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:
Equity | Debt | |||
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P.190Equity Finance= allotment of new shares for which Co. receives money (property) in return, which is used in the Co.’s business. | P.190Debt Finance = borrowing money (3 main types = overdraft, term loan and revolving credit facility) | |||
Tightly controlled by CA 2006 | Contract law (not much legislation). Lightly controlled = flexible | |||
WHAT IT MEANS FOR THE INVESTORP.227 | ||||
Equity | Debt | |||
Risk P.227 |
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Involvement in Co. P.227 |
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Income P.228 |
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Repayment of Capital |
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Restrictions on Sale |
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Capital Value of Investment |
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WHAT IT MEANS FOR THE COMPANYP.228 | ||||
Equity | Debt | |||
Payment of Income |
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Tax Treatment of Income |
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Involvement of investor |
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Repayment of Capital |
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Costs |
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Who Provides It? |
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Why Take It? |
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Type of Debt Finance
There are two main types of debt finance: Loans (bank overdraft, a term loan and a revolving credit facility) and Debt Securities to investors in return for a cash payment (IOUs). IOUs have to be redeemed (i.e. repaid) by the Co. at an agreed future.
Type | Advantages | Disadvantages |
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Term LoansP.222
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Revolving Credit FacilityP.222
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OverdraftP.221
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Debt Securities P.226
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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...
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