This class was created by Brainscape user Nikhil !. Visit their profile to learn more about the creator.

Decks in this class (17)

Business - Flashcards Full Deck
What constitutes a partnership,
Is a written agreement required t...,
Is there a requirement for partne...
169  cards
General Partnership
What constitutes a partnership,
Is a written agreement required t...,
Is there a requirement for partne...
13  cards
The rights of a partner of a partnership
What is the default rule for part...,
Do partners have a right to remun...,
How are profits and losses shared...
4  cards
Breach of the Partnership Agreement / Act and Remedies
What can the other partners do if...
1  cards
LLPs
What are the characteristics of a...,
What documents are required for l...,
How many designated members must ...
9  cards
Companies
What is a limited company by shares,
What is a shelf company,
What are the key formation requir...
13  cards
Directors
How many directors must a private...,
How should a new director be appo...,
What must happen if there are any...
13  cards
Directors’ duties – Companies Act 2006
What happens to a director s duty...,
What is the duty to act within po...,
What does the duty to promote the...
13  cards
Shareholders/Members
How does a person become a member...,
What must be kept up to date and ...,
What is a psc person with signifi...
14  cards
Voting / Joint decision making
Who can call a general meeting,
How many days notice is required ...,
What must a notice of a general m...
13  cards
Recordkeeping, filing and disclosure
What registers must be kept avail...,
How long must minutes from genera...,
How long must copies of directors...
4  cards
Raising finance – debt or equity
What is equity in the context of ...,
What happens once a company is fo...,
Can directors allot additional sh...
18  cards
Insolvency
What is insolvency,
What are the options for individu...,
What are the options for companie...
3  cards
Bankruptcy of Individuals
What is a key negotiation strateg...,
What is an individual voluntary a...,
Who must draft the iva proposal a...
17  cards
Bankruptcy of companies or LLPs
Is negotiation with creditors usu...,
What is receivership,
Does receivership usually lead to...
15  cards
Insolvency - Clawback
What is a preference in insolvency,
What is a transaction at underval...,
What is the defense for a transac...
7  cards
Money laundering and FSMA
What is money laundering,
What is the proceeds of crime act...
14  cards

More about
Business 💼

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Nikhil !'s Business 💼 flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Business Alevel
  • 26 decks
  • 3126 flashcards
  • 447 learners
Decks: 11 Meeting Customer Needs, 12 The Market, 13 Marketing Risk And Strategy, And more!
Business studies (A levels)
  • 40 decks
  • 1269 flashcards
  • 3129 learners
Decks: Chapter 1 Enterprise, Ratios, Chapter 2 Business Structure, And more!
Business
  • 56 decks
  • 1069 flashcards
  • 63 learners
Decks: Theme 1 Topic 1 Entrepreneurs, Theme 1 Topic 2 Business Objectives, Theme 1 Topic 3 Forms Of Ownership, And more!
Business Law
  • 35 decks
  • 811 flashcards
  • 271 learners
Decks: Litigation, Constitution Law, Torts, And more!
Make Flashcards