StudyPath

PSM 415 Legal Aspects of Procurement and Supply

HND2 levelManagement & Administration8 topics

PSM 415 covers 8 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

Study PSM 415 on StudyPath

Free for every student. No card.

Course outline

The topics this course covers, in teaching order.

  1. Nature and types of business organizations
  2. Legal formation of companies
  3. Sole proprietorships, partnerships and cooperatives
  4. Memorandum and articles of association
  5. Prospectus, holding and subsidiary companies
  6. Business capital: equity, shares and debentures
  7. Contract law in procurement and supply chain management
  8. Public Procurement Act 2007

A sample from this course

One topic, as StudyPath teaches it.

Nature and types of business organizations

Business organisations are the legal structures through which commercial activities are carried out; they determine ownership, liability, tax treatment and continuity. Knowing the nature and types of organisations—sole proprietorship, partnership, limited liability company, corporation, cooperative and joint‑venture—is essential for procurement managers to assess risk, negotiate contracts and comply with statutory…

What you get for PSM 415