Company Law Essay example
Masters
Essay
Finance & Accounting
Pages 4 (1004 words)
Download 0
COMPANY LAW Name Institution Business law has a great bearing in the success of a business. These laws are mechanisms that have been put in place to oversee a conducive business environment. Basics fundamental business laws that apply in a business set up include, contract law, property rights, land rights, land titling system, intellectual property rights, company law, collateral law, and insolvency law (Cheesman, 2009)…

Introduction

Further, company law largely interprets business law to the affected parties. Business just like any other discipline, which involves interaction between two or more parties, cannot be wholly exonerated from instances of conflicts (Emerson, 2009). Business law attempts to address diverse issues in a business. It enables swift and efficient enforcement of contracts. In addition, it ensures adequate legal protection to both private and personal property; it ensures clear framework and mechanisms for transferring and registering property. Furthermore, it also sees to it that intellectual property get due protection and enforcement. Business law ensures stability and the existence of a framework able to accommodate the management, operations, and establishment of companies. Company law puts in place a legal framework on how companies operate. It handles issues such as company formation, regulations in terms of limiting liability of members and general company’s functions and performance. Company law protects both investors and the public in their daily business transactions. Investment law offers grant to some businesses irrespective of their legal form. It also contains regulations in respect to transfer of shares in the Capital market. ...
Download paper
Not exactly what you need?

Related papers

Company law for accounts. A promoter of a company. Pre-incorporation contracts. Change of company name.
This is mean to protect shareholders from exploitation by promoters. In case a promoter makes a profit secretly, the company may commence a legal action for rescission or recovery of the profits made secretly. This promoter is assumed to have executed without outmost good faith. This means that disclosure of their activities is the most important issue and they must work within the objectives of…
contract law
In order to determine whether there was a valid legal contract between Mr. Spike and Mr. Tom and to best advice the parties it is necessary to discuss the above mentioned essential elements for formation of a contract and how the presence of each element is achieved. An offer has been defined as an expression of willingness by one party known as the offeror, to contract or be bound on stated…
Corporations and aspects of Labour Law
The principles of fairness, transparency and accountability need to be incorporated in corporate governance for a sustainable development. The role of the government in providing the framework helps in establishing the benchmark or threshold for the companies to follow the best practices is very important because, it influences policy making in the corporate world and instill competition among the…
Law For Accounting: Employment Law
This test seeks to determine whether when the person is in charge of the operation of the employment contract the employer has control over the job, the time of the job and the work place (Lockton 2006, p. 35). In James’ situation he is in charge of the classes at the hotel’s fitness club thus can take time off and independently plan his own cover from the other instructors working in the…
Over Recent Decades, Developments in Company Law and Financial Reporting Standards Have Impacted Significantly on the Reporting
This paper focuses on the requirements of U.K. companies for representing financial statement while maintaining some accounting standards and company laws as well as the comparison of financial reporting standards of U.K with that of USA. The current requirements for the reporting of the financial performance of companies in the U.K. In June 2002 the European Union adopted the International…
Company Law Assignment
Non observance of this provision will attract both fine and imprisonment. (Walton & Henderson 2005:17). Under s 195(2), an interested director of a public company may vote and even present in the board meeting provided if the board passes a resolution before such matter is voted upon The nature and magnitude of the director’s interest in that business are taken into recognition by the board The…
Boutique Law Firm and Title Company in Hohenwald Tennessee.
James Mark has a passion for the law and is comfortable with the real estate aspects of it. Specifically title searches, which forms the genealogy of land ownership. As a starting company, Syndicate Law firm will forecast its revenue. Revenue forecast is the amount of money calculated that Syndicate firm expects to receive from its sales. It is almost impossible to predict the yearly revenues of…