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Business Law and Practice

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

By: Caitlin Hyland
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Decks in this class (14)

Intro
Key characteristics of sole traders,
Key characteristics of partnerships,
Formation of partnership
28  cards
Partnerships and LLPs
Definition of partnership,
Determining the existence of a pa...,
Advantages of using a partnership
40  cards
Formation of a company
Constitutional documents of a com...,
Memorandum 1985 and 2006,
Articles of association
35  cards
Directors' duties and responsibilities
Who are the directors accountable to,
Directors versus shareholders,
Directors authority to manage the...
60  cards
Shareholders' rights and remedies
What happens if a members rights ...,
Examples of membership rights,
What is a shareholders agreement
27  cards
Equity Finance
What are shares,
Issued shares,
Allotment of shares
49  cards
Individual Taxation
Individual tax year,
Company tax year,
Two methods by which hmrc assess ...
30  cards
Corporate Taxation
What is vat charged on,
Registration threshold,
Deregistration threshold
26  cards
Business accounts
Financial statements prepared in ...,
Principles of double entry book k...,
Trial balance
32  cards
Debt finance
Types of debt finance,
What is a loan facility,
Overdraft
35  cards
Corporate Insolvency
Four tests for insolvency,
Directors obligations towards com...,
Options for directors facing fina...
62  cards
Personal Insolvency
Individual voluntary arrangement,
Setting up iva,
Approval of iva
20  cards
Voidable Transactions
What can directors be personally ...,
Who can bring a claim for fraudul...,
What kind of offence is fraudulen...
25  cards
FSMA 2000
What are financial services,
What is a regulated activity unde...,
Summary of fsma steps
9  cards

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Business Law and Practice

  • Class purpose General learning

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