logo

Business Law in the UK: Legal Business Structures and Recommendations for IOM Solutions

   

Added on  2023-06-14

8 Pages2480 Words175 Views
Business Law
Business Law in the UK: Legal Business Structures and Recommendations for IOM Solutions_1
Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................3
Businesses & Organizations in the UK............................................................................................3
The legal business structure of UK companies................................................................................4
Sole Trader.......................................................................................................................................4
General Partnership..........................................................................................................................5
Partnership.......................................................................................................................................6
Limited Liability..............................................................................................................................6
Recommendations for IOM Solutions.............................................................................................7
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8
Business Law in the UK: Legal Business Structures and Recommendations for IOM Solutions_2
INTRODUCTION
Business law is linked with the legislation that shows that how the business are developed and
functioned. All the organisational management have to include themselves in several number of
activities in order to present the regular basis functions of the business with the aim of gaining
effective section of earning. The framework of business will depends on their functions in terms
of the sole proprietorship, corporations and as well as international management (Bouderhem,
2021). As it also engaged with various liabilities through which the business deals to manage
legal term of duties. So, the commercial laws involves several section of legislation that operates
the management from their start to last section. The following report deals with the case of
various sort of the management as with their advantages, disadvantage, legal liabilities and as
well as effective recommendation in context to Sam in the business.
TASK
Businesses & Organizations in the UK
In UK, the basic section that manages the business of the Company Act of 2006. On the
other side, the business also need to manage there provision of employment laws and contract
laws as appropriately and effectively. It is a basic criteria field of the success of the management.
It will depends on their sections and manner of business with several rights that covers separate
legal entity, common seal and right to sue and to be sued. It also engage the framework of non-
disclosure dealing and letter of intent and many other. The employment laws also functioned
with the leaders and as well as employees for legal commitment of any ineffectual act on their
division as against to the management or any other person. So, the business can also made
effective and efficient strategies as if one gets fail to follow their roles and duties as per to the
norms and laws then such strategies will presented in the legislation act. The directors are the
person who are responsible for the managerial actions and for presenting the activities of the
business by following liabilities on section of them due to higher term of agreement of certain
orientated duties (Crow, 2021). As they required to take effective measures to evaluates their
situations of the management at the time of authorized section. But it also include the case in the
directors that will evaluates the personal capacity. As it also engages the case in that, the
directors of business will presented some issues and being liable by any other commissioned
directors in that one can be asked to develop certain compensation for the future los s. It will also
Business Law in the UK: Legal Business Structures and Recommendations for IOM Solutions_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Key Sources of Laws for Business Organizations in the UK
|8
|2504
|369

Business Organizations: Types, Management, and Taxation
|11
|2565
|42

Nature and Management of Business Organizations in the UK
|8
|2653
|429

Key Sources of Laws for Business Organizations in the UK
|9
|2381
|281

Legal Business Structures in UK: Sole Proprietorship, Partnership, LLP and LLC
|11
|2776
|251

Key Sources of Laws for Business Organisations in the UK
|8
|2484
|283