SQE Study

A comprehensive overview of the UK's uncodified constitutional framework, outlining its fundamental principles such as the rule of law, the separation of powers, and the central doctrine of Parliamentary sovereignty. They thoroughly examine the structure and functions of the UK Parliament, detailing the roles of the elected House of Commons and the appointed House of Lords, as well as the legislative process a bill must undergo. Furthermore, the documents cover the structure and accountability

A comprehensive overview of personal and corporate insolvency procedures in the UK, contrasting the unlimited liability of sole traders and partners with the limited liability of company directors and shareholders. The first source focuses on personal insolvency options like Bankruptcy, Individual Voluntary Arrangements (IVAs), and debt negotiation, outlining the process, legal effects, and consequences of each. The second source covers corporate insolvency mechanisms,

A comprehensive overview of corporate finance and security mechanisms, focusing on the distinction between debt and equity finance. The first source details equity finance, including the concepts of share capital, share premium, and the legal implications of various share transactions like allotment, buyback, and transfer, and the necessary statutory regulations and resolutions for each. The second source outlines debt finance and the different types of security lenders use, such as fixed and

An extensive overview of various business structures, primarily focusing on partnerships and limited companies, contrasting their fundamental legal characteristics. Key distinctions are drawn between sole traders, general partnerships, limited partnerships (LPs), limited liability partnerships (LLPs), and private companies, detailing differences in owner liability (unlimited versus limited), management structures, and formation requirements (such as registration with Companies House). Significant