Business Law and Practice 2022/2023 : Legal Practice Course Guides (LPC).

By: MavrikakisMaterial type: TextTextPublisher: Bristol : College of Law Publishing, 2022Copyright date: �2022Edition: 1st edDescription: 1 online resource (1117 pages)Content type: text Media type: computer Carrier type: online resourceISBN: 9781915469113Genre/Form: Electronic books.Additional physical formats: Print version:: Business Law and Practice 2022/2023DDC classification: 346.4207 Online resources: Click to View
Contents:
Intro -- Title Page -- Copyright Page -- Preface -- Contents -- Table of Cases -- Table of Statutes -- Table of Secondary Legislation -- Table of Abbreviations -- Part I: Starting a Business -- Chapter 1: The Different Types of Business -- 1.1 Introduction -- 1.2 Incorporated and unincorporated businesses -- 1.3 Sole trader -- 1.4 Partnership -- 1.5 Limited partnership -- 1.6 Contractual co-operation -- 1.7 Company -- 1.8 Unlimited company -- 1.9 Limited company -- 1.10 Other types of company -- 1.11 Limited liability partnership -- 1.12 UKEIG -- 1.13 What type of business is best? -- 1.14 Changing the type of business -- 1.15 Practical considerations -- Chapter 2: Introduction to the Company -- 2.1 Introduction -- 2.2 The key concepts -- 2.3 Separate legal personality -- 2.4 Side-stepping separate legal personality -- 2.5 Other major principles of company law -- 2.6 Sources of company law -- Part II: Running a Business as a Company Limited by Shares -- Chapter 3: How to Set up a Company -- 3.1 Introduction -- 3.2 Forming a new company from scratch -- 3.3 Documentation -- 3.4 Type of company -- 3.5 Company's name -- 3.6 Registered office -- 3.7 Statement of capital -- 3.8 Statement of proposed officers -- 3.9 Statement of compliance -- 3.10 Articles of association -- 3.11 Memorandum of association -- 3.12 Delivery of the documents -- 3.13 Role of the Registrar -- 3.14 Certificate of incorporation -- 3.15 Effect of registration -- 3.16 Post-incorporation steps -- 3.17 Shelf company -- 3.18 Conclusion -- 3.19 Future developments -- Chapter 4: The Company's Constitution -- 4.1 Introduction -- 4.2 Definition -- 4.3 The articles of association -- 4.4 Amending the constitution -- 4.5 The memorandum of association -- 4.6 Companies formed under the Companies Act 1985 -- 4.7 Summary of options regarding articles.
4.8 Provision of constitutional documents -- Chapter 5: The Company's Shareholders -- 5.1 Introduction -- 5.2 Promoters -- 5.3 Joining the company -- 5.4 The register of members -- 5.5 PSC Register -- 5.6 Shareholders' rights -- 5.7 The shareholder's role -- 5.8 Protection of minority shareholders -- 5.9 Types of shareholder -- 5.10 Shareholder power -- Chapter 6: Officers of the Company -- 6.1 Introduction -- 6.2 Company secretary -- 6.3 Directors -- 6.4 Nature of office -- 6.5 Directors' powers -- 6.6 Directors' duties -- 6.7 Directors' annual responsibilities -- 6.8 Directors' service contracts -- 6.9 Notification requirements -- 6.10 Termination of directorship -- 6.11 Managers -- 6.12 Auditors -- Chapter 7: Controls on Directors -- 7.1 Introduction -- 7.2 Directors' general duties -- 7.3 Duty to act within powers -- 7.4 Duty to promote the success of the company -- 7.5 Duty to exercise independent judgment -- 7.6 Duty to exercise reasonable care, skill and diligence -- 7.7 Duty to avoid conflicts of interest -- 7.8 Duty not to accept benefits from third parties -- 7.9 Duty to declare interest in proposed transaction or arrangement with company -- 7.10 Consequences of a breach of a director's duty -- 7.11 Avoiding liability for breach of a director's duty -- 7.12 Other controls imposed on directors -- 7.13 Director's liability -- Chapter 8: Company Decision-making -- 8.1 Introduction -- 8.2 Who takes the decision? -- 8.3 Introduction to directors' decision-making -- 8.4 Board meeting -- 8.5 Directors' written resolutions -- 8.6 Introduction to shareholders' decision-making -- 8.7 Shareholders' general meetings -- 8.8 Unanimous agreements -- 8.9 Shareholders' written resolutions -- 8.10 Single-member company -- 8.11 Post-decision requirements -- 8.12 Joint decision-making -- 8.13 Electronic communication.
Chapter 9: Financing a Company I - Shares -- 9.1 Introduction -- 9.2 Maintenance of share capital -- 9.3 Issuing shares -- 9.4 Financial assistance by a public company for the purchase of shares -- 9.5 Buy-back of shares by the company -- 9.6 Classes of shares -- 9.7 Offering shares to the public -- 9.8 Dividends -- 9.9 Transfer of shares -- 9.10 Transmission of shares -- 9.11 Serious loss of capital -- 9.12 Other ways of selling shares -- 9.13 Where does the money come from? -- 9.14 Summaries and checklists -- Chapter 10: Financing a Company II - Debt -- 10.1 Introduction -- 10.2 Equity finance or debt finance? -- 10.3 Loans -- 10.4 Overdraft facility -- 10.5 Term loans -- 10.6 Revolving credit facility -- 10.7 Contractual terms -- 10.8 Debt securities -- 10.9 Other sources -- 10.10 Debentures -- 10.11 Secured debt -- 10.12 Comparison of debt and equity finance -- 10.13 Where does the money come from? -- Chapter 11: Taking Security -- 11.1 