MRL2601 Entrepreneurial Law
University of South Africa
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MRL2601 Assignment 1 Answers
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---4maart 20222021/2022A+
- Assignment 1 
Answers 
MRL2601 
Question 1 
Indicate which one of the following is NOT a naturalia (natural consequence) of a partnership 
agreement: 
(1) The partners share the net losses of the partnership. 
(2) The partners own the assets of the partnership as co-owners. 
(3) The partners must carry on the partnership business for their joint benefit. 
(4) A partner is not entitled to compensation for his or her contribution to the partnership. 
Question 2 
Indicate which one of t 
Indicate w...
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lectdenis
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Samenvatting
MRL2601 Company Law Summary Notes
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---39maart 20222021/2022
- MRL2601 
Company Law 
Summary Notes. Public Company (‘Ltd’) 
Ø Shares may be offered to the public and are freely transferable; 
Ø Company can be listed on the JSE Limited; 
Ø Can be formed by 1 person 
Ø Must have at least 3 directors 
Ø Obliged to hold annual general meetings 
Ø Obliged to appoint an auditor 
Ø Obliged to appoint a company secretary 
Ø Obliged to appoint an audit committee 
A state-owned company (‘SOC Ltd’) 
Ø Registered in terms of ...
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ExcelAcademia2026
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Samenvatting
MRL2601 SUMMARY NOTES
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---72maart 20222021/2022
- MRL2601 
SUMMARY 
NOTES . Principle – Company is a separate legal entity 
Forms of enterprises – 
1. Sole proprietorship – capital on one person invested 
2. partnership – 2 or more pool capital and abilities 
3. CC – legal personality 
4. Company – Legal personality 
5. business trust 
The registration of a company or CC allows the body with separate legal personality with its own 
rights and liabilities 
The risk extends only to the loss of amount they contributed as capital 
CC an...
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ExcelAcademia2026
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MRL2601 EXAM PACK 2021/2022
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---179maart 20222021/2022A+
- MRL2601 
EXAM PACK 
2021/2022. QUESTION 1 
1.1 Ann, Jack and Sam are three friends who wish to start their own 
publishing company. While driving one Sunday afternoon, Jack comes 
across the perfect office building. He wishes to purchase this building 
on behalf of the proposed company. Advise Jack what the 
requirements are that would need to be adhered to in terms of the 
Companies Act 71 of 2008 in order to conclude a valid and binding 
contract on the company’s behalf before its incorporat...
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ExcelAcademia2026
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MRL2601 - Entrepreneurial Law - Notes exam prep
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---71oktober 20212021/2022A+
- Entrepreneurial Law 
Study Unit 5 
Principle – Company is a separate legal entity 
Forms of enterprises – 
1. Sole proprietorship – capital on one person invested 
2. partnership – 2 or more pool capital and abilities 
3. CC – legal personality 
4. Company – Legal personality 
5. business trust 
The registration of a company or CC allows the body with separate legal personality with its own 
rights and liabilities 
The risk extends only to the loss of amount they contributed as capit...
-
$3.99 Meer Info
ExellentStudyResources
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Tentamen (uitwerkingen)
MRL 2601 EXAMINATION PREPARATION Q AND A
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---41oktober 20212021/2022A+
- MRL 2601 EXAMINATION PREPARATION MAY JUNE 2018 11 MAY 2018. 
Section A 
Question 1. 
1. What documents must be filed with the Companies and Intellectual 
Property Commission to register a company? 
 The Notice of Incorporation and the Memorandum of Incorporation 
2. How flexible is the Memorandum of Incorporation? 
 One may include any provision or change any provision in a 
Memorandum of Incorporation as long as it is consistent with the 
Companies Act 71 of 2008. 
3. What is the legal st...
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$3.99 Meer Info
ExellentStudyResources