Module details for Business Organisations


This module deals with the law relating to companies and partnerships.


To identify and examine the principles of Scots commercial law in relation to partnership and corporate law

Learning Outcomes

By the end of this module the student should be able to:

1.  Formulate structured and referenced written responses which evaluate conflicting issues to defined corporate law issues

2.  Evaluate partnership, companies and other business vehicles, and critically assess the factors influencing the choice of business organisation;

3.  Critically assess the principles of formation, operation and termination of corporate bodies

4.  Demonstrate skills of analysis and synthesis applying legal principles to provide solutions to defined problems in the area of partnership and corporate law corporate law

Indicative Content

1 1. The Law of Partnership

Definition, relationship between partners and between partners and third parties, limited partners, limited liability partnerships.

2 2. Incorporation

Organisation of business in the UK, registration, promoters, separate legal personality, piercing the veil, minority protection.

3 3.Company Officers

Directors, role, and duties; auditors, role and duties; company secretary, role and duties.

4 4. Shares and share capital

Allotment and transfer of shares; maintenance of capital; repurchase and reduction of shares, dividends

5 5. Unfair prejudice and derivative proceedings

Shareholders’ rights in the face of unfairly prejudicial conduct; shareholders’ rights against directors

6 Insider dealing, meetings

Insider dealing and its prevention; market abuse. Shareholder democracy and decision-making

7 Corporate insolvency

Receiverships, administration orders, liquidation and company voluntary arrangements

Teaching and Learning Work Loads

Teaching and Learning Method Hours
Lecture 26
Tutorial/Seminar 13
Practical Activity 0
Assessment 40
Independent 121
Total 200

Guidance notes

SCQF Level - The Scottish Credit and Qualifications Framework provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.

Credit Value – The total value of SCQF credits for the module. 20 credits are the equivalent of 10 ECTS credits. A full-time student should normally register for 60 SCQF credits per semester.


We make every effort to ensure that the information on our website is accurate but it is possible that some changes may occur prior to the academic year of entry. The modules listed in this catalogue are offered subject to availability during academic year 2021/22 , and may be subject to change for future years.