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Business Law in Practice (SQE1)

✨ If she were a person, she’d be the corporate girly who is always put together but handles the most complex issues — and leaves everyone impressed (and a little intimidated) by how effortlessly she manages it all. She’s always in the know with the juiciest gossip and can’t resist talking about money. ✨

This 45-page guide is a comprehensive revision resource for Business Law and Practice, breaking down one of the densest topics in the exam into clear, structured, and visually engaging notes. It covers:

  1. Business Organisations, Rules and Procedures: sole traders, partnerships, LLPs, private and unlisted public companies; legal personality and limited liability; incorporation steps and documentation.
  2. Finance: funding options, types of security, distribution of profits, and financial record-keeping.
  3. Corporate Governance and Compliance: directors’ and shareholders’ rights and duties, decision-making, meetings, statutory filings, and minority shareholder protection.
  4. Partnerships: decision-making and authority under the Partnership Act 1890, common partnership agreement provisions.
  5. Insolvency: corporate and personal options, procedures, creditor priority, and claw-back rules.
  6. Taxation (Business): Income Tax, Capital Gains Tax, Corporation Tax, Value Added Tax, and Inheritance Tax — covering chargeable persons, calculations, collection, reliefs, and anti-avoidance rules.