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Be able to apply the main principles affecting the legal relationship between business organisations and their consumers
apply the legal rules on implied terms relating to the sale of goods and supply of services
apply the statutory provisions on the transfer of property and possession
evaluate the statutory provisions on buyer’s and seller’s remedies
apply product liability statutory provisions
Be able to apply the legal rules on consumer credit agreements and agency
differentiate between types of credit agreements
apply rules, termination rights and default notices in a given scenario
differentiate between the different types of agent
evaluate the rights and duties of an agent
Understand the legal rules relating to monopolies, mergers and anti-competitive practices
outline monopolies and anti-competitive practice legislation in the UK
explain the role of the Competition Commission within the context of monopolies and anti-competitive practices and the UK office of fair trading
define dominant positions within the EU common market
consider the application of EU exemptions to potentially anti-competitive practices
Know the key provisions relating to intellectual property rights
identify differing forms of intellectual property
outline the principles relating to the protection of inventions through patent rights and their infringement in a given business scenario
describe the principles relating to copyright protection and their infringement in a given business scenario
compare and contrast the protection of trade marks and business names