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Business LawUnit aims To develop knowledge of some of the main aspects of business law that the learner may encounter as a manager in a business. Learning outcomes1 Be able to apply the main principles affecting the legal relationship between business organisations and between their consumers1.1 Apply the legal rules on implied terms relating between to the sale of goods and supply of services1.2 Apply the statutory provisions on the transfer of property and possession1.3 Evaluate the statutory provisions on buyer’s and seller’s remedies1.4 Apply product liability statutory provisions2 Be able to apply the legal rules on between consumer credit agreements between and agency2.1 Differentiate between types of credit agreements2.2 Apply rules, termination rights and default notices in a given scenario2.3 Differentiate between the different types of agent2.4 Evaluate the rights and duties of an agent3 Understand the legal rules relating to between monopolies, mergers and between anti-competitive practices3.1 Outline monopolies and anti-competitive practice legislation in the UK3.2 Explain the role of the Competition Commission within the context of monopolies and anti-competitive practices and the UK office of fair trading3.3 Define dominant positions within the EU common market3.4 Consider the application of EU exemptions to potentially anti-competitive practices4 Know the key provisions relating to between intellectual property rights4.1 Identify differing forms of intellectual property4.2 Outline the principles relating to the protection of inventions through patent rights and their infringement in a given business scenario4.3 Describe the principles relating to copyright protection and their infringement in a given business scenario4.4 Compare and contrast the protection of trademarks and business names
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