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9. AN INTRODUCTION TO LIMITED COMPANIES

AN INTRODUCTION TO LIMITED COMPANIES is about private and public limited companies as forms of business.

The focus is on the law that governs these types of businesses, as well as the advantages and disadvantages of setting up a business as a limited company. The module looks at how a limited liability company can be set up, the legal requirements surrounding how a company is run, and some of the fundamental differences between a private and a public company. It also looks in detail at some of the exceptions to the rules on limited liability for debt, especially where there has been activity that fits the definition of wrongful or fraudulent trading.

Course access: this online legal English course will be available for 18 months after purchase

At the end of this course in English for lawyers, you will know more about:

  • a limited company as a legal entity with a legal personality separate from that of its owners
  • the general liability the owners have for the debts of a limited company and the exceptions to the rules on liability in the case of wrongful or fraudulent trading
  • companies limited by shares and companies limited by guarantee
  • the issue of shares, the nominal price of shares, the market price of shares, and the share premium
  • giving a director’s personal guarantee
  • the articles of association and the procedure of setting up a new private limited company
  • public limited companies, the process of going public and floating a company on a stock exchange
  • an initial public offering (IPO) and the role of investment banks in this process
  • company meetings, the company AGM, shareholders, dividends, voting methods, proxies, and the requirement of a quorum
  • some key legal English dictionary terms that are essential to practising commercial law at an international level

TOLES PREPARATION: This course is excellent preparation for all three levels of the TOLES exams in professional legal English.

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TOLES法律英语证书考试,是国际著名的法律英语水平考试之一,主要面向国际执业律师、法律专业学生及法律专业翻译公司等,在全球设有200多家考试和培训中心,每年统一举办5次考试。TOLES考试成绩是律所及外企认定法律英语能力的重要依据之一。

剑桥TOLES培训学校是TOLES考试主办机构Global Legal English Ltd.的官方培训中心,校址位于英国著名学府剑桥大学校内,主要对律师及进修者,进行短期法律专业英语进行强化培训,培训结束直接参加TOLES考试,颁发考试证书。

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TOLES中国网是TOLES法律英语证书考试主办机构Global Legal English Ltd.官方授权,麦氏教育Meridian进行品牌管理、面向TOLES考生、企业法律部门、外资律所、集TOLES品牌推广,TOLES考试复习资料、音像以及其它法律英语相关产品,用户社区互动、售后服务为一体的综合性电子商务平台。

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