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kyoko canaway
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Decks in this class (40)
Legal forms of business
What is the primary purpose of bu...,
What are some factors to consider...,
What are the purposes of raising ...
26
cards
Types of companies
What is a private company limited...,
What are the characteristics of a...,
What defines an unlimited private...
18
cards
Commercial contracts
What are heads of terms 1,
What is a letter of comfort 2,
What is the battle of the forms 3
10
cards
Partnerships
If there is profit sharing will t...,
What are the statutory guidance r...,
Definition of a partnership 3
27
cards
Partnership Agreement
What does the partnership act pro...,
How can partnership agreements be...,
What are typical elements covered...
26
cards
LLP
What is a limited liability partn...,
In what scenarios are llps partic...,
What is the tax status of llps 3
18
cards
Formation of a company
What is the memorandum of a compa...,
How is the memorandum of ca 1985 ...,
What type of objects clause do co...
35
cards
People in a company
Does a company require a company ...,
What rights are laid out for shar...,
When does a shareholder s members...
19
cards
Company decision making
What rights are laid out for shar...,
When does a shareholder s members...,
Can a shareholder be a non human ...
49
cards
Directors
What type of decisions do directo...,
What decisions are directors gene...,
Can the board of directors delega...
38
cards
Directors' Duties
Who do directors owe a duty to 1,
What type of duty do directors ha...,
What is the statutory duty under ...
21
cards
Transactions requiring member approval
What is required for directors lo...,
What is the guaranteed term in a ...,
What happens if there is non comp...
33
cards
Shareholders' Rights
What do articles act as in relati...,
What is the remedy for shareholde...,
List rights that shareholders can...
12
cards
Removal of directors
What is required to remove a dire...,
Can directors who are also shareh...,
What are the two ways a removal r...
19
cards
Minority shareholder remedies
What are the 4 ways for minority ...,
When is unfair prejudice most com...,
Who sues and is sued in an unfair...
24
cards
Shares
What are shares 1,
What is nominal or par value in s...,
What does premium mean in the con...
23
cards
Allotment and transfer of shares
What is a private company limited...,
What is the purpose of a prospect...,
Is a prospectus usually required ...
16
cards
Procedure for allotment
When will there be a cap on the n...,
What is the process for allotment 2,
Do directors need authority to al...
10
cards
Financial Assistance
What does the term financial assi...,
What change did ca 2006 implement...,
Who is prohibited from providing ...
9
cards
Buyback of shares
What is the doctrine of maintenan...,
Why is the doctrine of maintenanc...,
How does the doctrine of maintena...
17
cards
Income tax (individual)
What can income expenditure gener...,
What is capital expenditure 2,
What constitutes income receipts 3
31
cards
CGT I
When is the tax payment due follo...,
What triggers cgt 2,
Define chargeable disposal 3
21
cards
CGT II
What is the total taxable gain 1,
What is the total taxable chargea...,
What tax rate do basic rate taxpa...
26
cards
VAT
What is vat charged on 1,
When is a person required to be r...,
What are the conditions for vat r...
26
cards
Corporation tax
What is corporation tax payable on 1,
How is total taxable profits calc...,
With regard to what time frame is...
45
cards
How to pay corporation tax
What is the procedure for compani...,
What is the procedure for compani...,
What restriction applies to compa...
7
cards
Close companies
What defines a close company 1,
How are participators defined 2,
How is control definedd 3
16
cards
Business Accounts
What is the trial balance 1,
What is the alcie classification 2,
What is a profit and loss account 3
26
cards
Partnership accounts
What is the main difference in pa...,
What are the two accounts each pa...,
What does the capital account rep...
11
cards
Company accounts
What is the primary purpose of co...,
What is the accounting reference ...,
How long do private companies hav...
27
cards
Debt finance
What are loan facilities 1,
What is an overdraft 2,
What is a term loan 3
28
cards
Types of security
What is a pledge 1,
What is a lien 2,
What is a mortgage 3
23
cards
Insolvency - informal arrangements
What is the cash flow test for in...,
What does the balance sheet test ...,
What is a failure to comply with ...
22
cards
Insolvency - formal arrangements
What is a compulsory voluntary ar...,
Who supervises and implements a c...,
What is the process for setting u...
15
cards
Insolvency - administration + receivership
What is the primary aim of the ob...,
What interests do administrators ...,
Who are administrators in the con...
23
cards
Insolvency - liquidation
What is liquidation 1,
What are the functions of a liqui...,
What is compulsory liquidation 3
17
cards
Insolvency order of priority
What is the statutory order of pr...,
What happens if a fixed charge cr...,
Who are considered preferential c...
9
cards
Personal insolvency
What is an individual voluntary a...,
How does a debtor pay into an iva 2,
What is the process for an iva 3
27
cards
Fraudulent and wrongful trading
What is a fraudulent trading 1,
What must be proven in cases of f...,
On what basis is dishonesty asses...
17
cards
Voidable transactions
What is the aim of voidable trans...,
Who does the liquidator need to c...,
Define transaction at an underval...
19
cards
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Business
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