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Jack has operated a house building business as a sole trader for a number of years. Now, his accountant has recommended that he should consider registering as a company in order to gain the benefits of separate personality. He is unclear as to what is meant by this and seeks advice from you. In this context, explain to him:
(a) The meaning of the doctrine of separate legal personality and its likely consequences.
(b) The conditions under which this doctrine will be ignored by the Courts.
(c) The limitations imposed by the Companies Act 2001 on company names that can be used for registration of a company.
Question 1: List out and explain the elements necessary for the formation of a contract. Question 2: What are the advantages and disadvantages of choosing a company ov
Determine the term - Fixed Exchange Rates With a fixed exchange rate adjustment toward long run equilibrium occurs via monetary effects. This effect is shown in Figure 9.1. At
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Q. Show the Criminal conduct definition of phoenix activity? Master Builders argued that the definition of phoenix activity should focus on the existing sections of corporation
You and a friend form a corporation (Company) together selling refurbished handbags. Your responsibilities are to decide sales and your friend's, Patty, is to manage operations an
Commencement of Business: Section III (1) provides that a public company which has issued a prospectus cannot commence business or exercise any borrowing powers unless:-
The United States form of government is often described as a "Constitutional Democracy ". The existence and importance of a written Constitution is a major difference between the A
Hi Dear, Could you please do my online quiz in Business Law. This is a 10 question quiz, made up of a combination of multiple choice and true/false type questions. You have 12 min
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