Useful vocabulary for business lawyers.

Good legal English communication in business law will help to develop a positive relationship with the client

and generate confidence.

1. Objects (the objects  of the company can be found in the memorandum of association).

2. Liability (in an unregistered partnership, the partners liablity includes their personal assets).

3. Share Capital (The minimum nominal share capital required to open a limited company in the UK is 1 pound).

4. Off the shelf  (Many people when incorporating a business in the Uk buy an off the shelf company and this way can          be open for business in 24 hours at little cost).

5. Dissolve (We decided to dissolve the company at the beginning of 2020).