Business Law: Formation, Management and Funding of Business Organizations
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This presentation on Business Law by Desklib covers the legal formation, management and funding of business organizations. It discusses various types of business structures such as sole proprietorship, partnership, and companies, and how they are managed and funded. The presentation also includes references for further reading.
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Unit 7- Business Law (Task 3)
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Table of Contents Introduction How businesses are legally formed How businesses are managed and funded Conclusion References
Introduction Business law can be referred to as thesetofrulesandobligations whichareaimedtogovernthe commerce, trade and business of the country. Its application is only for the rights, conduct and relation of the business and people associated with it.
How business organizations are formed legally There are many kinds of business structure which includes incorporated and unincorporated that are varied on the basis of ownershiptitle.Theformerinvolvesindividualbusiness enterprisewhileotherisabusinesswhichissameas partnershiporsoleproprietorship.Variousbusiness organization and their legal formation are discussed below- •Sole proprietorship •Partnership •Companies
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How businesses are managed and funded Every business varies on the basis ofitsstructure,ownershipand legality. These are managed and funded as follows- •Sole proprietorship •Partnership •Companies
CONCLUSION From this PPT it can be concluded that there are many business organizationswhicharelegallyformedthatincludessole proprietorship, companies, partnership, etc. These are managed and funded as per their legality, structure and ownership.
References Vujisić, D., 2019. Digitalisation in company law.Pravo i privreda, 57(4-6), pp.144-153. Caliskan,S.,2019.Companyliabilityandcompetitionlaw: exposure of company to risk of undesirable behaviour of directors. Liverpool Law Review,40(1), pp.1-29. Andersen, P.K., 2018, August. The European Model Company Act (EMCA)—a tool for European integration. InERA Forum(Vol. 19, No. 1, pp. 77-85). Springer Berlin Heidelberg.
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