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

Case Study 2

Table of Contents
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....4
3. Duties of Directors under company law.............................................................................6
4.Responsibilities of the Company when raising capital, during company meetings and
shareholder meetings..............................................................................................................6
5. How company resolutions are passed and the matters resolutions are required for..........7
CONCLUSION..........................................................................................................................8

INTRODUCTION
Company law is seen as the body of laws that regulates much of the enterprise, is
deemed to be the branch of civil law which deals on private and public matters. It is one of
the scientifically demanding studies in which businesses of all sizes face a constantly shifting
legal puzzle (Arvind, 2017). There is a broad scope of corporate law that comprises several
laws that cover contracts, jobs, companies, data security and a wide range of statutes. It is
vital that companies comply with the rules so that the companies do not face legal difficulties.
The study is divided into three sections, firstly the essay on civil and criminal law
applications in the United Kingdoms and on how the justice system functions in the United
Kingdom. Part two discusses case studies on contract law and part three discusses various
ways of company organisation and corporate law impacts on companies.
PART 3- Case study
1. The different legal types of business organisation and the steps taken to form a company.
There are many different types of business organisations which are legally formed.
These are discussed below-
 Sole proprietorship- It consists of an individual owner who is responsible for the
company day by day. For all the company's debts and obligations, the owner has
personal responsibility (Buhmann, 2017). The establishment of sole ownership only
requires a filing under the corresponding HMRC term. The formation of this
organisation is much less organised.
 Partnership- There is two or three people who want to open the alliance form
together. This are referred to as partners. They add mutually to the company's capital
and share benefit and loss in accordance with the terms of a cooperation arrangement.
The partners are liable to loans and liabilities without limitation. The HMRC
registration and a relationship agreement are required for their training (Chin, 2020).
A second form of arrangement is limited responsibility for limited obligations of
investors to extend their capital commitment for the debts and liabilities of the
company. Their training includes HMRC and Companies House registration.
 Company- It is an artificial figure with a traditional seal. The corporation is a separate
and autonomous legal body. The business through be public if the public is the owner