LPC Law Notes Business Law and Practice Notes
A collection of the best LPC BLP notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short these are what we believe to be the strongest set of Business Law and Practice notes available in the UK this year. This collection of notes is fully updat...
The following is a more accessible plain text extract of the PDF sample above, taken from our Business Law and Practice Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:
Company Law – Private Limited Companies
Company Constitution
Definition: S.17 Part 3 CA 2006: “Unless the context otherwise requires, references in the Companies Act to a company’s constitution include – (a) Company’s articles, AND (b) Any resolutions and agreements to which chapter 3 applies
What is the company empowered to do - Objects clause
THIRD Parties – protection: S.39(1): ‘The validity of an ACT DONE BY A COMPANY shall not be called into question on the ground of lack of capacity by reason of anything in the company’s constitution’. Therefore a contract can STILL BE ENFORCED even if the company is acting beyond its capacity. This gives protection to third party contractors. How can a third party get this protection? a) It must be an act done by the company (i.e. agent’s authority issue? Does the agent have authority?) b) The act done cannot be illegal (S.39)
|
---|
Buy the full version of these notes or essay plans and more in our Business Law and Practice Notes.
A collection of the best LPC BLP notes the director of Oxbridge Notes (an Oxford law graduate) could find after combing through dozens of LPC samples from outstanding students with the highest results in England and carefully evaluating each on accuracy, formatting, logical structure, spelling/grammar, conciseness and "wow-factor".
In short these are what we believe to be the strongest set of Business Law and Practice notes available in the UK this year. This collection of notes is fully updat...
Ask questions 🙋 Get answers 📔 It's simple 👁️👄👁️
Our AI is educated by the highest scoring students across all subjects and schools. Join hundreds of your peers today.
Get Started