Fundamentals of Business Law - Revised
Learn important business law principles for the most common types of businesses with this free online course.
Take this certificate on your own.
Start now and learn at your own pace.
CertificationView course modules
Every business owner should have at least some understanding of the principles of business law. This course offers the much-needed knowledge that every businessman will find useful in setting up a business. It covers the topic of a sole proprietorship, general partnerships, limited partnerships, and incorporations. In a step by step manner, the course will guide you through the legal requirements, legal recommendations, financial status, taxation, and liability related to the most common types of businesses.
The course will then tackle the important business law principles in a sole proprietorship which is the simplest type of business ownership. Then you will look into a general partnership. This is a business owned by two or more persons and, just like a sole proprietorship, provides no protection against liability to the owner. Finally, you will study the laws that encompass a corporation, where the owners are the shareholders and are not liable for debts.
Understanding the principles of business law will help you set up the right structure and choose the right ownership for your company. This free online course will be of interest to business professionals and law students who would like a greater knowledge and understanding of business laws. With the adequate information provided in the course, your business will run much more smoothly. Check out the course today and learn which type of business structure is the right one for you in just a few hours!
Introduction to Business Law, Business Structures and the Operations of businesses.
Introduction to Business Law - Learning Outcomes
Principles of Business Law
Principles of Business Law - Review
Introduction to Business Law - Lesson Summary
After studying this course you will:
- List the important principles of business law
- Discuss the principle of sole proprietorship
- Describe the principle of partnerships
- Outline the principle of incorporation
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certificates for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping
All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.