HND Business Law: Legal Formation, Management & Funding of Businesses

This presentation provides an overview of business law, focusing on how businesses are legally formed, managed, and funded. It discusses various business structures, including sole proprietorships, partnerships, and companies, detailing their legal formation processes. The presentation also explains how these different business types are managed and funded, considering their unique structures, ownership, and legal requirements. The presentation concludes that business organizations are legally formed that includes sole proprietorship, companies, partnership, etc, and these are managed and funded as per their legality, structure and ownership. References to academic sources are included to support the content.

Unit 7- Business Law
(Task 3)

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
the set of rules and obligations
which are aimed to govern the
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
ownership title. The former involves individual business
enterprise while other is a business which is same as
partnership or sole proprietorship. Various business
organization and their legal formation are discussed below-
• Sole proprietorship
• Partnership
• Companies

How businesses are managed and
funded
 Every business varies on the basis
of its structure, ownership and
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
organizations which are legally formed that includes sole
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. Company liability and competition law:
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. In ERA Forum (Vol. 19,
No. 1, pp. 77-85). Springer Berlin Heidelberg.

Thank You