What the subject is about
Commercial and corporate practice involves transactions covering a broad range of business and financial activity.
This subject covers the law, practice and procedure which will enable you to act for, and advise, clients competently in a range of non-litigious commercial and corporate matters including:
the sale and purchase of business assets
establishing, and advising on, different commercial entities
the revenue aspects of transactions
the financing of transactions.
Subject aim
The aim is to assist you to become competent in the following elements of commercial and corporate practice:
Conducting commercial transactions.
Setting up commercial structures.
Advising on revenue law and practice.
Dealing with loans and securities.
Acting in commercial and corporate matters.
Subject objectives
At the end of this subject you will be able to demonstrate competence in each element of commercial and corporate practice.
Element 1 Conducting Commercial Transactions.
Unit 1 Advising on Commercial Transactions
Unit 2 Advising on a Sale and Drafting Documents
Unit 3 Advising on a Purchase and Investigating Title
Unit 4 Finalising the Transaction
Element 2 Setting up Commercial Structures
Unit 5 Advising on Commercial Structures
Unit 6 Documenting the Structure
Element 3 Advising on Revenue Law and Practice
Unit 7 Advising on Revenue Implications of Commercial Practice
Element 4 Dealing with Loans and Securities
Unit 8 Advising on Securities and Financial Transactions
Unit 9 Documenting Securities and Financial Transactions
Element 5 Acting in Commercial and Corporate Matters
Unit 10 Acting in Commercial and Corporate Transactions in Practice
Assessment method & value
2 hour open book written exam onsite - 60%
Assessment by Panel of Review onsite of selected file - 40%