Introduction -- 11.2 Why grant security? -- 11.3 Initial considerations -- 11.4 Types of security -- 11.5 Key terms in a charging document -- 11.6 Procedural matters for issue of debenture -- 11.7 Registration -- 11.8 Remedies of the debenture holder -- 11.9 Priority of charges -- Chapter 12: Public Companies -- 12.1 What is a public company? -- 12.2 Advantages of public company status -- 12.3 Potential disadvantages of public company status -- 12.4 Achieving public company status -- 12.5 Practical differences between public and private companies -- Part III: Running a Business in Partnership -- Chapter 13: The Start of a Partnership -- 13.1 Introduction -- 13.2 What is a partnership? -- 13.3 Setting up a partnership -- 13.4 Formalities required by statute -- 13.5 The law of partnership and its use in joint ventures -- Chapter 14: The Partnership Agreement -- 14.1 Introduction -- 14.2 Commencement date.
14.3 Name -- 14.4 Financial input -- 14.5 Shares in income profits/losses -- 14.6 Drawings -- 14.7 Shares in increases/decreases in asset values -- 14.8 Place and nature of business -- 14.9 Ownership of assets -- 14.10 Work input -- 14.11 Roles -- 14.12 Decision-making -- 14.13 Duration -- 14.14 Retirement -- 14.15 Expulsion -- 14.16 Payment for outgoing partner's share -- 14.17 Restraint of trade following departure -- 14.18 Arbitration -- Chapter 15: Partners' Responsibilities -- 15.1 Introduction -- 15.2 Utmost good faith -- 15.3 Further responsibilities implied by the Act -- 15.4 Contractual responsibilities -- Chapter 16: Liability for the Firm's Debts -- 16.1 Introduction -- 16.2 When will the firm be liable? -- 16.3 Against whom can the firm's liabilities be enforced? -- 16.4 What if a partner cannot pay? -- 16.5 Summary -- Chapter 17: Dissolution -- 17.1 Introduction -- 17.2 When does dissolution occur? -- 17.3 Express terms on dissolution -- 17.4 The business, its goodwill and other assets following dissolution without continuing partners -- 17.5 Distribution of proceeds following sale of the business or its assets -- 17.6 Following dissolution, who winds up the firm's affairs? -- Chapter 18: Limited Liability Partnerships -- 18.1 Introduction -- 18.2 Formalities -- 18.3 Authority of a member to bind the LLP -- 18.4 Owning property and the granting of charges -- 18.5 New members -- 18.6 Effect of limited liability -- 18.7 The LLP agreement -- 18.8 Designated members -- 18.9 The duties and responsibilities of members -- 18.10 Capital and profits -- 18.11 Management and decision-making -- 18.12 Cessation of membership and its consequences -- 18.13 Advantages and disadvantages of an LLP -- 18.14 Applications of an LLP -- Part III: Summary - Running a Business in Partnership -- Part IV: Insolvency -- Chapter 19: CorporateInsolvency.
19.1 Introduction -- 19.2 When is a company insolvent and how is this proved? -- 19.3 What is liquidation? -- 19.4 The liquidation process and the effect on the company and its directors -- 19.5 Preserving and increasing the company's assets -- 19.6 Distributing the company's assets in a liquidation -- 19.7 Alternatives to liquidation -- 19.8 Options only for secured creditors - receivership -- 19.9 'Phoenix' companies -- 19.10 Summaries -- Chapter 20: Personal Insolvency -- 20.1 Introduction -- 20.2 When is an individual insolvent? -- 20.3 What is bankruptcy? -- 20.4 The bankruptcy process -- 20.5 Preserving and increasing the bankrupt's assets -- 20.6 Distributing the bankrupt's assets -- 20.7 Alternatives to bankruptcy -- 20.8 Summaries and checklists -- Part IV: Summary - Insolvency -- Part V: Taxation -- Chapter 21: Calculation of Trading Profits of a Business -- 21.1 Introduction -- 21.2 Chargeable receipts -- 21.3 Deductible expenditure -- 21.4 Capital allowances -- 21.5 Illustration of trading profit calculation -- 21.6 Trading losses -- Chapter 22: Taxation of Companies I - Corporation Tax -- 22.1 Introduction -- 22.2 Step 1: calculate income profits -- 22.3 Step 2: calculate chargeable gains -- 22.4 Step 3: calculate total profits -- apply reliefs available against total profits -- 22.5 Step 4: calculate the tax -- 22.6 Illustration of corporation tax calculation -- 22.7 Relief for a trading loss -- 22.8 Corporation tax on goodwill and intellectual property -- 22.9 Dividends -- 22.10 Notification to HMRC and payment -- 22.11 Companies and VAT -- 22.12 Companies and inheritance tax -- 22.13 Company shares and stamp duty -- Chapter 23: Taxation of Companies II - Special Provisions Relating to Companies -- 23.1 Introduction -- 23.2 'Close companies' -- 23.3 Groups of companies -- Chapter 24: Taxation of Sole Traders -- 24.1 Introduction.
24.2 Basis of assessment of a trading profit.
Summary: Business Law and Practice provides a detailed guide to the forms of business most commonly encountered in practice, examining how they must be run in accordance with the statutory and common law applicable to them. It explains these businesses relationships with outsiders and gives an overview of their possible tax liabilities.
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
No physical items for this record

