1. Define and analyse the operation of commercial law in practice, involving identification of client rights; the legal requirements for setting-up commercial structures and carrying-out commercial transactions. 2. Identify options with respect to business asset financing and revenue implications of commercial transactions and communicate them to a client in a way in which they could be understood and acted upon. 3. Practise the process of purchasing a business and acting in the interests of a client in such transactions. 4. Appraise the processes involved in the purchase of a business and the role of a solicitor in the preparation of documents necessary for the carrying into effect of the transaction.