This highly accessible text provides both a legal and practical examination of the law of business organisations. It places the law in context by examining the changing legal and business problems encountered during the life of a fictional business.It considers first the formation of a partnership between two generations of a family, the father having run the business as a sole trader. The role of the partnership as a business medium is fully examined from formation to dissolution. As the family realises the need for expansion and the inclusion of outsiders, the legal and practical advantages of incorporating the business are discussed from the family's viewpoint. The subsequent incorporation of the business includes the involvement of outsiders as directors and shareholders, and their involvement and the day to day running of the business as a private limited company is fully examined. Finally the insolvency of the business and the dissolution of the company looms as the tensions between the parties produce legal and practical problems that cannot be resolved, except by the cessation of the business.This text will be ideal for students studying law as part of a business studies HN It will also be ideal for law students studying business law on the Legal Practice Course.