Hanna and Malik wish to set up an accountancy business in England and Wales.

Hanna and Malik wish to set up an accountancy business in England and Wales. They are a little confused in relation to some legal matters and seek your response in relation to the following:

(1) Hannah would like a description and analysis of ‘judicial precedent’, she specially requests you to highlight the advantages and disadvantages of the doctrine using case examples. (1000 words)

(2) Malik has requested an analysis comparing the differences and the advantages/disadvantages between an LLP partnership and a private limited company (Ltd). (1000 words)

(3) Both Hannah and Malik request an analysis of the elements that must be satisfied for a contract to be valid under U.K. law. (2,000 words)