Business Law: Types of Business Organizations, Employment and Contract Law, Duties of Directors

Business law

TABLE OF CONTENT
INTRODUCTION.......................................................................................................................................3
PART 3- Case study....................................................................................................................................3
1. The different legal types of business organisation and the steps taken to form a company..................3
2. The potential impact of employment and contract law upon a Green Courier Services.......................5
3. Duties of Directors under company law...............................................................................................6
4.Responsibilities of the Company when raising capital, during company meetings and shareholder
meetings..................................................................................................................................................7
CONCLUSION...........................................................................................................................................8
REFERENCE..............................................................................................................................................8

INTRODUCTION
Business law Deals with branch of law that helps out to maintain all the corporative laws in act
with civil rights and laws in order to protect the business organisations. Business legislation is
mainly the status through which all the important regulations of business can be framed by civil
law as it helps out to maintain the issues of public and private laws (Ansari, 2019). It helps in
maintaining the changes with all the intellectual areas which has been faced in the business
practices in various types and sizes. In order to maintain the business law there are various
enactments of legislations that are being needed like employment law, company, contract and
many more this report will cover different forms of business organisations and their further
impact in the laws and on the firms.
PART 3- Case study
1. The different legal types of business organisation and the steps taken to form a company.
Business organisation has different legal types they are as follows:
 Partnership: It is mainly when two or more individuals mutually discuss and decide to
open any business in a partnership firm then they are meant to be partners. In such
business practices there is a mutual contribution of capital and also the sharing of profit
and loss by the partners will be in equal manner as that will be set out through the
partnership agreement. It covers out unlimited liability with various debts and assets with
liabilities area. This mainly require registration in order to form from HMRC And also
through the partnership agreement. One more partnership that is being made is through
limited liability as it cover partners who have limited liabilities in debts and it can
maintain the capital contribution in the firm. But in order to form both the partnership
there is the registration from HMRC and company house is being needed.
 Sole proprietorship: Such kinds of business practice have a single owner used to carry all
the business practises alone. All the personal liabilities and debts are being handled by
the owner of the firm (Bobyleva, and Lvova, 2018). It mainly covers the formation
through the registration processes in HMRC with appropriate names of the sole
proprietorship. They usually are not involved in any kind of formation of business
practices of organisation.