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FLK 1: Business Law and Practice

This class was created by Brainscape user Bryan Hewitt-Wright. Visit their profile to learn more about the creator.

By: Bryan Hewitt-Wright
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Decks in this class (9)

1): Business Law: Starting a new business through the vehicle of a company, partnership, LLP or as a sole trader
What is an incorporated business,
What is the liability for incorpo...,
What is an unincorporated business
82  cards
2): The management of a business and company decision-making to ensure compliance with statutory and other legal requirements
Who takes decisions in a company,
Provide two key decisions only th...,
Do shareholders have the power to...
91  cards
2.1): Directors
What are the requirements for dir...,
What does the board of directors ...,
What are executive directors
81  cards
3): The interests, rights, obligations and powers of stakeholders in a business (Partnerships and the PA 1890)
When does a partnership commence,
Does a general partnership have s...,
What is the function of the partn...
81  cards
4): Financing a Business
What are the two ways companies o...,
What are the 3 ways in which shar...,
What is allotment of shares
50  cards
4.1): Financing a Business: Debt Finance
What is debt finance,
What are loans,
What are debt securities
23  cards
4.2): Security
Why will security be granted over...,
What is an advantage for a busine...,
Who can grant fixed and floating ...
44  cards
5): Taxation of a business and its stakeholders - Income Tax
Who pays income tax,
What are the four categories that...,
What is income expenditure
39  cards
Capital Gains Tax
When is capital gains tax paid,
What is a foreign sale,
When is a taxpayer deemed to be a...
6  cards

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FLK 1: Business Law and Practice

  • Class purpose General learning

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