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LAW702 Company Law and Practice (Y/650/6749) Assignment Brief 2026

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LAW702 Assignment Brief

Qualification Qualifi Level  7 Diploma in Law – 610/2558/6
Unit Number 702
Unit Title LAW702: Company Law and Practice
Unit Reference Y/650/6749
Credits 15
TQT 150
GLH 60

Assignment Aim

This unit covers the key principles of corporate law in England and Wales. Learners will be introduced to the concept of the company as a separate legal entity before considering limited liability, the corporate veil, a company’s constitution, as well as the role of directors who manage a company on a day-to-day basis and shareholders who have invested in the business.

Learners are introduced to the internal processes and procedures that need to be followed within a company, together with associated reporting requirements and liaison with Companies House. Learners will be encouraged to think critically about legal issues.

Learning Outcomes and Assignment Criteria

Learning Outcomes

When awarded credit for this unit, a learner will:

Assessment Criteria

Assessment of this learning outcome will require a learner to demonstrate that they can:

1. Understand the fundamental principles, rules and institutions that constitute the main legal framework for the operation of companies in England and Wales. 1.1 Analyse the ways in which legal principles, rules and institutions affect the operation of companies.

1.2 Evaluate the concept of a company as a separate entity and its constitution.

1.3 Analyse the concept of limited liability and its consequences.

1.4 Evaluate the roles and responsibilities of company directors and shareholders and the concept of the “corporate veil”.

2. Be able to resolve hypothetical scenarios and theoretical questions relating to company law in England and Wales. 2.1 Analyse the value and accuracy of primary and secondary sources of legislation.

2.2 Evaluate the potential consequences of minority protection.

2.3 Evaluate the implications of majority rule.

3. Be able to undertake complex analysis of legal issues and related problems. 3.1 Identify accurately issues that require discussion and obtain relevant expert advice.

3.2 Rank and collate issues in terms of relevance and importance.

3.2 Synthesise issues according to substantive Company Law and Practice problems.

3.3 Analyse the implications of legal issues and related problems.

3.4 Justify their analysis and conclusions.

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