Company Law An Introduction 公司法导论英.pptx

Company Law:An IntroductionLecturer: Zhang Liguang2011.04.111Outcomes of this unitBy the time students have completed this unit, they should achieve four separate outcomes which are listed as below:? Be able to describe the separate legal personality of a company, the various forms of corporate body and procedures for company formation? Be able to describe the capital and financing of acompany? Be able to describe the management andadministration of a company? Be able to describe the ways in which insolventcompanies may be dealt with.2 Assessment Information – Outcome 1 requires that a report of 800-1000 words be written under open-book condition. Students are allowed to complete the report within 2 hours. Students should achieve 70% of available marks. – Outcome 2 3 require student to answer a number of questions. Students are permitted 2 hours to finish each outcome under closed-book conditions. Each question should be answered with 150-200 words. Students should achieve 70% of available marks.Outcome 4 requires students to write a report of 800-1000 words under open book condition. Students are asked to finish the report within 2 hours and to achieve 70% of available marks.3Outcome 1Objectives:? Understand the separate legal personalityof a company? Understand the various forms ofcorporation and their features? Know the formal process for companyregistration? Understand the contents and purpose of the constitutional documents of a company4 Section1 Definition of Business? It is a legally recognized organization designed to provide goods and/or services to consumers? There are many descriptions for a business. We may hear terms such as firm, company, organisation or corporation.5What is a BusinessSole TraderPartnershipBusinessCompany6Section2 Sole Trader? definition of sole traderA sole trader is a business owned by one person. The owner can operate business on his or her own, or can employ others and/or go into partnership with others.Most business starts this w