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E-grāmata: Business Law

(Professor and Director of Learning & Teaching, University of York), (Senior Lecturer in Law, Nottingham Trent University)
  • Formāts: 368 pages
  • Sērija : Legal Practice Course Manuals
  • Izdošanas datums: 24-Jun-2021
  • Izdevniecība: Oxford University Press
  • Valoda: eng
  • ISBN-13: 9780192658272
  • Formāts - EPUB+DRM
  • Cena: 46,74 €*
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  • Formāts: 368 pages
  • Sērija : Legal Practice Course Manuals
  • Izdošanas datums: 24-Jun-2021
  • Izdevniecība: Oxford University Press
  • Valoda: eng
  • ISBN-13: 9780192658272

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Written by two experts in the field, Business Law provides practical, up-to-date coverage of company, partnership, taxation, and insolvency law. The manual provides all of the required material students need to understand the latest legal developments affecting business law transactions, with
a particular focus on relevant taxation law and business accounts.

Examples are used throughout the manual to enable students to contextualize their learning effectively. Extensive and updated statutory references allow students both to cross-refer to appropriate primary sources, and to use the guide to interpret such sources. The book's depth of coverage,
accessible format, and clear structure make it an ideal reference for students on the Legal Practice Course.
Preface xiii
Table of cases
xiv
Table of legislation
xvi
Table of secondary legislation
xxiii
PART I Partnerships
1(36)
1 Characteristics of partnerships
3(4)
1.1 Introduction
3(1)
1.2 Relevant law
4(1)
1.3 Definition of partnership
4(1)
1.4 Nature of partnership and terminology
4(1)
1.5 Number of partners
4(1)
1.6 Capacity
5(1)
1.7 Duration of partnership
5(1)
1.8 Partnership name and publicity of information
5(2)
2 Partnership management and finance
7(8)
2.1 Introduction
7(1)
2.2 The legal relationship between the partners (s. 24)
7(2)
2.3 The duty of good faith
9(1)
2.4 The partnership's finances
10(1)
2.5 The distinction between a partner and a lender
10(1)
2.6 Division of profits and sharing of losses between partners
11(2)
2.7 Payment of interest
13(1)
2.8 Partnership property
13(2)
3 Liability of partners to outsiders
15(5)
3.1 Introduction
15(1)
3.2 Nature of liability
15(1)
3.3 Partnership and agency
16(2)
3.4 Persons held out as partners
18(1)
3.5 Liability of new partners
18(1)
3.6 Partners' liability in tort
19(1)
3.7 Suing or being sued
19(1)
4 Partnership disputes
20(3)
4.1 Introduction
20(1)
4.2 Dissolution by the court
20(1)
4.3 Appointment of a receiver
21(1)
4.4 Arbitration
21(1)
4.5 Expulsion of a partner
22(1)
5 Termination of and retirement from a partnership
23(9)
5.1 Introduction
23(1)
5.2 Dissolution of partnership
23(5)
5.3 Retirement of a partner
28(2)
5.4 Death
30(2)
6 The partnership agreement
32(5)
6.1 Introduction
32(1)
