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.

Task:$-$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.

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Please write a essay answer for the case study question below this question falls under the topic of company law knowledge please answer it exactly as it is required demonstrating high level of understanding of key theories and concept and apply them to the analysis and evaluation of real world Cases or scenarios.

use example of cases where appropriate which are relevant and correctly explained.

Make sure you have fulfilled the criteria given below $-$

Have you identified the relevant legal principles relating to the issues in the question$/$task$?$

Have you applied the relevant law $($statute$)$ and appropriate case law to the legal principles identified?

Have you given a conclusion, or have you given a proper advice to your client which is final or conclusive?