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FLK1 - Business Law & Practice

This class was created by Brainscape user Chantelle Johnson. Visit their profile to learn more about the creator.

By: Chantelle Johnson
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Decks in this class (17)

Corporate Principles
What is limited liability,
Which business mediums have limit...,
What is the effect of limited lia...
25  cards
Business Mediums
Examples of unincorporated busine...,
O non party cost orders o if ther...,
How is a sole trader governed
29  cards
Partnerships
When does a general partnership c...,
When does a,
What effect does the partnership ...
119  cards
Incorporation
What is incorporation,
What is the effect of incorporation,
What documents must be filed with...
95  cards
Company Decision Making
What is the role of ds and sh,
What power is given under ma3,
What is the shareholders role re ...
98  cards
Company Officers
Who can be a shareholder,
How does someone become a shareho...,
What power do shareholder s with ...
186  cards
Company Filing Obligations
What documents must companies fil...,
What is the purpose of the confir...,
On what form is the confirmation ...
46  cards
Company Shares
What is the nominal value of a share,
What is a share premium,
How is the share premium calculated
85  cards
Business Loans
How can companies raise funds,
What is the position under the mo...,
If the articles have been amended...
87  cards
Business Accounts
What do accounting records list,
When will a business need to prod...,
Who maintains business accounts a...
73  cards
Corporate Insolvency
What entities are these flashcard...,
What duty do directors owe on ins...,
What is the liability of the dire...
154  cards
Individual Insolvency
To whom are these rules relevant,
What is the test for insolvency,
How can a creditor prove insolvency
71  cards
Trading Profits and Losses
Why does a business need to calcu...,
Are there separate methodologies ...,
What are the types of profit
45  cards
Income Tax
What is income tax payable on,
Who pays income tax,
What step must be taken prior to ...
54  cards
Capital Gains Tax
When is cgt payable,
Who pays cgt,
What is the position in relation ...
95  cards
Corporation Tax
What is corporation tax payable on,
What is the position in relation ...,
Give an overview of a corporation...
54  cards
VAT & Tax Avoidance
When does vat need to be paid,
What is the current standard rate...,
What is the general position in r...
37  cards

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FLK1 - Business Law & Practice

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