ACCA LW case studies
ACCA LW · Put your knowledge to work in context.
Corporate and Business Law (LW) - historically known within ACCA's Fundamentals level as F4 - is one of the applied knowledge exams in the ACCA Qualification. ACCA describes its aim as developing "knowledge and skills in the understanding of the general legal framework, and of specific legal areas relating to business, recognising the need to seek further specialist legal advice where necessary." That wording signals the exam's character: it is a foundation-level law paper written for future accountants, not for lawyers. The ACCA LW case studies are 5 cases and about 2,666 words.
1The Supply Contract and the Unforeseen Price Surge
In January, Company A contracted with Company B to supply 10,000 units of a specialised component at £50 per unit, with delivery scheduled for July. The contract contained no price adjustment clause.
647 words, about 3 min2The Director's Conflict of Interest
Sarah is a director of GreenTech Ltd, a company specialising in renewable energy solutions. In March, GreenTech's board considered a proposal to acquire a new solar panel technology from a startup, SunPower Innovations.
560 words, about 3 min3The Exclusion Clause and the Negligent Installation
BuildCo Ltd contracted with HomeOwner to install a new heating system. The contract, signed by HomeOwner, contained a clause: 'BuildCo Ltd shall not be liable for any loss or damage arising from the installation, howsoever caused.' During installation, BuildCo's employee negligently damaged a water pipe, causing extensive flooding and £20,000 of damage to HomeOwner's property.
516 words, about 3 min4The Employee's Breach of Fiduciary Duty
James was employed as a senior sales manager at TechSolutions Ltd. His employment contract included a clause restricting him from soliciting former clients for 12 months after termination.
478 words, about 2 min5The Partnership's Liability for a Partner's Negligence
Alex, Ben, and Chris are partners in a small accounting firm, ABC Partners. The partnership agreement is silent on liability for negligence.
465 words, about 2 min