This class was created by Brainscape user Filipe Estevao. Visit their profile to learn more about the creator.
By:
Filipe Estevao
- decks
- flashcards
- learners
Decks in this class (57)
Introduction - Legal Forms of Business
What legal business models are co...,
What are the costs involved in se...,
Does st have personal liability f...
21
cards
Introduction - Tax Treatment
How are sole traders taxed 1,
Who is liable for tax in st struc...,
How are partnerships taxed 3
8
cards
Introduction - Private and Public Companies
Types of private companies 1,
What are the 3 stages of company ...,
Why might shareholders of a growi...
8
cards
Introduction - Legal Personality and Limited Liability
When does a company gain separate...,
To whom do directors owe their du...,
Who enters into contracts in a co...
5
cards
Introduction - Contract Law
3 fundamental elements required t...,
How is agreement determined in co...,
What happens if any of the 3 fund...
28
cards
Partnerships - Traditional Partnerships
What factors help determine if a ...,
Can a partnership arise unintenti...,
What fiduciary duties do partners...
15
cards
Partnerships - Partnership Agreement
What is the purpose of a partners...,
When does a partnership under the...,
What happens if partners continue...
19
cards
Partnerships - Limited Liability Partnerships (LLP)
What is an llp 1,
How is an llp formed 2,
What form is used to register an ...
18
cards
Formation of a Company - The Constitution
What was the constitutional posit...,
What forms part of the constituti...,
What is the purpose of the memora...
18
cards
Formation of a Company
What are the 2 methods of forming...,
What is a shelf company 2,
What documents must be submitted ...
11
cards
Formation of a Company - Decision Making
How are day to day decisions of a...,
What is a board resolution an how...,
Can directors pass resolutions in...
15
cards
Formation of a Company - Meetings
Who can call a board meeting unde...,
What is the required notice perio...,
What is the quorum for a board me...
25
cards
Directors - The Role
To whom are directors accountable 1,
What is the relationship between ...,
What does ma provide regarding di...
23
cards
Directors - Appointment and Removal
What governs procedure for appoin...,
What are the appointment options ...,
What is a service contract 3
17
cards
Directors - Duties and Responsibilities
What happens to directors duties ...,
S171 duty to act within powers wh...,
When would a director breach s171 3
24
cards
Directors - Long-Term Service Contracts
What are the three categories of ...,
When is a shareholder approval re...,
What does the guaranteed term inc...
14
cards
Directors - Substantial Property Transactions
What type of shareholder approval...,
What does s190 ca require 2,
How is substantial asset defined 3
16
cards
Directors - Loans and Related Transaction
What are the 4 types of transacti...,
What companies are subject to the...,
What companies are subject to s19...
21
cards
Shareholders - Rights and Remedies
What challenges does majority rul...,
What does s33 on ca provide regar...,
What type of rights have been rec...
16
cards
Shareholders - Removal of Directors
What does special notice under ca...,
What is the purpose of special no...,
What are the board s options upon...
20
cards
Shareholders - Derivative Claims
What is a derivative claim 1,
What legal principle does a deriv...,
Who is the proper claimant in a d...
13
cards
Shareholders - Unfair Prejudice & Just and Equitable Winding Up
What is an unfair prejudice claim 1,
Is an unfair prejudice claim brou...,
What is the legal test for unfair...
19
cards
Equity Finance - Intro to Shares
What is a share 1,
What is the nominal value of a sh...,
Can shares be issued below nomina...
23
cards
Equity Finance - Allotment, Transfer and Transmission of Shares
Allotment of shares 1,
Transfer of shares 2,
Private companies are prohibited ...
17
cards
Equity Finance - Procedure for Allotment of Shares
Step 1 1,
What was the authorised share cap...,
How can a cap on share capital be...
23
cards
Equity Finance - Financial Assistance
What is financial assistance in t...,
When do the prohibitions on finan...,
To which companies do the prohibi...
18
cards
Equity Finance - Buyback of Shares
What is the doctrine of maintenan...,
What are 2 key consequences of th...,
What is a buyback of shares 3
18
cards
Equity Finance - Financial Services Regulation
What is the purpose of financial ...,
What legislation governs financia...,
What is the general prohibition u...
23
cards
Individual Taxation - Introduction
Difference between direct and ind...,
Income receipts vs capital receip...,
What is income expenditure 3
15
cards
Individual Taxation - Income Tax
Step 1 in calculating income tax ...,
What is total income 2,
Step 2 3
20
cards
Individual Taxation - Capital Gains Tax
What 4 conditions must be met for...,
When is a cgt due for a disposal ...,
What are the main 2 types of char...
