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FLK 1: Business Law And Practice

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

By: Samiyah Hussein
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Decks in this class (14)

Topic 1: Pre Reading Company Law
What are two advantages of choosi...,
What is a disadvantage of becomin...,
In what way are partnerships simi...
48  cards
Topic 2: Introduction To Business Law And Practice
What are the main legal forms of ...,
What key features are analyzed fo...,
What is the cost implication of a...
59  cards
Topic 3: Partnerships And LLPs
What governs traditional partners...,
How is a traditional partnership ...,
Is a partnership considered a sep...
62  cards
Topic 4: Formation Of A Company
What are the two important consti...,
What is the key statute governing...,
What does the memorandum of a com...
60  cards
Topic 5: Directors’ Duties And Responsibilities
What is the role of directors in ...,
Who has the authority to control ...,
What is a de jure director 3
79  cards
Topic 6: Shareholders’ Rights And Remedies
What is the principle that govern...,
What can minority shareholders do...,
What are some protections availab...
54  cards
Topic 7: Equity Finance
What is the general term used to ...,
What does share capital refer to ...,
What are the primary reasons a co...
125  cards
Topic 8: Individual Taxation
What are the main types of taxes ...,
What is the difference between di...,
What is an example of a direct tax 3
85  cards
Topic 9: Corporate Taxation
What is vat charged on 1,
Define taxable supply 2,
Who is considered a taxable person 3
66  cards
Topic 10: Business Accounts
What is double entry book keeping 1,
What are the two main financial s...,
What is the purpose of a trial ba...
82  cards
Topic 10: Debt Finance
Blank 1,
What is debt finance 2,
What do dividends represent for s...
46  cards
Topic 12: Corporate Insolvency
What is the main statute dealing ...,
What are the aims of the corporat...,
What are the two new insolvency p...
78  cards
Topic 13: Personal Insolvency
What are the two formal personal ...,
What is bankruptcy 2,
What is an iva 3
34  cards
Topic 14: Voidable Transactions And Directors’ Liabilities In Insolvency
What is the primary concern regar...,
What is the definition of fraudul...,
Who can bring a claim for fraudul...
51  cards

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FLK 1: Business Law And Practice

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