Victor and George are friends who have recently graduated from Greenstreet University with a degree in fashion design. They discuss an idea of setting up a fashion design business in London. Having considered their options, they decided to set up a company to conduct the business. They want to call their business, ‘F U fashion’ or ‘Great University trends’. Advise Vick and George on the steps and procedures that they will need to take and follow to set up the company, and, any issues or restrictions they should bear in mind, in creating and naming the company. Identify the relevant legal principles relating to the issues in the question/task

Victor and George are friends who have recently graduated from Greenstreet University with a degree in fashion design. They discuss an idea of setting up a fashion design business in London. Having considered their options, they decided to set up a company to conduct the business. They want to call their business, ‘F U fashion’ or ‘Great University trends’. Advise Vick and George on the steps and procedures that they will need to take and follow to set up the company, and, any issues or restrictions they should bear in mind, in creating and naming the company. Identify the relevant legal principles relating to the issues in the question/task