Outline the general duties of directors that are set out in ss 171–177 of the Companies Act 2006. Are all the duties set out in ss 171–177 regarded as fiduciary duties?

N1513 Law of Business Organisations-2021

Resit Coursework Assessment Questions

WORD LIMIT

1,200 words

ASSESSMENT WEIGHTING

60% of the final mark for the module.

SUBMISSION DATE – SUBMIT TO CANVAS TURNITIN

Check your Sussex Direct timetable

Students should answer any ONE of the following TWO questions:

Question 1

While studying Fine Art at the University of Sussex, Mel has been designing and making her own greetings cards to send to friends and family. Following positive feedback, she has now decided to develop this into a business and her friend Sue (a University of Sussex Business Studies graduate) is going to join her to provide business and marketing expertise. The business will need some initial capital to obtain appropriate premises and stock. Mel and Sue seek your advice on the most appropriate business form for their new enterprise and the benefits and drawbacks of that choice. They are anxious to protect their personal assets from business risk.

Advise Mel and Sue.

Question 2

Outline the general duties of directors that are set out in ss 171–177 of the Companies Act 2006. Are all the duties set out in ss 171–177 regarded as fiduciary duties?