Intro -- Title Page -- Copyright Page -- Preface -- Contents -- Table of Cases -- Table of Statutes -- Table of Secondary Legislation -- Table of Abbreviations -- Part I: Starting a Business -- Chapter 1: The Different Types of Business -- 1.1 Introduction -- 1.2 Incorporated and unincorporated businesses -- 1.3 Sole trader -- 1.4 Partnership -- 1.5 Limited partnership -- 1.6 Contractual co-operation -- 1.7 Company -- 1.8 Unlimited company -- 1.9 Limited company -- 1.10 Other types of company -- 1.11 Limited liability partnership -- 1.12 UKEIG -- 1.13 What type of business is best? -- 1.14 Changing the type of business -- 1.15 Practical considerations -- Chapter 2: Introduction to the Company -- 2.1 Introduction -- 2.2 The key concepts -- 2.3 Separate legal personality -- 2.4 Side-stepping separate legal personality -- 2.5 Other major principles of company law -- 2.6 Sources of company law -- Part II: Running a Business as a Company Limited by Shares -- Chapter 3: How to Set up a Company -- 3.1 Introduction -- 3.2 Forming a new company from scratch -- 3.3 Documentation -- 3.4 Type of company -- 3.5 Company's name -- 3.6 Registered office -- 3.7 Statement of capital -- 3.8 Statement of proposed officers -- 3.9 Statement of compliance -- 3.10 Articles of association -- 3.11 Memorandum of association -- 3.12 Delivery of the documents -- 3.13 Role of the Registrar -- 3.14 Certificate of incorporation -- 3.15 Effect of registration -- 3.16 Post-incorporation steps -- 3.17 Shelf company -- 3.18 Conclusion -- 3.19 Future developments -- Chapter 4: The Company's Constitution -- 4.1 Introduction -- 4.2 Definition -- 4.3 The articles of association -- 4.4 Amending the constitution -- 4.5 The memorandum of association -- 4.6 Companies formed under the Companies Act 1985 -- 4.7 Summary of options regarding articles.

