StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Article example - Company Law

Only on StudentShare
Pages 8 (2008 words)
Corporate governance concerns the systems by which companies are directed and controlled. (1) The topic should not be studied in isolation within any one country. Instead, corporate governance is becoming an important issue in all industrial economies, and students of the topic need to be aware of what is occurring outside their respective countries…

Extract of sample

(2) In other words it is the body of rules, whether by convention, agreement, or national or international legislation, governing the dealings between persons in commercial matters.
Business law falls into two distinctive areas: (1) the regulation of commercial entities by the laws of company, partnership, agency, and bankruptcy and (2) the regulation of commercial transactions by the laws of contract and related fields. In civil-law countries, company law consists of statute law; in common-law countries it consists partly of the ordinary rules of common law and equity and partly statute law. Two fundamental legal concepts underlie the whole of company law: the concept of legal personality and the theory of limited liability. Nearly all statutory rules are intended to protect either creditors or investors. There are various forms of legal business entities ranging from the sole trader, who alone bears the risk and responsibility of running a business, taking the profits, but as such not forming any association in law and thus not regulated by special rules of law, to the registered company with limited liability and to multinational corporations. ...
Download paper
Not exactly what you need?

Related papers

Legal Infrastrucure Business Essay
Whereas commercial law is a type of civil law and is effectively covers the most dealings. It provides the fundamental safety of intellectual property. It has broad scope in it (Ordish and Alan, 2008). Developing an industry is not so easy to think and do. Instead it is an action of society in which it has a need to direct by Government law, policies of the specific countries, where these…
6 pages (1506 words)
Industry Analysis of Real Estate Law
According to an article on step by step process of how real estate can close a paperless loan, it is evident that the real estate industry is coming up with new ideas. These new ideas are meant to boost the industry in terms of growth and development. Although many people have been curious on how these paper the industry is embracing this new idea. It is now possible for a person to close their…
13 pages (3263 words)
For instance, the Company law of 2006 seems to be a restatement of the 1985 version with only a few amendments. This article will analyze a case study of the McDaid Company to evaluate the concept of the UK company law that singles out a registered company as a separate legal entity. This will be achieved by reflecting on a well-known case of Salomon v Salomon & Co (1897), in which this law…
4 pages (1004 words)
Company Law and Business Client
A company on incorporation is a legal entity or person distinct from its members and its property is not the property of the members. The national and domicile of the company is determined by its place of registration. A company incorporated in the U.K will normally have British Nationality as well as English or Scottish Domicile. In general, residence depends upon the place where central control…
10 pages (2510 words)
Company Law Essay
The company act, 1985 and 2006 tries to fulfil that demand. By this act, the formation, regulation, shareholders, powers of the directors, meetings etc are properly admitted. The act has properly incorporated the rules and regulations by which the company can be controlled and financed. "It provides the means by which people are held to account for the exercise of corporate economic power. And it…
8 pages (2008 words)
Company law Reform Bill
These directors together are called the Board of Directors. Since all the directors cannot execute individually they elect one among them as a Managing Director. The board of Directors will take all policy decisions in the Board meeting and the Managing Director executes the decision taken by the board.…
10 pages (2510 words)