Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Business Law in Practice 2016/17

No description
by

Josh Pugsley

on 9 September 2016

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Business Law in Practice 2016/17

Company Decision Making
Consolidation
Business Law & Practice
A visual tour
Company Structures
Directors Duties
Tax
Company Incorporation
Company
Roles
Companies Act 2006
Insolvency Act
Case Law
Partnerships
3 types...
General Partnership (traditional model)
No formality required (and costs nothing to set up)- exists where there is
a relationship between persons carrying on a business in common with view to making a profit

(s.1(1) PA 1890)
.
Corporate entities can be partners -
PA 1890
does not distinguish between actual and legal persons
No intention required to form - just exists on facts!
Unlimited liability!
Section 2 PA 1890
contains
list of rules
for determining
whether a partnership exists
.
Case law is also relevant...
...for example:
Northern Sales Limited v Ministry of National Revenue

provided that:
If there is an
AGREEMENT
to
SHARE LOSSES
as well as
PROFITS
, this makes the
EXISTENCE
of a partnership
MORE LIKELY
...and..:
Walker v Hirsch

provided that:
If a person is not being
HELD OUT AS A PARTNER
, this makes the existence of a partnership
LESS LIKELY
Full transcript