6.2 Is a written partnership agreement necessary?
32(1)
6.3 The clauses of the partnership agreement
33(2)
6.4 Issues for an incoming partner
35(2)
PART II Companies
37(138)
7 Limited companies---an introduction
39(6)
7.1 Introduction
39(1)
7.2 Sources of company law
39(1)
7.3 Registration
40(1)
7.4 Types of registered company
41(1)
7.5 Separate legal personality
42(1)
7.6 `Lifting the veil of incorporation'
43(2)
8 Formation of a limited company
45(17)
8.1 Introduction
45(1)
8.2 Promoters
46(1)
8.3 Pre-incorporation contracts
46(1)
8.4 Methods of providing the client with a company
46(1)
8.5 Steps leading to incorporation
47(1)
8.6 Issues to be considered on registration
47(4)
8.7 The certificate of incorporation
51(1)
8.8 Steps necessary after incorporation
52(1)
8.9 Publication of a company's name
52(1)
8.10 Statutory registers
53(4)
8.11 Changes to a company's features
57(1)
8.12 Change of name
58(1)
8.13 Change of accounting reference date
59(1)
8.14 Change of registered office
60(2)
Appendix: Companies House Forms and Fees
60(2)
9 Directors and secretary
62(23)
9.1 Introduction
62(1)
9.2 Division of powers within a company
62(1)
9.3 Appointment of directors
62(2)
9.4 Managing directors
64(1)
9.5 Shadow directors
64(1)
9.6 Disclosure of information on directors
64(1)
9.7 Retirement of directors
65(1)
9.8 Removal of directors from office
66(2)
9.9 Powers of directors
68(2)
9.10 Directors' duties
70(5)
9.11 Statutory controls on contracts between companies and directors
75(6)
9.12 The directors and protection of outsiders
81(3)
9.13 The company secretary
84(1)
10 Shareholders
85(13)
10.1 Introduction
85(1)
10.2 Registration of membership
86(1)
10.3 Powers and duties of shareholders
87(1)
10.4 Internal disputes---introduction
88(1)
10.5 The constitution as a contract
88(2)
10.6 Actions by shareholders
90(1)
10.7 Unfair prejudice
91(2)
10.8 Just and equitable winding up
93(1)
10.9 Use of company earnings
93(1)
10.10 Declaration and payment of dividends
94(1)
10.11 Restrictions on sources of dividends
95(3)
11 Company finance
98(27)
11.1 Introduction
98(1)
11.2 Issue of shares
99(6)
11.3 Share capital
105(7)
11.4 Financial assistance by company for purchase of shares
112(1)
11.5 Classes of shares
112(1)
11.6 Finance through borrowing
113(1)
11.7 Secured loans
114(3)
11.8 Registration of charges
117(2)
11.9 Priority of charges
119(1)
11.10 Remedies of debenture-holders
120(1)
11.11 Receivers
120(1)
11.12 Position of lenders and debenture-holders
120(1)
11.13 Steps to be taken by a lender to a company
121(4)
Appendix: Impact Of Buy-Back Of Shares On A Company's Balance Sheet
121(4)
12 Disposal of shares
125(10)
12.1 Introduction
125(1)
12.2 Transfer of shares
125(4)
12.3 Transmission by operation of law
129(1)
12.4 Buy-back and redemption by a company
129(1)
12.5 Financial assistance
129(6)
Appendix: Stock Transfer Form
133(2)
13 Company meetings and resolutions
135(10)
13.1 Types of general meeting
135(1)
13.2 Resolutions
136(1)
13.3 Calling a general meeting
137(1)
13.4 Notice of meetings
138(2)
13.5 Proceedings at meetings
140(1)
13.6 Minutes and returns
141(1)
13.7 Written resolutions
142(1)
13.8 General conclusions
143(2)
14 The articles of a private company
145(9)
14.1 Introduction
145(1)
14.2 Provisions concerning shares and membership
146(2)
14.3 Provisions concerning meetings of shareholders
148(1)
14.4 Provisions concerning directors
149(2)
14.5 Single member companies
151(1)
14.6 Alteration of articles
151(3)
15 Disclosure obligations of companies and company accounts
154(12)
15.1 Introduction
154(1)
15.2 Company searches
155(1)
15.3 The duty to prepare and submit accounts
156(2)
15.4 Small and medium-sized companies
158(2)
15.5 Profit and loss account
160(1)
15.6 Balance sheet
161(1)
15.7 Format of accounts
162(1)
15.8 Interpretation of accounts
163(1)
15.9 Solvency
164(1)
15.10 Profitability
165(1)
16 Public companies
166(9)
16.1 Introduction
166(1)
16.2 The distinguishing features of a public company
166(5)
16.3 Seeking and maintaining a listing
