Trading Certificates Lecture

Hi

Is there any chance that you could give me the time in the lecture when I mention Learn Fast Rats?

I assume that the lecture is the one that relates to Chapter 10 in the English variant notes

Hi

At 5 minutes 20 seconds in the Chapter 10 Trading Certificates lecture, I mention the differences between Companies and Partnerships and ask if you remembered those difference when I pointed them out in the previous lecture

I believe that you’ll find in the Partnership Law lectures the mnemonic Learn Fast Rats as being the way to remember those differences

So Learn Fast Rats is a Partnership mnemonic and NOT a Trading Certificate mnemonic

All cleared now?

Hi again

This question goes back to at least August 2019 when a student Andrewire asked about Learn Fast Rats. The mnemonic is to identify the differences between a company and a partnership, but I cannot now (nor could I then!) find anywhere in the detailed notes where I have filled out the mnemonic

I do remember, in an earlier version of the course notes, having a separate page for this mnemonic but at some time in history I appear to have instructed Admin to remove it

Do you want to try to fill it out for yourself? You could start with, for example, L(iability) E(xistence) A(ccounts) R(egistration) …

Keep going and see how far you can get – you’re doing this only for your own benefit – it will never appear in this form in an ACCA Exam!

OK?