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LW: Corporate and Business Law

LW (Corporate and Business Law) covers the essential legal framework relevant to business, including contract law, employment law, company formation and constitution, capital and financing, corporate governance, and insolvency. LW is unique among Applied Skills papers as it is available on demand as a 2-hour computer-based exam. You need 50% to pass.

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8 topics

Frequently asked questions

3 questions
What topics are covered in ACCA LW?

LW covers eight areas: essential elements of the legal system, the law of obligations, employment law, formation and constitution of business organisations, capital and financing of companies, management and administration of companies, insolvency law, and corporate fraudulent and criminal behaviour.

Is LW available on demand?

Yes, unlike other Applied Skills papers, LW is available on demand as a computer-based exam at Pearson VUE centres. This means you can sit it whenever you feel ready, without waiting for a quarterly exam session.

Which variant of LW does ACCA Prep cover?

ACCA Prep covers the English law variant (LW-ENG), which is the most commonly sat variant in the UK. LW has country-specific variants for different jurisdictions.