The buyer and seller will agree what is to be purchased and the price to be paid.
Employment is not a binding requirement.
Both of them will exchange something, this is termed consideration.
Both parties will intend that the transaction is legally binding.
Incapacity which prevents a partner acting as such, for example mental illness
Conduct by a partner which adversely affects the firm, for example a criminal conviction for dishonesty.
Collapse of trust between the partners or breach of the partnership agreement.
That the business can no longer be carried on at a profit.
That it is ‘just and equitable’ to dissolve the partnership.
If a partner becomes insolvent
Public limited companies (plcs)
Private companies (Ltd).
Memorandum of Association
Articles of AssociationOption
Statement of the personal details of the directors and their signed consents to act as directors.
Address of the registered office
Statement of the capital of the company
Declaration of compliance which states that all the formalities of the Companies Act 1985 have been complied with
Here's an interesting quiz for you.