Factors to be considered in forming a business organization
meaning of separate legal entity
Unincorporated firm VS incorporated firm(aspects)
public firm VS private firm
limited by shares vs limited by guarantee
perpetual succession means..
exceptions for sole traders and partnerships: partnerships can have more then 20 parnters if...; there can be perpetual continuity for partnerhship that...;
definition of private company
In case of a limited liability company, the company name must ..... ;Under what situations can you abandon the word “limited”?; usually ... satisfy this requirement
The standard clauses of Memorandum of Association:
to increase the level of authorized share capital, the board needs to..
Under what situations will the registrar reject your chosen name?
incorporation formalities: ....; Upon submission and verification of the above documents, the Registrar will issue a ... to the company, which will be a … of the companies existence
Articles of Association VS Memorandum of Association
Articles creates a contract between..
to pass ordinary resolution, the motion must gain ... votes; to pass special resolution, the motion must get ... votes
which form of company can solicitor and barrister take?
separation of ownership and management: in a partnership:...; in a company:...
Advantages of partnership
Disadvantages of partnership
Advantages of ltd co.
Disadvantages of ltd co.
validity of floating charge upon liquidation - the rules
validity of floating charge upon liquidation - the purpose
priority of charges
legal action that an unsesured creditor can undertake in debtor's liquidation
fraudulent preference before 1998 VS after 1998
element of unfair preference
fraudulent preference timing rules