50 min
   • Module 1 quiz15 min
2. 02B. International business transactionsThe UN Convention on Contracts for the International Sale of Goods from start to finish. You will decide when the Convention applies and when a contract is formed, use ICC Incoterms 2020 to split costs and risk between seller and buyer, and apply the obligations, remedies and risk rules that follow, including fundamental breach, avoidance, damages and exemptions.3 lessons · 2h+

   • The UN Convention on Contracts for the International Sale of Goods and ICC IncotermsFree preview50 min
   • The obligations of the seller and the buyer55 min
   • Module 2 quiz15 min
3. 03C. Transportation and payment of international business transactionsHow goods and money move in international trade. You will explain the bill of lading and other transport documents, bank transfers under the UNCITRAL Model Law on International Credit Transfers, and international bills of exchange and promissory notes under the UN Convention, then compare documentary collections, letters of credit under UCP 600 and letters of comfort by who bears the risk.2 lessons · 1h 10m+

   • Transport documents and means of payment55 min
   • Module 3 quiz15 min
4. 04D. The formation and constitution of business organisationsThe legal forms through which business is done. You will apply the law of agency to partners and directors, analyse the authority and liability of partners in unlimited and limited partnerships and LLPs, and explain separate legal personality, limited liability and when the veil of incorporation is lifted. The module ends by following a company through promoters, pre-incorporation contracts, registration, statutory records and its constitution.5 lessons · 3h 30m+

   • Agency law45 min
   • Partnerships45 min
   • Corporations and legal personalityFree preview45 min
   • The formation and constitution of a company60 min
5. 05E. Capital and the financing of companiesHow companies are financed and how the law protects their capital. You will compare the types of capital and the classes of shares, apply the rules on allotment, pre-emption and issues at a premium or discount, distinguish loan capital and fixed and floating charges with their registration and priority, and apply the capital maintenance rules on reductions of capital, buy-backs and distributable profits.4 lessons · 2h 40m+

   • Share capital50 min
   • Loan capital45 min
   • Capital maintenance and dividend law50 min
   • Module 5 quiz15 min
6. 06F. Management, administration and the regulation of companiesHow companies are run and held to account. You will distinguish the types of director, apply the rules on appointment, removal and disqualification, decide when directors bind the company, and apply directors' duties and the controls on their dealings with the company. You will then cover the company secretary and the auditor, and the rules on meetings, notice, voting and ordinary, special and written resolutions.4 lessons · 2h 35m+

   • Company directors55 min
   • Other company officers40 min
   • Company meetings and resolutions45 min
   • Module 6 quiz15 min
7. 07G. Insolvency lawWhat happens when a company can no longer go on. You will distinguish members' and creditors' voluntary liquidation from compulsory liquidation, apply the order in which a liquidator pays creditors and members, and explain administration as the rescue-focused alternative: its purposes, how an administrator is appointed, the moratorium, and the administrator's powers and duties.2 lessons · 1h 5m+

   • Insolvency and administration50 min
   • Module 7 quiz15 min
8. 08H. Corporate fraudulent and criminal behaviourThe crimes that can arise in and around companies, and how the law controls them. You will recognise insider dealing and market abuse, money laundering and the controls regulated businesses must operate, bribery and the corporate offences of failing to prevent bribery, tax evasion facilitation and fraud, and distinguish fraudulent trading from wrongful trading.2 lessons · 1h 10m+

   • Fraudulent and criminal behaviour55 min
   • Module 8 quiz15 min

• AEssential elements of legal systems
• BInternational business transactions
• CTransportation and payment of international business transactions
• DThe formation and constitution of business organisations
• ECapital and the financing of companies
• FManagement, administration and the regulation of companies
• GInsolvency law
• HCorporate fraudulent and criminal behaviour

Questions