As a charity Trustee your primary duty is to promote the “charitable purposes” of that organisation. These “objects” are set out in either the Articles of Association if the charity is a company or in the “objects clause” of the charity’s governing document.
The High Court, in the case of First Tower Trustees v CDS (Superstores International), decided that a claim for misrepresentation by a commercial tenant against its landlord made the landlord, who failed to up date a reply to an enquiry, liable.
If you are considering buying a business, it is likely that you will have already made a number of important decisions, and one may have been deciding whether it's better to buy a business or start a new one.
If you have decided to sell your business, then there will be many different things that you need to consider both from a financial and personal point of view. However there are also many legal responsibilities to consider and these are what we will look at here.
Wouldn’t you love to work for yourself? To not have to answer to a boss and have complete control over the general operations? It’s a dream a lot of people have, but when it comes down to committing to setting up your own company, it can be quite scary. The laws surrounding setting up and managing a business can be confusing, but once you know the basics, it’s a lot easier to do than you may think.