Module Title:Business Law for Accountants
Language of Instruction:English
Credits: 10
NFQ Level:6
Module Delivered In 2 programme(s)
Teaching & Learning Strategies: Lectures - communication of knowledge and ideas from the lecturer to the student. Problem Solving Exercises - student will work as part of a team and will work together to resolve various legal scenarios. Class Discussion/Debate - Students will be encouraged to actively participate in the class sessions which will develop their analytical and communication skills. E-Learning - It is envisaged that the module will be supported with on-line learning materials. Self-Direct Independent Learning - the emphasis on independent learning will develop a strong and autonomous work and learning practices.
Module Aim: The aim of this module is to provide students with a comprehensive introduction to the Irish legal system and a sound working knowledge of the basic principles of contract law, tort law, land law, company law, and the law relating to personal bankruptcy.
Learning Outcomes
On successful completion of this module the learner should be able to:
LO1 Demonstrate a sound understanding of the basic structure of the Irish legal system, sources of law and the structure of government
LO2 Describe and explain the fundamental principles of contract law, sale of goods law, and tort law
LO3 Describe and explain the main principles of company law
LO4 Describe and explain the basic principles of land law
LO5 Describe and explain the basic legal principles relating to personal insolvency and bankruptcy
LO6 Access and utilise both paper and electronic sources of legal information for research purposes
Pre-requisite learning
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.
7265 LAWS H1302 Business Law
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed.
No requirements listed
 

Module Content & Assessment

Indicative Content
THE IRISH LEGAL SYSTEM (15%)
• Definition and Classification of law • Sources of Irish Law • Common Law and precedent • Legislation – types and legislative process • Constitution – Separation of Powers and Fundamental Rights. • EU law – sources and institutions.
THE LAW OF CONTRACT (15%)
• Formation of contract • Contract Terms • Validity of Contracts –vitiating factors; • Discharge of contract; • Remedies for breach of contract; • E-Commerce and electronic contracts.
TORT LAW (15%)
• Negligence simpliciter and vicarious liability • Negligent misstatement • Professional negligence and disclaimers • Liability for Defective Products • Remedies
ASPECTS OF COMMERCIAL LAW (10%)
• Sale of Goods and Supply of Services Law • Unfair Terms Regulations • Consumer Credit Act 1995 - HP, Credit Transactions
INTRODUCTION TO COMPANY LAW (15%)
• Different Forms of Business Organizations • Company Formation • Separate Legal Personality and Limited Liability • Directors’ Duties and Obligations • Receivership, Examinership, and Liquidations • Office of the Director of Corporate Enforcement - Restriction and Disqualification
DATA PROTECTION LAW (10%)
• Statutory Basis for Data Protection Law - GDPR and Data Protection Act 2018 • Data Controllers and Data Processors • Legal Obligations of Data Controllers - Accountability Principle • Rights of Data Subjects • Consent • Breach - Notification Requirements • Enforcement - Data Protection Commission
PRINCIPLES OF LAND LAW (10%)
The meaning of property and interest in land; Distinction between ownership and possession; Distinction between legal and equitable interests; Possessory Interests; Meaning of freehold, fee simple, life estate and the effect of Land and Conveyancing Law Reform Act 2009; Relationship of Landlord and Tenant; Lease-licence distinction; Meaning of assignment and sub-letting; Basic distinctions between joint tenancy and tenancy in common; Nature of a mortgage; Meaning of adverse possession and limitation
PERSONAL INSOLVENCY AND BANKRUPTCY LAW (10%)
The role of Debt Relief Notices (DRNs), Debt Settlement Arrangements (DSAs) and Personal Insolvency Arrangements (PIAs); the main provisions of Personal Insolvency Act 2012 and the Personal Insolvency (Amendment ) Act 2015; the role of the Insolvency Service of Ireland in administering DRNs, DSAs, PIAs, and bankruptcy procedures; the role of Personal Insolvency Practitioners (PIPs)
Assessment Breakdown%
Continuous Assessment40.00%
End of Module Formal Examination60.00%
Continuous Assessment
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Other A written unseen or "take home" examination which will be given in term one and will require candidates to apply their knowledge and problem-solving skills in answering one or more essay and/or problem question(s). The answer(s)/solution(s)/findings may be presented in writing, orally, or both. 1,2,6 10.00 n/a
Other A written unseen or "take home" examination which will be given in term one and will require candidates to apply their knowledge and problem-solving skills in answering one or more essay and/or problem question(s). The answer(s)/solution(s)/findings may be presented in writing, orally, or both. 1,2,6 10.00 n/a
Other A written unseen or "take home" examination which will be given in terms one or two and will require candidates to apply their knowledge and problem-solving skills in answering one or more essay and/or problem question(s). The answer(s)/solution(s)/findings may be presented in writing, orally, or both. 1,2,6 10.00 n/a
Other A written unseen or "take home" examination which will be given in terms one or two and will require candidates to apply their knowledge and problem-solving skills in answering one or more essay and/or problem question(s). The answer(s)/solution(s)/findings may be presented in writing, orally, or both. 1,2,6 10.00 n/a
No Project
No Practical
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 1,2,3,5,6 60.00 End-of-Semester

SETU Carlow Campus reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Frequency Average Weekly Learner Workload
Contact Hours 12 Weeks per Stage 6.00
Independent Learning Time 15 Weeks per Stage 11.87
Total Hours 250.00
Workload: Part Time
Workload Type Frequency Average Weekly Learner Workload
Lecture Every Week 3.00
Independent Learning Time Every Week 15.00
Total Hours 18.00
 

Module Delivered In

Programme Code Programme Semester Delivery
CW_BBACT_B Bachelor of Arts (Honours) in Accounting 2 Mandatory
CW_BBCAA_C Higher Certificate in Accounting 2 Mandatory