This guide provides a comprehensive overview of law for business managers, covering the different forms of business, contract law, and director duties. It discusses the advantages and disadvantages of sole proprietorship, partnership firm, limited liability partnership, and limited company. It also explains the essential elements of a valid contract and the duties of a director under the Companies Act of 2006.

Submission Deadline Marks and Feedback

This assignment requires the student to answer three parts related to setting up a business and demonstrate knowledge and understanding of key areas of business law.

Discover business forms, contract law, and director duties in a guide for managers. Explore types of businesses and valid contracts.

Law for Business Managers: Forms of Business, Contract Law, and Director Duties

This guide covers the different forms of business, including sole proprietorship, partnership, limited liability partnership, and limited company. It also discusses the essential elements of a valid contract, such as offer, acceptance, consideration, legal intention, and invitation to offer. Additionally, it explains the duties of directors as per the Companies Act of 2006, including the duty to uplift the performance of the company, act within the prescribed authority and powers, possess certain skills and due diligence, exercise independent judgement, and avoid conflicts within the enterprise.

Law for Business Managers: Forms of Business, Elements of Contract, and Directors' Duties

Accounting

This report discusses the advantages and disadvantages of different business structures such as sole proprietorship, partnership, and company. It also highlights the legal issues faced by each structure and provides recommendations for starting a business.

University of Exeter

Introduction to Business Law: Case Study on Business Structures

(Solved) Business Law - Assignment

Business Law Assignment | Business Structures

This essay discusses different types of business organizations, tall and flat organizational structures, business functions, and the impact of positive organizational culture on business success using Hotel Premier Inn as an example.

Leadership Management

Understanding Business Organisations

Integrated Science

This report provides an overview of sole proprietorship as a business ownership structure. It discusses the characteristics, advantages, and disadvantages of sole proprietorship, including the freedom from legal liabilities, the individual ownership and management, unlimited liabilities, and decision-making power. The report also highlights the advantages of sole proprietorship, such as complete control and minimal legal costs, as well as the disadvantages, such as business continuity issues and difficulty in raising capital. References to relevant books and journals are provided for further reading.

Law for Business Managers: Forms of Business, Contract Law, and Director Duties

Law for Business Managers: Forms of Business, Elements of Contract, and Directors' Dutieslg...

Introduction to Business Law: Case Study on Business Structureslg...

(Solved) Business Law - Assignmentlg...

Business Law Assignment | Business Structureslg...

Understanding Business Organisationslg...

Characteristics, Advantages and Disadvantages of Sole Proprietorshiplg...

Law for Business Managers: Forms of Business, Elements of Contract, and Directors' Duties

Introduction to Business Law: Case Study on Business Structures

(Solved) Business Law - Assignment

Business Law Assignment | Business Structures

Understanding Business Organisations

Characteristics, Advantages and Disadvantages of Sole Proprietorship