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48 Pages • Complete Study Notes • Year Uploaded: 2023
The corporate form, as a basic legal structure for the operation and conduct of businesses, pervades the commercial world. This is however no indication that the company is a simple structure. On the contrary, because it is effectively a web of different interests, rights and obligations, the company is a highly complex structure. As such, the corporate form is fittingly the most regulated of all business entities. In this course, we will examine diverse aspects of how a company is formed, managed and controlled, how it transacts with third parties, how it funds its activities, and how it is wound up. with third parties, how it raises capital, and finally, how it may be wound up or restructure At the end of the course, you may expect to have a good understanding of– • the company as a separate legal entity; • the legal framework that regulates a company’s activities; • the different groups of persons (eg, shareholders, directors, creditors) with rights and liabilities in a company; • how a company transacts with third parties; • the legal responsibilities of those who control a company; • how a company raises and maintains its capital; and • how a company ends or restructures its business.
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