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Legal Aspects of Business

By referring to relevant legislation and case law critically discuss the main features of these two forms of business organisation:
Unlimited partnership
Private limited company
Weighting for task 1: 50% TASK 2:
Duty to act within the powers (section 171 Companies Act 2006)
Duty to promote the success of the company (section 172 Companies Act 2006)
Duty to exercise independent judgement (section 173 Companies Act 2006)
Weighting for task 2: 50%
Total weighting for both tasks: 100%
ASSESSMENT CRITERIA
Knowledge and understanding of relevant legal principles
Structure
Analysis and application of law
Use of sources and academic conventions
Clarity of expression (grammar, spelling, punctuation)
With reference to relevant legislation and case law, critically discuss the following duties of a
director of a company:


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