• ## Essential Units for RQF Business Law Diploma **Impairment of Contractual Rights
• Impossibility of Performance: Failure to fulfill contractual obligations * Frustration of Contract: Breach of contract by the other party * Duress: Unreasonable delay in fulfilling contractual obligations * Misrepresentation: False or misleading statements that mislead the other party **Impairment of Performance
• Lack of Due Diligence: Failure to conduct proper research and due diligence * Negligence: Failure to act with care and diligence * Inadequate Training: Lack of necessary skills and knowledge * Inadequate Resources: Insufficient financial, human, or technological resources **Dispute Resolution
• Negotiation: Direct communication between parties to reach an agreement * Mediation: Third-party facilitation to facilitate communication and reach an agreement * Arbitration: Binding dispute resolution through a neutral third party * Litigation: Taking legal action to enforce contractual rights **Negotiation and Dispute Resolution Skills
• Active Listening: Demonstrating empathy and understanding * Effective Communication: Clear and concise expression of ideas * Persuasive Negotiation: Ability to convince others to see the other party's perspective * Negotiation Strategies: Different approaches to resolving disputes **Legal Framework
• Common Law: Traditional legal system based on precedent and judge-made decisions * Statute Law: Legislative framework governing specific subjects, such as contracts or employment * Constitutional Law: Highest law that protects fundamental rights and freedoms **Legal Research and Writing
• Legal Research: Identifying relevant legal sources and case law * Legal Writing: Clear and concise presentation of legal arguments and evidence **Legal Ethics and Professional Responsibility
• Conflicts of Interest: Avoiding situations where personal interests interfere with professional duties * Confidentiality: Maintaining confidentiality of client and confidential information * Objectivity: Maintaining a neutral and impartial mindset in legal matters **Legal Research and Writing Skills
• Legal Research: Identifying relevant legal sources and case law * Legal Writing: Clear and concise presentation of legal arguments and evidence * Legal Argumentation: Constructing logical and persuasive arguments * Legal Research Tools: Utilizing legal databases and online resources **Legal Drafting and Advocacy
• Memorandum of Association: Document outlining the company's purpose and objectives * Contract: Agreement between two or more parties * Letter of Intent: Informal communication outlining terms of a proposed deal * Advocacy: Presenting arguments and advocating for a specific position or course of action

Assessment

The assessment is done via submission of assignment. There are no written exams.