171(4)
PART III Taxation
175(60)
17 Income tax: sole traders and partnerships
177(9)
17.1 Basic system
177(1)
17.2 Taxable profits from a business
178(2)
17.3 The basis of assessment: the tax year
180(2)
17.4 Losses under the income tax system
182(2)
17.5 Income tax liability of partnerships
184(2)
18 The corporation tax system
186(6)
18.1 Introduction
186(1)
18.2 Calculation of profits
186(2)
18.3 Assessment
188(1)
18.4 Loss relief
189(2)
18.5 Close companies
191(1)
19 Taxation of directors' fees and employees' salaries
192(8)
19.1 Introduction
192(1)
19.2 The employer's perspective
192(1)
19.3 The employee's perspective
193(5)
19.4 The proprietors of a business
198(1)
19.5 IR35 companies
198(2)
20 Taxation of distributions and debenture interest
200(4)
20.1 Introduction
200(1)
20.2 Taxation of distributions by way of dividend
200(1)
20.3 Debenture interest
201(3)
21 Capital allowances
204(6)
21.1 Introduction
204(1)
21.2 The capital allowances system
205(4)
21.3 `Super-deduction' and `special rate' writing down allowances
209(1)
22 Capital gains tax and inheritance tax on business assets
210(20)
22.1 Introduction
210(1)
22.2 Capital gains tax
210(8)
22.3 CGT in the business context
218(1)
22.4 Disposals of partnership property
218(1)
22.5 Disposals of shares
219(1)
22.6 Disposals of business assets owned by those involved in the business
220(1)
22.7 The purchase by a company of its own shares
220(2)
22.8 Inheritance tax
222(8)
23 Value Added Tax
230(5)
23.1 Introduction
230(1)
23.2 Registration
230(1)
23.3 Taxable supplies and the charge to VAT
231(1)
23.4 Accounting for VAT
231(4)
PART IV Insolvency
235(40)
24 Personal bankruptcy
237(12)
24.1 Introduction
237(1)
24.2 The bankruptcy procedure
237(3)
24.3 The trustee in bankruptcy
240(1)
24.4 Effect of the bankruptcy order on the bankrupt personally
241(1)
24.5 Assets in the bankrupt's estate
242(2)
24.6 Distribution of the bankrupt's assets
244(1)
24.7 Duration of the bankruptcy and discharge of the bankrupt
245(1)
24.8 Individual voluntary arrangement
246(1)
24.9 Debt Relief Orders
247(2)
25 Company insolvency proceedings
249(22)
25.1 Introduction
249(1)
25.2 Moratorium
250(2)
25.3 Administration orders
252(6)
25.4 Voluntary arrangements
258(1)
25.5 Receivership
259(2)
25.6 Liquidation or winding up
261(2)
25.7 Liquidators
263(1)
25.8 Collection and distribution of assets in liquidation
264(1)
25.9 Entitlement to assets
265(3)
25.10 Dissolution
268(1)
25.11 Application to partnerships
268(1)
25.12 Restructuring plan
269(2)
26 Liabilities arising from insolvency
271(4)
26.1 Wrongful trading
271(1)
26.2 Transactions at an undervalue and preferences
272(1)
26.3 Transactions defrauding creditors
273(1)
26.4 Floating charges
273(2)
PART V Additional topics
275(30)
27 Choice of business medium
277(7)
27.1 Introduction
277(1)
27.2 Risk of capital
277(1)
27.3 Expense
278(1)
27.4 Management
279(1)
27.5 Publicity
280(1)
27.6 Taxation---trading profits
280(1)
27.7 Capital gains
281(1)
27.8 Inheritance tax
282(1)
27.9 National Insurance
282(1)
27.10 Raising finance
282(1)
27.11 Conclusion
283(1)
28 Limited liability partnerships
284(10)
28.1 Introduction
284(1)
28.2 Key elements of LLPs
285(6)
28.3 Factors influencing choice
291(2)
28.4 Conclusion
293(1)
Appendix: Companies House Fees: Limited Liability Partnerships
293(1)
29 Sale of a business to a company
294(6)
29.1 Introduction
294(1)
29.2 Income tax
294(1)
29.3 Capital gains tax
295(2)
29.4 VAT
297(1)
29.5 Stamp duty/stamp duty land tax
297(1)
29.6 Subsidiary matters
298(2)
30 Shareholders' agreements
300(5)
30.1 Introduction
300(1)
30.2 Advantages of a shareholders' agreement
300(1)
30.3 Drafting a shareholders' agreement
301(2)
30.4 Legal limits on the use of shareholders' agreements
303(1)
30.5 Enforcing the agreement
303(2)
Index 305
J. Scott Slorach MA (Oxon) is a Professor and Director of Learning and Teaching, York Law School, University of York.

Jason Ellis MA (Oxon), LLM is Senior Lecturer in Law at Nottingham Law School, Nottingham Trent University.