Chapter 10 - Learning Objectives

After studying this chapter, you should be able to:

1. What are the rules regulating the borrowing and raising of money?
2. In relation to debt capital, what are the various ways in which a debt can be secured?
3. In relation to equity capital, how does the law regulate fundraising by way of the issue of shares and other securities?
4. Conducting business frequently requires the payment of funds by one person to another. What are the various ways in which payments can be made and what are the rules regulating these forms of payment?
5. What are the tax implications of operating a business?
6. What are the different forms of tax payable by a business?
7. How can insurance minimise the risk of something going wrong?
8. What are the rights and obligations of the insurer and of the insured?