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Verity Russell
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Decks in this class (65)
Week 11 - Partnerships
What does a partnership involve 1,
What are the three types of partn...,
What can partners do 3
3
cards
Week 11 - Limited Partnerships
What is a limited partnership and...,
What do limited partners do 2,
What must there be in a limited p...
4
cards
Week 11 - Limited Liability Partnership
What is a limited liability partn...,
Who is most drawn to limited liab...,
What is an llp 3
10
cards
Week 11 - Companies
What is the main legislation for ...,
What was the law trying to achieve 2,
How many sections are in the ca 0...
3
cards
Week 11 - Incorporation
What is incorporation 1,
What does an unincorporated organ...,
What is the first step of the reg...
6
cards
Week 11 - UK Business Stats
As of early 2025 how many private...,
What is total sme small medium en...,
The 8000 large firms 250 employee...
7
cards
Week 11 - Public Company
What must a public company s name...,
What is a plc entitled to do 2,
Who does a plc require 3
6
cards
Week 11 - Private Company
What must a private company s nam...,
What is a private company prohibi...,
What does a private company not r...
7
cards
Week 11 - Limited vs Unlimited Companies
Which companies are more rare 1,
What is an advantage of unlimited...,
What are unlimited companies not 3
11
cards
Week 11 - Limited Companies
Define a limited company in regar...,
What happens if the company gets ...,
Why are companies limited by guar...
4
cards
Week 11 - Companies - Summary
What are companies 1,
Companies may be 2,
What do plcs require on registrat...
5
cards
Week 11 - How to form a Registered Company
Which part of the company s act w...,
What does the memorandum of assoc...,
Why may you need the memorandum o...
6
cards
Week 11 - The Company Name
What must a public company name e...,
What must a private limited compa...,
How may a company name be changed 3
7
cards
Week 11 - Prohibited Names
When may a registrar refuse to re...,
How long are the proposed name re...
2
cards
Week 11 - How to Form a Registered Company 2
Who is a registered company forme...,
What do promoters have to do 2,
What documents do promoters have ...
7
cards
Week 11 - Articles of Association
What are articles of association 1,
Who do articles of association bi...,
When would model articles be need...
9
cards
Week 11 - Promoters
Who are promoters 1,
What are promoters 2,
What are promoters often 3
5
cards
Week 11 - -----
0
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Week 11 - -----
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0
cards
Week 12 - Corporate Decision-making Through Meetings
When does the meeting of director...,
What are meetings of shareholders...,
Who can call a general meeting 3
9
cards
Week 12 - Resolutions
What is a resolution 1,
How are resolutions generally pas...,
What is the other way of voting 3
8
cards
Week 12 - Special Resolution
What are special resolutions for 1,
What is the percentage requiremen...,
How much notice do shareholders n...
4
cards
Week 12 - Voting on Resolutions
What are the two ways of voting 1,
On a show of hands 2,
On a poll 3
7
cards
Week 12 - Notice
How many days notice is required ...,
How many days notice is required ...,
For shorter notice what percentag...
8
cards
Week 12 - Proceedings at Meetings
What does quorum mean 1,
What is the quorum normally 2,
Voting 3
5
cards
Week 12 - Insolvency
What is insolvency 1,
What happens if it is more serious 2,
What is it mainly governed by 3
8
cards
Week 12 - Insolvency - Administration
What is the first reason administ...,
What is the second reason adminis...,
What is the third reason administ...
4
cards
Week 12 - Insolvency - Voluntary Arrangement with Creditors
What does a voluntary arrangement...,
What was voluntary arrangement wi...,
What was the aim of creating the ...
3
cards
Week 12 - Administrator's Objectives
Who can apply for a form for an a...,
What is the law governing adminis...,
What is the first objective of an...
10
cards
Week 12 - Company Voluntary Arrangement
What is the cva 1,
What must a cva be approved by 2,
What are cvas supervised by 3
4
cards
Week 12 - Liquidation
What is liquidation winding up 1,
How does liquidation work 2,
How can you apply for liquidation 3
6
cards
Week 12 - Members' Voluntary Winding Up
What can members voluntary windin...,
What commences the winding up 2,
What must directors do for windin...
4
cards
Week 12 - Creditors' Voluntary Winding Up
How does creditors voluntary wind...,
What can creditors do 2,
Why would they do this 3
3
cards
Week 12 - Compulsory Liquidation
What act lays out the grounds for...,
What are the first 2 ways compuls...,
What are the final 2 ways compuls...
