ICAB CL Business Law study plan

Map the entire Business Law syllabus into a one-page outline showing every unit and sub-topic so nothing is left unstudied

Define the core terminology of contract formation (offer, acceptance, consideration, intention, capacity) in your own words without referring to notes

Distinguish an offer from an invitation to treat and record at least five everyday commercial examples of each

Identify the rules on communication and revocation of offers and state when acceptance becomes effective

Explain the doctrine of consideration and identify situations where consideration is absent or past

Apply the rules on intention to create legal relations to commercial and domestic scenarios

Describe how capacity and legality of object affect the enforceability of an agreement

Classify terms as conditions, warranties or innominate terms and state the remedy for breach of each

Explain misrepresentation and distinguish it from innocent misstatement, duress and undue influence

Outline the remedies available for misrepresentation and for breach of contract, including damages and specific performance

Describe the rules on exclusion clauses and how the courts test their incorporation and reasonableness

Summarise the effect of illegality and mistake on a contract

Explain how a contract is discharged by performance, agreement, frustration and breach

State the consequences of frustration and the limits of the doctrine

Describe the remedies of damages, quantum meruit and specific performance and when each is available

Apply the rules on remoteness and mitigation of loss to a fact pattern

Summarise the law of agency, including creation, authority and termination of an agent's power

Explain the duties of an agent to the principal and the principal's duties to the agent

Describe the main types of business organisation and the liability position of each

Outline the essential features of a company, including separate legal personality and limited liability

Explain the formation and constitution of a company, including the memorandum, articles and shareholder agreements

Describe the roles and duties of directors and the consequences of breach of duty

Outline the rules on share capital, distributions and the raising of finance

Summarise insolvency and winding up, including the priority of creditors

Explain the core principles of the law of tort, including negligence, duty of care and breach

Apply the rules on causation and remoteness of damage in negligence

Describe vicarious liability and the liability of employers for acts of employees

Outline the torts of nuisance, trespass and defamation at a level sufficient for the syllabus

Revise every weak area identified in earlier mocks and rewrite each error as a one-line rule

Complete two full timed mock papers under exam conditions and mark them strictly

Practise structuring answers using issue, rule, application and conclusion so each answer opens with the legal issue

Consolidate a final one-page summary sheet of the whole syllabus for last-day revision