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LML4806 Company law Study unite 1 2023 with verified questions and answers
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---7mei 20232022/2023A+
- Types and Forms of Companies 
1. Profit Company 
2. Non - profit company 
 
 
 
Profit companies 4 tipes 
1. Sate owned 
- schedule 2/3 of PFMA 
-Municipality 
- National government business 
 
2. Public 
- can sell shares to public & freely transferable 
-Can be listed on JSE 
 
3. Personal 
- Professional association e.g Attorneys 
- Directer jointly and severely liable 
 
4. Private 
- Cant sell shares to public MOI forbids it. 
- Not freely transferable 
- Fudtrust matter. 
 
 
 
Section 66:...
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