5
cards
Week 12 - The Liquidator
Who is the liquidator in compulso...,
Who is the liquidator in voluntar...,
What are the first 2 things that ...
7
cards
Week 12 - Order of Payment 1
Who gets paid first 1,
What gets paid second 2,
Who gets paid third 3
9
cards
Week 12 - Order of Payment 2
What is the overall order 1,
Who gets paid fifth 2,
Who gets paid sixth 3
7
cards
Week 12 - Fixed Charge Holders
Fixed charge providers the credit...,
What does the charge holder use t...,
Who are fixed charge holders 3
4
cards
---------------------------------------------------
0
cards
Week 13 - Director's Liabilities upon Insolvency
Wrongful trading what is the firs...,
Wrongful trading what is the seco...
2
cards
Week 13 - Fraudulent Trading S213 of Insolvency Act 1986
When does fraudulent trading apply 1,
Is fraudulent trading a criminal ...,
Is wrongful trading a criminal of...
11
cards
Week 13 - Avoid? Creditors Best Interest
How do directors avoid being accu...,
What does this result in 2,
Wrongful trading can only apply in 3
6
cards
Week 13 - Raising Capital
Who can be seen as investors in a...,
Capital may be raised in two ways...,
Capital may be raised in two ways...
7
cards
Week 13 - What is a Share?
Shareholder 1,
What is a share 2,
What does ca 2006 s540 define a s...
10
cards
Week 13 - Rights and Liabilities of Shareholders
What is the liability of the shar...,
What are the rights of the shareh...,
What are articles 3
8
cards
Week 13 - Allotment v Issue of Shares CA 2006
S558 when are shares alloted 1,
Define allotment 2,
Directors are generally not allow...
6
cards
Week 13 - Minimum Capital Requirements CA 2006
Public companies must have a nomi...,
At least a quarter of this must b...,
What is the minimum capital requi...
4
cards
Week 13 - Classes of Shares
Articles may specify 1,
A company might choose to issue 2,
Ordinary equity shares 3
5
cards
Week 13 - Ordinary (Equity) Shares
How common are ordinary shares 1,
When compared with preference sha...,
If the company goes insolvent 3
9
cards
Week 13 - Preference Shares
The nature of the distinction bet...,
What is the preference shareholde...,
However as with any other dividen...
9
cards
Week 13 - Redeemable Shares
Ca 2006 s684 1,
Who are redeemable shares usually...,
Redeemable shares may only be iss...
8
cards
Week 13 - Class Rights
S630 rights can only be varied 1 1,
S630 rights can only be varied 2 2
2
cards
Week 13 - Issue of Shares
Generally who must shares be offe...,
When can private companies not be...,
How can a public company dis appl...
4
cards
Week 13 - Issue of Shares at a Discount
The ca 2006 places restrictions o...,
Any non cash payments must be 2,
S552 3
3
cards
Week 13 - Issue of Shares at a Premium
Can shares be issued at a premium 1,
What does this mean 2,
How must any amount received by a...
3
cards
Week 13 - Issue of Shares for Non-cash Consideration
It is very common for shares to b...,
When do problems arise with this 2,
Who decides how much the property...
3
cards
Week 13 - Issue of Shares for Non-cash Consideration in Public Companies
What do more restrictions apply to 1,
S585 2,
Usually what must happen to any n...
5
cards
Week 13 - Re Bradford Investments
What did 4 members of a partnersh...,
What did they do to the existing ...,
What was the issue 3
5
cards
Week 13 - Dividend Payments
A company may not make a distribu...,
But there is no rule that 2,
When are dividends only payable 3
7
cards
Week 13 - Introduction to Loan Capital
If you can raise by shares what s...,
What can be used as loan security 2,
Define what a debenture is 3
6
cards
Week 13 - What is a Debenture
What does debenture include 1,
A debenture is a document produce...,
The lender is established as what 3
4
cards
Week 13 - Charges: The Security Behind the Loan
Chargeable assets 1,
Fixed charge 2,
Floating charge 3
8
cards
Week 13 - Registration of Charges
All charges created by the compan...,
What is the period for registrati...,
What does the registrar of compan...
7
cards
Week 13 - Shareholder v Debenture holder
Role 1,
Voting rights 2,
Cost of investment 3
6
cards
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Business Law 2
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