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The Register of Regulated Qualifications

View Unit : Business Law

Unit
Unit Reference Number
R/601/1145
Qualification Framework
QCF
Title
Business Law
Unit Level
Level 5
Unit Sub Level
None
Guided Learning Hours
60
Unit Credit Value
15
Date of Withdrawal
SSAs
15.3 Business Management, 15.5 Law and Legal Services
Unit Grading Structure
Pass
Assessment Guidance

N/A

Learning Outcomes and Assessment Criteria
Learning Outcome - The learner will:Assessment Criterion - The learner can:
1

Be able to apply the main principles affecting the legal relationship between business organisations and their consumers

1.1

apply the legal rules on implied terms relating to the sale of goods and supply of services

1.2

apply the statutory provisions on the transfer of property and possession

1.3

evaluate the statutory provisions on buyer’s and seller’s remedies

1.4

apply product liability statutory provisions

2

Be able to apply the legal rules on consumer credit agreements and agency

2.1

differentiate between types of credit agreements

2.2

apply rules, termination rights and default notices in a given scenario

2.3

differentiate between the different types of agent

2.4

evaluate the rights and duties of an agent

3

Understand the legal rules relating to monopolies, mergers and anti-competitive practices

3.1

outline monopolies and anti-competitive practice legislation in the UK

3.2

explain the role of the Competition Commission within the context of monopolies and anti-competitive practices and the UK office of fair trading

3.3

define dominant positions within the EU common market

3.4

consider the application of EU exemptions to potentially anti-competitive practices

4

Know the key provisions relating to intellectual property rights

4.1

identify differing forms of intellectual property

4.2

outline the principles relating to the protection of inventions through patent rights and their infringement in a given business scenario

4.3

describe the principles relating to copyright protection and their infringement in a given business scenario

4.4

compare and contrast the protection of trade marks and business names

Equivalent Units
There are no equivalences to display.
2.4.6.0L