Commercial Transaction - QLTS Module

In this module, participants will be learning how to handle and progress basic business transactions arising during the life and development of a business.

The Learning Outcomes of this core practice area are: -

  • Progress common business transactions and advise and take steps relating to the business’s on-going operations
  • Advise on entering into contracts on behalf of the business (including issues arising from contracts in which directors have an interest)
  • Advise on steps to protect the assets of the business
  • Advise on issues arising from basic finance and lending
  • Draft notices, agendas and minutes of meetings and complete and file routine statutory forms and maintain and up-date statutory books
  • Advise on taxation of profits (income and capital) generated and distributed by the business
  • Demonstrate the appreciation of the continuing duties, obligations and liabilities of the business and of its partners, directors and shareholders
  • Advise on the options for and claims arising on insolvency (eg bankruptcy, winding up and administration)
  • Draft and review documentation to give effect to transactions

Following the completion of this module, participants will be able to

(a)  to learn the law relating to common commercial transactions;

(b)  to use legal principles to solve problems arising from those transactions; and

(c)  to advise clients about those problems in a straightforward, business-like manner.

Topics include:-

  1. Types of Personal Property
  2. Transfer of Possession
  3. Bailment
  4. Transfer of Ownership
  5. Supply of Personal Property
  6. Convention of International Sale of Goods (Vienna Convention) Article 67,68,69
  7. UNIDROIT Principles – Incoterms
  8. Finance
  9. Risk Management and Risk Allocation (Security, Reservation of Title, Insurance, Subrogation)
  10. Negotiable Instruments – Bills of Exchange, Cheques

For further details or join the mailing list, send an email to Details for courses in 2017 will be available soon.


Make a free website with Yola