Business and Corporate Law Coursework Example | Topics and Well Written Essays - 2750 words

Business and Corporate Law - Coursework Example Therefore, the study covers advice to a director on issues of legal implication of incorporating a company, the duties of a director, consequences of breach of duty by a director, the doctrine of ultra vires, the raise of capital by a Company, and types of capital and the naming of a Company. Rather than a partnership, which pertains to a business carried out by two or more individuals after coming into existence through registration under the UK Partnership Act of 1980. The partners have individual liability; an incorporated private company limited by shares means a company with two to fifty shareholders whose liability to the company debts becomes limited to the shares they contribute to the Company (Charlesworth 2005, p. 43).The Company must be registered under the UK Companies Act of 2006, an Act that regulates the governance of incorporated Companies. Therefore, the promoters of Dart Company operate now under a different act with different roles and responsibility distinct from those of partnership. Once incorporated or registered, Oliver M.S &Marshall, (1994) argue that the Company from the date of incorporation, mentioned in the certificate of incorporation becomes an artificial legal person or body corporate capable of the following: having a separate legal personality where the company acts solely rather than dragging the names of the shareholders in to the dealings; having limited liability, now the shareholders of Dart Company have liability to the Company debts limited to the shares held in the Company; having the ability to own property; having locus standi of suing, so legal suits come under the name Dart Limited Company rather than the share holders names (Oliver M.S &Marshall, 1994, p. 104). Similarly, having perpetual succession where the company cannot die naturally but legally, therefore, even if the shareholders of Dart Company where to die the company could survive and the shares be vested on the heirs. In

Practical report in molecular biology Essay Example | Topics and Well Written Essays - 2000 words

Practical report in molecular biology - Essay Example DNAs that are prepared in this way may then be analysed by a method called gel electrophoresis. This involves the use of electric currents to facilitate the separation of linear DNA molecules through a gel support, usually consisting of the polymer agarose or polyacrylamide. These polymers form a molecular sieve that permit the DNA to pass through at a rate that is approximately inversely proportional to the log of the molecular weight as measured in kilobase pairs (Kb). The current initiates the movement of DNA from the site of application to the positively charged cathode as the negatively charged phosphate groups in the DNA molecule are drawn to the cathode by electrostatic attraction. If DNA fragments of Known molecular weight are electrophoresed simultaneously thre molecular weight of the DNA fragments generated by restriction enzyme digestion may be ascertained by comparing their rate of mobility with that of the standards of known molecular weight. This is usually calculated b y preparing a graph representing the log of the molecular weight of DNA standards versus the measured distance traveled beach band in millimeters (mm). The distances of the unknown fragments is measured and their molecular weights are determined by locating the position these measured distances are located on the graph. Restriction enzyme digestion of DNA followed by gel electrophoresis is a commonly used method for preparing DNA maps and determining the molecular weights of unknown DNA samples. The DNA used in this experimental protocol was obtained by culturing bacteria (E.coli) that contain plasmid DNA. Two types of plasmids were prepared from E.coli, designated plasmid X and Y. After the plasmid DNA was extracted from the bacterial cells, it was then digested with restriction enzymes, which are capable of making double stranded cuts in DNA molecules at specific