This module considers the UK law of registered companies. It addresses the framework within which a company exists and how a company can operate. The module examines the principles that apply to both private and public companies. During the course of the module you will gain an understanding of the role of the company as a type of business enterprise and how it functions within the legal and business worlds.
The module enables you to identify legal issues and problems that arise through the use of a company and how to deal with them from a practical legal perspective throughout the life of a company from incorporation to liquidation.
Upon completion of this Module a Trainee should be able to:
- Explain the key rules and characteristics of registered companies, partnerships and LLP’s.
- Explain the internal structure of a company, its management and control, legal restrictions and requirements placed on the board or partners.
- Explain the protection offered in law to minority shareholders.
- Explain the process by which a company may be wound up.
- Identify key features of the various types of business agreements (franchise, agency & distribution).
- Explain the domestic and European anti-competition legal framework.