Associate Level – Business and Company Law

9 sections available · 41 chapters available

Free Associate Level – Business and Company Law revision notes for HKICPA QP (Hong Kong CPA) students. Each chapter covers a key topic with worked examples and practice prompts you can take straight into the thinka app.

Corporate Laws and Regulations Governing the Different Forms of Legal Entities

  • Forms of business entities

  • Formation of companies

  • Capital and financing of companies

  • Administration of companies

  • Company liquidation and winding up

  • Schemes of arrangement, reconstruction and take-over provisions

Corporate Laws and Regulations Governing Public Companies

  • Fund-raising by public companies

  • Prospectus contents

  • Prospectus liabilities

  • Continuing obligations of listed companies

The Legal System and the Roles of External Regulatory Bodies in Hong Kong

  • Principal features of the Hong Kong legal environment

  • Hong Kong Monetary Authority

  • Securities and Futures Commission

  • The Stock Exchange of Hong Kong

  • Financial Reporting Council

  • Insurance Authority

The Law of Tort and Negligence

  • Elements required to establish a legal action in negligence

  • Damages and defences in negligence

  • Defamation

  • Employers' liability, occupiers' liability and vicarious liability

The Contract Law

  • Essential elements of a contract: offer and acceptance

  • Essential elements of a contract: consideration, intention and capacity

  • Consequences of breaching a contract

  • Applying contract law principles to practical business situations

The Consumer Laws

  • Sale of Goods Ordinance

  • Supply of Services (Implied Terms) Ordinance

  • Control of Exemption Clauses Ordinance

  • Trade Descriptions Ordinance

The Employment Laws

  • Employment Ordinance

  • Sex Discrimination Ordinance

  • Disability Discrimination Ordinance

  • Family Status Discrimination Ordinance

  • Race Discrimination Ordinance

The Bribery and Corruption Laws

  • Prevention of Bribery Ordinance

  • Role of the Independent Commission Against Corruption

  • Anti-money laundering legislation obligations and requirements

  • Role of accountants as trust or company service providers

The Agency Relationship

  • Role of an agent

  • Creation of agency

  • Types of authority of an agent

  • Rights, duties and liabilities of an agent and a principal

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