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Company Law Essentials

 Please answer each of the following questions:

1. Explain the concept of ‘separate legal personality’ in company law and in what circumstances the corporate veil will be lifted. Support your answer using case law and legislation where appropriate.
2. What duties are imposed on company directors and in what circumstances might a director be held personally liable for the debts of the company referencing case law and/or legislation where applicable.
3. List when a director must vacate office and explain the reasoning why for three of the circumstances in which a director must vacate.
4. Explain the different ways of dissolving a company.

Parts A-D carry equal marks.

BB20923 Business Law

Format Details

• Word count: 1,500 words maximum
• A4-size paper, typed, double-line spacing, referencing Harvard System
• Students are advised to retain a copy of their assessment

Penalties

An assessment item submitted after the due date, without an approved extension, will be penalised. Late assignments will incur a penalty (minus 10% of the overall mark per day up to a maximum of five working days, after day five, the assignment will not be accepted).

Plagiarism Policy

Plagiarism is a particularly serious academic offence and can constitute academic misconduct which is set out in Dorset College’s Learners Handbook. Plagiarism refers to taking someone else’s work and passing off that work as your own. Any thoughts, ideas, or words that are not completely your own must be referenced. The reason for this is that the purpose of the assessment is to assess the student’s knowledge and understanding of the material being assessed by the student creating and expressing their own ideas in their assessment.

BB20923 Business Law