ACCA LWGLO - Corporate and Business Law (GLO) - Free 7 Day Preview
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What You’ll Learn in ACCA Corporate and Business Law (LW) (Global)
The ACCA Corporate and Business Law (LW) (Global) exam introduces you to the essential principles of business and corporate law that govern the professional and commercial world. You’ll develop an understanding of how legal systems operate internationally, how contracts are formed and enforced, and how businesses are structured and managed within a legal framework.
By studying LW (GLO), you’ll gain the legal awareness and analytical skills needed to identify potential issues, protect business interests, and apply legal principles confidently in a global business environment.
Essential Elements of the Legal System
Learn about the structure and operation of legal systems across different jurisdictions, including the sources of law, court hierarchies, and alternative dispute resolution.
The Law of Obligations – Contract
Understand how contracts are formed, the legal principles governing offer and acceptance, consideration, terms, breach, and remedies available for non-performance.
The Law of Obligations – Tort
Explore the concept of civil wrongs, including negligence, duty of care, and liability for loss or damage in a business context.
Employment Law
Study the key legal principles governing the employer-employee relationship, including contracts of employment, dismissal, and workplace rights.
Formation and Constitution of Business Organisations
Understand how different forms of business — such as partnerships and companies — are created, structured, and governed under global legal principles.
Capital and the Financing of Companies
Learn the legal rules surrounding company capital, the issue of shares and debentures, and the maintenance and alteration of capital structures.
Management, Administration, and Regulation of Companies
Examine the roles and duties of company directors and secretaries, shareholder rights, and the mechanisms for effective corporate governance and compliance.
Insolvency and Dissolution
Gain insight into the legal processes of corporate insolvency, liquidation, and dissolution, including the rights of creditors and duties of directors.