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Corporate law students often find it difficult to apply the fundamentals of corporate law to valid cases and historical judgments. This results in them getting low marks in their assignments and tests, thereby, making them lose interest in the subject. For students having trouble in corporate law assignments, homework, case studies, etc.; our team of corporate law experts provide best quality corporate assignment help at a moderate price. Students of law schools, colleges and universities from around the world can avail this facility and secure top grades in their subjects.
Corporate law means the law relating to corporations and companies. It encompasses within its ambit all matters concerned with corporations and companies, right from their birth till their dissolution. It includes the regulation of the relationship between the various constituents of a corporation like the shareholders, management, etc. Thus, corporate law, essentially, lays down the rules for the operation of corporate entities. The primary objective of this branch of law is to provide business ventures with a legal form that possesses certain core attributes. Principal among these is a legal personality. In fact, in the absence of a legal personality of corporate enterprises, much of the portion of this law would become redundant and fruitless. In other words, a significant portion of corporate law exists as a consequence of conferment of legal personality upon these entities. It is this legal personality of corporations that confers upon them the distinguishing feature of being independent of its members and shareholders. Thus, a corporation is not responsible for the actions of a shareholder that have been undertaken in his individual capacity and the shareholder is only responsible for the transactions undertaken by the corporation to the extent as contained in law. Corporate law serves the function of allowing businessmen to transact conveniently through the medium of legal entities. Consequently, the costs of business are reduced.
A division is frequently made between corporate governance and corporate finance, both of which together constitute corporate law. While the former is concerned with the power relations in a corporation, the latter term is used for the rules for the utilization of capital. Apart from conferring a legal personality, corporate law also makes provisions with respect to the defining of various other attributes of entities for instance, their liability (limited or unlimited), capital structures, delegation of management, etc.
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