MRL2601 Entrepreneurial Law

University of South Africa

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MRL Study PACK587568 - Summary Entrepreneurial Law
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    MRL Study PACK587568 - Summary Entrepreneurial Law

  • Modo is a member of Yapcan CC. He is the oldest of all the members and is concerned about his deteriorating health. He does not want to sell his member's interest since the corporation's business is doing very well. Advise Helmut whether or not he can bequeath his interest in the close corporation to his daughter. In addition, advise him whether or not effect will be given to his wishes if he makes provision in his will for the transfer of his interest to his daughter. (5) A member of ...
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MRL2601_ ENTREPRENEURIAL LAW_ EXAM PACK  2021.
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    MRL2601_ ENTREPRENEURIAL LAW_ EXAM PACK 2021.

  • MRL2601_ ENTREPRENEURIAL LAW_ EXAM REVISION PACK 2021. Explain what a debenture is, and what type of relationship exists between a debenture holder and a company (2) A debenture is a debt instrument for the acknowledgement by a company that the company is indebted to the debenture holder for a certain sum of money, as evidenced by the document. Debenture holders are creditors of the company by virtue of having extended loans to the company. Question 3 3.1 Eddie wishes to start his own bu...
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MRL2601_ Entrepreneurial Law Exam Pack 2021.
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    MRL2601_ Entrepreneurial Law Exam Pack 2021.

  • MRL2601_ Entrepreneurial Law Exam Pack 2021. Companies Act provides that each shareholder has a claim for damages against any person who fraudulently, or due to gross negligence, causes the company to do anything inconsistent with the Companies Act or a limitation, restriction or qualification on the powers of the company as stated in its Memorandum of Incorporation, unless ratified by special resolution in terms of section 20(2). This is in addition to the remedy provided in section 165. ...
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MRL2601_ Entrepreneurial Law_ exam pack .
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    MRL2601_ Entrepreneurial Law_ exam pack .

  • MRL2601_ Entrepreneurial Law_ exam pack . Explain the process for the conclusion of a contract to the benefit of a third party (stipulatio alteri) A person concludes a contract with another contracting party in terms of which the last-mentioned will offer certain benefits to the company to be formed. If the company is formed, it can accept the offer or decline it. The risk is that the company may not come into existence or may not accept the offer. The person who concluded the contract wil...
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MRL2601 - Entrepreneurial Law exam pack
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    MRL2601 - Entrepreneurial Law exam pack

  • Learning unit 1: Legal personality and lifting of the veil • When does a company acquire legal personality? Once a company is incorporated and a certificate of incorporation is issued, • With reference to case law explain the meaning and effects of separate legal personality Salomon v Salomon & Co Ltd: • The estate of the company is assessed apart from the estates of individual shareholders or members, therefore the debts of the company are the company’s debts and separate from t...
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Summary Law and Entrepreneurship, ISBN: 9781781009321  MRL2601 - Entrepreneurial Law (MRL2601) Summary Law and Entrepreneurship, ISBN: 9781781009321  MRL2601 - Entrepreneurial Law (MRL2601)
  • Summary

    Summary Law and Entrepreneurship, ISBN: 9781781009321 MRL2601 - Entrepreneurial Law (MRL2601)

  • Well written summary for exam revision.
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Summary Law and Entrepreneurship, ISBN: 9781781009321  MRL2601 - Entrepreneurial Law (MRL2601) Summary Law and Entrepreneurship, ISBN: 9781781009321  MRL2601 - Entrepreneurial Law (MRL2601)
  • Summary

    Summary Law and Entrepreneurship, ISBN: 9781781009321 MRL2601 - Entrepreneurial Law (MRL2601)

  • Well written summary for exam revision.
  • Academiccoach
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