Question 1: Make a report in which you compare and contrast a partnership, a limited liability partnership and a private limited company for a client who is starting up a business with some friends and has asked for advice on this topic.
Question 2: Set out the regulatory framework for takeovers and mergers and director’s duties in a takeover condition.
Question 3: Shareholders have means at their disposal of controlling the conduct of directors. To what extent are minority shareholders able to control the actions and conduct of a majority of shareholders?
Question 4: Describe what is meant by the rule in Foss v Harbottle. Set out the exceptions to the rule, making reference to legislation and case law.
Question 5: What are the differences between a private and public company? What in brief are the changes in this area brought in by the 2006 legislation?
Question 6: The Companies Act 2006 introduced statutory duties which directors are needed to fulfill. What are the statutory duties and what is their relationship with the common law?
Question 7: What is meant by the term corporate personality and limited liability? Use case law to describe your answer.
Question 8: What is the distinction between a fixed and a floating charge and why is the distinction significant?