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OpenLearn

Company law in context

via OpenLearn

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Overview

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The legal issues involved in setting up and running a business can be complex and confusing, especially when some of the terms used don't seem to have clear meanings. Company law in context is a free course from the College of Law, offering a basic introduction to the legal concepts of companies, partnerships, assets and liabilities.

Syllabus

  • Introduction
  • Learning outcomes
  • 1 General introduction to company law and practice
  • 1 General introduction to company law and practice
  • 1.1 ‘Company law’
  • 1.2 Law and context
  • 1.3 Wider aspects of business and company law
  • 1.4 Law, skills and learning outcomes
  • 2 Introductory concepts
  • 2 Introductory concepts
  • 2.1 Key themes and learning outcomes
  • 2.2 What is a ‘company’?
  • 2.3 What is a ‘business’?
  • 2.4What is ‘capital’?
  • 2.5 Review of learning outcomes
  • 3 Sole traders and partnerships as business mediums
  • 3 Sole traders and partnerships as business mediums
  • 3.1 Key themes and learning outcomes
  • 3.2 Forms of business organisation, or ‘business mediums’
  • 3.3 Sole traders
  • 3.2.1 What is a sole trader?
  • 3.3.2 Key characteristics of being a sole trader
  • 3.4 Partnership
  • 3.4.1 What is a partnership?
  • 3.4.2 Key characteristics of a partnership
  • 3.5 Review of learning outcomes
  • 3.5.1 Review of skills
  • 4 Reflection on this course
  • 4 Reflection on this course
  • Conclusion
  • Acknowledgements

Reviews

4.0 rating, based on 1 Class Central review

4.6 rating at OpenLearn based on 19 ratings

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  • Profile image for Vasundhra Kanwar
    Vasundhra Kanwar @Vasundhraclasscentral
    2
    This course is a concise and effective introduction to the basics of Company Law. It clearly explains the legal concepts surrounding companies, partnerships, assets, and liabilities. I liked how the content was structured—starting from definitions and context, and then gradually introducing practical examples. The explanations are simple and beginner-friendly, making it ideal for students, interns, or anyone new to corporate law.

    It’s self-paced, takes around 10 hours to complete, and comes with a free certificate, which is a big plus. I’d definitely recommend it to law students or anyone interested in business law basics.
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