This book will develop a thorough knowledge and understanding of business law and practice as it is assessed as part of SQE 1. It is a clear and concise overview of the subject and is split into two parts, the first part dealing with business law and practice and the second exploring principles of taxation relevant to businesses and their stakeholders. The guide provides plenty of opportunities for testing functioning legal knowledge as defined by SQE1, and applying relevant legal principles appropriately to SQE-style single best answer multiple-choice questions.