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Decks in this class (48)
Traditional partnerships
What is a partnership in a tradit...,
In what situation does a partners...,
What are some of the advantages t...
17
cards
Partnership Agreements
What duties do partners in a part...,
Generally what would a partnershi...,
Common provision in partnership a...
13
cards
Limited liability partnerships
What is a llp limited liability p...,
What are the commercial uses for ...,
What are the applicable legislati...
13
cards
Formation of a company - company's constitution
What constitutional documents did...,
What constiutional documents does...,
What was the memorandum under the...
9
cards
Formation of a company
What are the ways a person can st...,
What is needed to incorporate new...,
What does an application for regi...
14
cards
Company decision making
How are companies carried out 1,
What is the alternative to direct...,
Board resolutions 3
9
cards
Company meetings
Should notice be given before a b...,
Who calls a board meeting and how...,
Who can call a general meeting an...
17
cards
The role of directors
What do the directors do 1,
What do the shareholders do 2,
Where do the director s authority...
10
cards
Appointment and removal of directors
How can a director be appointed 1,
Service contracts 2,
Disclosure of identity of directo...
8
cards
Directors' duties
What are the general duties of th...,
What is s171 duty to act within p...,
What is s172 duty to promote the ...
15
cards
Directors' longer term service contract & SPT
What are the types of transaction...,
When is a shareholder approval ne...,
What are the consequences of non ...
13
cards
Loans and related transactions with directors
Loans to directors also require s...,
Which companies are restricted 2,
Who are subjected to the restrict...
9
cards
The rights and remedies of shareholders
What does the membership rights u...,
What are membership rights 2,
What is a shareholder agreement 3
8
cards
The removal of directors
How are directors removed by shar...,
What is the special notice 2,
What does option 1 board places r...
10
cards
Derivative claims
What is a derivative claim 1,
What is the derivative claim unde...,
When can a derivative claim be br...
7
cards
Unfair prejudice and just & equitable winding up
What is unfair prejudice about s ...,
How does a member sue under unfai...,
What are the key principles of an...
7
cards
Introduction to shares
What are the ways in which a comp...,
What is the perks of investing in...,
What is the share capital structu...
15
cards
Allotment, transfer and transmission of shares
What is the difference between an...,
What are the considerations on al...,
What other consideration are made...
6
cards
Procedure for allotment of shares
What are the 5 steps process a co...,
Meaning of any cap on number of s...,
How can the cap be removed 3
9
cards
Financial Assistance
What are the statutory provision ...,
To which transaction are the rule...,
Which companies are prohibited fr...
8
cards
Buyback of shares
What happens if a shareholder wan...,
Maintenance of share capital 2,
What is the consequence of the pr...
14
cards
Intro to financial service regulations
What does financial services refe...,
What sort of decisions does one t...,
What is the provision of financia...
19
cards
Taxation intro
What is the difference between di...,
What is the purpose of anti avoid...,
What is the disclosure of tax avo...
13
cards
Income tax
What are the two methods used by ...,
In order to calculate a personal ...,
Calculating total income 3
15
cards
Capital Gains Tax
When is capital gains tax charged 1,
What happens to disposals between...,
What happens if the disposals is ...
18
cards
Business Exemption relief
What is a business property relief 1,
What is the rate of relief 2
2
cards
Into to VAT
What is a vat charge 1,
When is a person required to be r...,
What is de registration 3
11
cards
Corporation Tax
When is corporation tax payable 1,
How to calculate total taxable pr...,
How to calculate income profits 3
23
cards
Close companies
What companies are subject to spe...,
What is a close company 2,
When will a company not be a clos...
7
cards
Double entry book
When are financial statements pre...,
What are things to note about boo...,
What is a trial balance 3
10
cards
Profit and loss accounts & balance sheet
What are profit and loss accounts 1,
What is the contents of a profit ...,
What is the balance sheet 3
6
cards
Year end adjustments - depreciation
What is a year end adjustments 1,
What are the 5 year end adjustmen...,
What is depreciation 3
6
cards
Year end adjustments - accurals and prepayments
What is an accural 1,
What is prepayment 2
2
cards
Year end adjustments - bad and doubtful debts
When is a debt a bad debt 1,
What are doubtful debts 2,
Provision for doubtful debts acco...
5
cards
Partnership accounts
How are accounts of a partnership...,
What are drawings and their relev...,
How are profits appropriated once...
4
cards
Intro to company accounts
Professional conduct rules of sol...,
What is an accouting reference da...,
What is different in content of f...
4
cards
Share capital, reserves and dividends
What are shown on the bottom half...,
What is a called up share capital 2,
What are reserves 3
12
cards
Debt finance
What are the two ways in which a ...,
What are the types of debt finance 2,
Types of debt finance loan facili...
8
cards
Security
What is a security and the reason...,
What are the different forms of s...,
What is a fixed charge 3
12
cards
Effect of equity and debt finance on Balance Sheet
Equity finance effect on balance ...,
How does one work out the price o...,
What is the effect on balance she...
8
cards
Corporate Insolvency
What is insolvency and when is a ...,
What are the directors obligation...,
What actions could directors take...
16
cards
Administration and receivership
What are the statutory objectives...,
Court procedure to appoint admini...,
Out of court procedure to appoint...
13
cards
Liquidation
What is liquidation 1,
Do liquidators have powers to run...,
What are the two types of liquida...
12
cards
Statutory order of Priority
What is the summarised statutory ...,
1 and 2 fixed charge assets 2,
3 other costs and expenses of liq...
8
cards
Personal Insolvency
What are the two formal insolvenc...,
Procedure of an iva 2,
What are the effects of an iva if...
15
cards
Fraudulent trading
What are the liabilities to direc...,
What power does the insolvency ac...,
Who can a claim for fraudulent tr...
6
cards
Wrongful trading
What are the key differences betw...,
What is the purpose of wrongful t...,
Who may bring a claim under wrong...
12
cards
Voidable transactions
What is a voidable transaction 1,
What is the difference between a ...,
When is the onset of insolvency i...
18
cards
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Business Law & Practice
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