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Other Papers on :Company Law
The purpose of this essay is to consider the various types of business organizations that may be used by a sole trader wishing to expand his business by bringing in two of his employees into the business in a more involved way. I have therefore considered the advantages and disadvantages of forming a partnership as well as incorporating the business as a private limited company. The second part of this essay considers the various contractual and tortious liabilities that arise as a result of occurrences that have involved the business or affected it. I have in the first instance, considered the validity of exclusion clauses in the context of excluding liability for the loss of property on a business premises. Secondly, I have considered the position of tenders in relation to the formation of a contract; thirdly, I have looked at the legal consequences of a frustrated contract and finally, considered the validity of an exclusion clause in the context of personal injury sustained on a business premises.
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