4.8 Provision of constitutional documents -- Chapter 5: The Company's Shareholders -- 5.1 Introduction -- 5.2 Promoters -- 5.3 Joining the company -- 5.4 The register of members -- 5.5 PSC Register -- 5.6 Shareholders' rights -- 5.7 The shareholder's role -- 5.8 Protection of minority shareholders -- 5.9 Types of shareholder -- 5.10 Shareholder power -- Chapter 6: Officers of the Company -- 6.1 Introduction -- 6.2 Company secretary -- 6.3 Directors -- 6.4 Nature of office -- 6.5 Directors' powers -- 6.6 Directors' duties -- 6.7 Directors' annual responsibilities -- 6.8 Directors' service contracts -- 6.9 Notification requirements -- 6.10 Termination of directorship -- 6.11 Managers -- 6.12 Auditors -- Chapter 7: Controls on Directors -- 7.1 Introduction -- 7.2 Directors' general duties -- 7.3 Duty to act within powers -- 7.4 Duty to promote the success of the company -- 7.5 Duty to exercise independent judgment -- 7.6 Duty to exercise reasonable care, skill and diligence -- 7.7 Duty to avoid conflicts of interest -- 7.8 Duty not to accept benefits from third parties -- 7.9 Duty to declare interest in proposed transaction or arrangement with company -- 7.10 Consequences of a breach of a director's duty -- 7.11 Avoiding liability for breach of a director's duty -- 7.12 Other controls imposed on directors -- 7.13 Director's liability -- Chapter 8: Company Decision-making -- 8.1 Introduction -- 8.2 Who takes the decision? -- 8.3 Introduction to directors' decision-making -- 8.4 Board meeting -- 8.5 Directors' written resolutions -- 8.6 Introduction to shareholders' decision-making -- 8.7 Shareholders' general meetings -- 8.8 Unanimous agreements -- 8.9 Shareholders' written resolutions -- 8.10 Single-member company -- 8.11 Post-decision requirements -- 8.12 Joint decision-making -- 8.13 Electronic communication.

Chapter 9: Financing a Company I - Shares -- 9.1 Introduction -- 9.2 Maintenance of share capital -- 9.3 Issuing shares -- 9.4 Financial assistance by a public company for the purchase of shares -- 9.5 Buy-back of shares by the company -- 9.6 Classes of shares -- 9.7 Offering shares to the public -- 9.8 Dividends -- 9.9 Transfer of shares -- 9.10 Transmission of shares -- 9.11 Serious loss of capital -- 9.12 Other ways of selling shares -- 9.13 Where does the money come from? -- 9.14 Summaries and checklists -- Chapter 10: Financing a Company II - Debt -- 10.1 Introduction -- 10.2 Equity finance or debt finance? -- 10.3 Loans -- 10.4 Overdraft facility -- 10.5 Term loans -- 10.6 Revolving credit facility -- 10.7 Contractual terms -- 10.8 Debt securities -- 10.9 Other sources -- 10.10 Debentures -- 10.11 Secured debt -- 10.12 Comparison of debt and equity finance -- 10.13 Where does the money come from? -- Chapter 11: Taking Security -- 11.1 Introduction -- 11.2 Why grant security? -- 11.3 Initial considerations -- 11.4 Types of security -- 11.5 Key terms in a charging document -- 11.6 Procedural matters for issue of debenture -- 11.7 Registration -- 11.8 Remedies of the debenture holder -- 11.9 Priority of charges -- Chapter 12: Public Companies -- 12.1 What is a public company? -- 12.2 Advantages of public company status -- 12.3 Potential disadvantages of public company status -- 12.4 Achieving public company status -- 12.5 Practical differences between public and private companies -- Part III: Running a Business in Partnership -- Chapter 13: The Start of a Partnership -- 13.1 Introduction -- 13.2 What is a partnership? -- 13.3 Setting up a partnership -- 13.4 Formalities required by statute -- 13.5 The law of partnership and its use in joint ventures -- Chapter 14: The Partnership Agreement -- 14.1 Introduction -- 14.2 Commencement date.

