Category | Assignment | Subject | Law |
---|---|---|---|
University | Arden University | Module Title | Company Law |
Word Count | 4000 Words |
---|---|
Academic Year | 2025 |
As part of the formal assessment for the programme you are required to submit a Company Law assignment. Please refer to your Student Handbook for full details of the programme assessment scheme and general information on preparing and submitting assignments.
After completing the module, you should be able to:
1. Analyse and distinguish between the different forms of business organisation.
2. Summarise and appraise the essential rules and concepts that underpin the substantive rules of contemporary company law
3. Analyse complex problem scenarios to identify and apply relevant legal principles to reach a logical conclusion.
4. Critically evaluate the ethical impact of company law on business and society.
Learning outcomes 1-4 are assessed by this paper.
All learning outcomes must be met to pass the module.
This assessment consists of TWO questions, Question One and Question Two. You MUST answer BOTH questions.
Critically discuss the advantages of a limited liability company over other forms of business organisations. (LO 1, 2 and 4) (1500 words) (40 marks)
Quiet Life Ltd (the "Company") is a private company limited by shares which has adopted the Model Articles for Private Companies Limited by Shares as its Articles of Association. Grace and her brother, John, hold 20% of the shares each, while their cousins, Francis and Edward, hold 30% of the shares each. Francis and Edward are also directors of the company.
Grace and John have had a serious disagreement with Francis and Edward. Grace and John have alleged that the directors are approving excessive payments to themselves for the services they provide to the Company. Furthermore, although the Company is a profitable one, no dividend has been paid to the shareholders for six years.
Grace recently transferred her shares to her daughter, Samantha, but the directors refused to register the transfer without giving reasons for their refusal.
Advise Grace and John as to any remedies they have as shareholders. (LO 2, 3 and 4) (60 marks) (2500 words)
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