24
cards
Individual Taxation - IHT & Business Exemption Relief
What are the 3 types of transfers...,
What determines the value of the ...,
What is the nil rate band for iht 3
16
cards
Corporate Taxation - Intro to VAT
When is vat chargeable 1,
What is a taxable person for vat ...,
What is a taxable business 3
24
cards
Corporation Tax
What is the main corporation tax ...,
What rate applies to companies wi...,
What applies to companies with tt...
24
cards
Corporation Tax - Close Companies
What is a close company 1,
What is a participator 2,
Which companies are excluded from...
18
cards
Business Accounts - Double-entry Bookkeeping, Ledgers and Trial Balance
What are the 2 key financial stat...,
What is the basic principle of do...,
Why must every debit entry have a...
10
cards
Business Accounts - Profit & Loss account
What are the 2 financial statemen...,
What financial information does a...,
What type of entries from the tri...
9
cards
Business Accounts - The Balance Sheet
What is the balance sheet 1,
How does a balance sheet differ f...,
What are the main pieces of infor...
7
cards
Business Accounts - Year- End Adjustments - Depreciation
What are year end adjustments 1,
What are the five year end adjust...,
Why is depreciation necessary in ...
15
cards
Business Accounts - Year-End Adjustments - Accruals and Pre-payments
What does the accruals concept re...,
What is an accrual 2,
Why is an accrual recorded 3
12
cards
Business Accounts - Year-End Adjustments - Bad and Doubtful Debts
What is a bad debt 1,
How is a bad debt recorded in the...,
What is the accounting term used ...
10
cards
Business Accounts - Partnership Accounts
How do partnership accounts compa...,
What two types of accounts are co...,
What type of classification are p...
10
cards
Business Accounts - Company Accounts
What is a company s accounting re...,
Can a company change its ard 2,
When must a private company file ...
11
cards
Business Accounts - Share Capital and Reserves
What does the bottom half of a co...,
What are the two categories of re...,
What is called up share capital 3
12
cards
Business Accounts - Dividends
What is a dividend in company law...,
Where do dividends appear in a co...,
What are retained earnings 3
15
cards
Debt Finance
What is a loan facility 1,
3 main types of loan facilities 2,
What is a debt security 3
13
cards
Debt Finance - Security
What is security in the context o...,
What is the main advantage of a l...,
What is a pledge 3
23
cards
Debt Finance - Effect of Debt and Equity Finance on the Balance Sheet
Key difference in how equity and ...,
How is equity finance recorded on...,
What additional entries are neede...
14
cards
Corporate Insolvency - Introduction
When can a company be wound up by...,
What are the 4 tests for insolven...,
What is the cashflow test 3
6
cards
Corporate Insolvency - Formal and Informal Arrangements
What is a standstill agreement 1,
What is a pre insolvency moratori...,
What are the 4 main restrictions ...
21
cards
Corporate Insolvency - Administration and Receivership
3 statutory objectives of adminis...,
What is administration and how do...,
Who may apply to court to appoint...
14
cards
Corporate Insolvency - Liquidation
What is liquidation 1,
Are both solvent and insolvent co...,
What is the liquidator s primary ...
19
cards
Corporate Insolvency - Statutory Order of Priority
What is a dividend in the context...,
Can contractual arrangements affe...,
1st step in applying the statutor...
22
cards
Personal Insolvency
2 main formal insolvency procedur...,
Purpose of bankruptcy 2,
Steps to set up an iva 3
33
cards
Fraudulent Trading
Who can bring a claim for fraudul...,
Who can be liable for fraudulent ...,
What must be proven for a fraudul...
8
cards
Wrongful Trading
Is wrongful trading a civil or cr...,
Can a wrongful trading claim be a...,
Who can be liable for wrongful tr...
15
cards
Voidable Transactions
Which types of transactions may b...,
What are connected persons 2,
What are associates 3
26
cards
More about
SQE - Business Law & Practice
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Filipe Estevao's SQE - Business Law & Practice 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 Law and Practice
- 47 decks
- 965 flashcards
- 1 learners
Decks:
Different Legal Forms Of Business, Introduction To Companies, The Company S Constitution, And more!
Criminal Law and Practice
- 21 decks
- 1110 flashcards
- 28 learners
Decks:
Introduction Overriding Objective And Et, Preliminaries To Prosecution I Arrest An, Preliminaries To Prosecution Ii Intervie, And more!
Business Law
- 35 decks
- 811 flashcards
- 304 learners
Decks:
Litigation, Constitution Law, Torts, And more!