14.3 Name -- 14.4 Financial input -- 14.5 Shares in income profits/losses -- 14.6 Drawings -- 14.7 Shares in increases/decreases in asset values -- 14.8 Place and nature of business -- 14.9 Ownership of assets -- 14.10 Work input -- 14.11 Roles -- 14.12 Decision-making -- 14.13 Duration -- 14.14 Retirement -- 14.15 Expulsion -- 14.16 Payment for outgoing partner's share -- 14.17 Restraint of trade following departure -- 14.18 Arbitration -- Chapter 15: Partners' Responsibilities -- 15.1 Introduction -- 15.2 Utmost good faith -- 15.3 Further responsibilities implied by the Act -- 15.4 Contractual responsibilities -- Chapter 16: Liability for the Firm's Debts -- 16.1 Introduction -- 16.2 When will the firm be liable? -- 16.3 Against whom can the firm's liabilities be enforced? -- 16.4 What if a partner cannot pay? -- 16.5 Summary -- Chapter 17: Dissolution -- 17.1 Introduction -- 17.2 When does dissolution occur? -- 17.3 Express terms on dissolution -- 17.4 The business, its goodwill and other assets following dissolution without continuing partners -- 17.5 Distribution of proceeds following sale of the business or its assets -- 17.6 Following dissolution, who winds up the firm's affairs? -- Chapter 18: Limited Liability Partnerships -- 18.1 Introduction -- 18.2 Formalities -- 18.3 Authority of a member to bind the LLP -- 18.4 Owning property and the granting of charges -- 18.5 New members -- 18.6 Effect of limited liability -- 18.7 The LLP agreement -- 18.8 Designated members -- 18.9 The duties and responsibilities of members -- 18.10 Capital and profits -- 18.11 Management and decision-making -- 18.12 Cessation of membership and its consequences -- 18.13 Advantages and disadvantages of an LLP -- 18.14 Applications of an LLP -- Part III: Summary - Running a Business in Partnership -- Part IV: Insolvency -- Chapter 19: CorporateInsolvency.

19.1 Introduction -- 19.2 When is a company insolvent and how is this proved? -- 19.3 What is liquidation? -- 19.4 The liquidation process and the effect on the company and its directors -- 19.5 Preserving and increasing the company's assets -- 19.6 Distributing the company's assets in a liquidation -- 19.7 Alternatives to liquidation -- 19.8 Options only for secured creditors - receivership -- 19.9 'Phoenix' companies -- 19.10 Summaries -- Chapter 20: Personal Insolvency -- 20.1 Introduction -- 20.2 When is an individual insolvent? -- 20.3 What is bankruptcy? -- 20.4 The bankruptcy process -- 20.5 Preserving and increasing the bankrupt's assets -- 20.6 Distributing the bankrupt's assets -- 20.7 Alternatives to bankruptcy -- 20.8 Summaries and checklists -- Part IV: Summary - Insolvency -- Part V: Taxation -- Chapter 21: Calculation of Trading Profits of a Business -- 21.1 Introduction -- 21.2 Chargeable receipts -- 21.3 Deductible expenditure -- 21.4 Capital allowances -- 21.5 Illustration of trading profit calculation -- 21.6 Trading losses -- Chapter 22: Taxation of Companies I - Corporation Tax -- 22.1 Introduction -- 22.2 Step 1: calculate income profits -- 22.3 Step 2: calculate chargeable gains -- 22.4 Step 3: calculate total profits -- apply reliefs available against total profits -- 22.5 Step 4: calculate the tax -- 22.6 Illustration of corporation tax calculation -- 22.7 Relief for a trading loss -- 22.8 Corporation tax on goodwill and intellectual property -- 22.9 Dividends -- 22.10 Notification to HMRC and payment -- 22.11 Companies and VAT -- 22.12 Companies and inheritance tax -- 22.13 Company shares and stamp duty -- Chapter 23: Taxation of Companies II - Special Provisions Relating to Companies -- 23.1 Introduction -- 23.2 'Close companies' -- 23.3 Groups of companies -- Chapter 24: Taxation of Sole Traders -- 24.1 Introduction.

24.2 Basis of assessment of a trading profit.

Business Law and Practice provides a detailed guide to the forms of business most commonly encountered in practice, examining how they must be run in accordance with the statutory and common law applicable to them. It explains these businesses relationships with outsiders and gives an overview of their possible tax liabilities.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2023. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.

There are no comments on this title.

to post a comment.