Note: Analysis of the principles underlying the law, as well as consideration of the practical application of legal regulations, is essential.
You are the manager of a ‘Business Advisory’ firm. A client is seeking advice on the following matter: he has decided to start up a business with a former colleague but is unsure of the legal constitution this business should take. The client is seeking your advice as to the advantages and disadvantages of various business and corporate forms.
Advise this client as to the legal regulation surrounding the creation, running and dissolution of the two following types of enterprise:
Cite relevant statutory provisions, along with supporting case law references, in support of your advice
NB: Relevant laws cited should be related to engish/British because Assignment is to be submitted to a U.K College
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