MRL2601 Entrepreneurial Law

University of South Africa

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MRL2601 Assignment 1 Answers
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    MRL2601 Assignment 1 Answers

  • 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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MRL2601 Company Law Summary Notes
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    MRL2601 Company Law Summary Notes

  • 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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MRL2601 SUMMARY NOTES
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    MRL2601 SUMMARY NOTES

  • 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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MRL2601 EXAM PACK 2021/2022
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    MRL2601 EXAM PACK 2021/2022

  • 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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MRL2601 Assignment 2 SEMESTER 2
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    MRL2601 Assignment 2 SEMESTER 2

  • MRL2601 Assignment 2 SEMESTER 2 MRL2601 Assignment 2 SEMESTER 2
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MRL2601 - Entrepreneurial Law - Notes exam prep
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    MRL2601 - Entrepreneurial Law - Notes exam prep

  • 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...
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MRL 2601 EXAMINATION PREPARATION Q AND A
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    MRL 2601 EXAMINATION PREPARATION Q AND A

  • 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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