FBE2604 Assignment 1
(COMPLETE ANSWERS)
Semester 2 2025 - DUE
August 2025
NO PLAGIARISM
[Pick the date]
[Type the company name]
, Exam (elaborations)
FBE2604 Assignment 1 (COMPLETE
ANSWERS) Semester 2 2025 - DUE August
2025
Course
Forms of Business Enterprise (FBE2604)
Institution
University Of South Africa (Unisa)
Book
Forms of Business Enterprise
FBE2604 Assignment 1 (COMPLETE ANSWERS) Semester 2 2025 - DUE
August 2025; 100% TRUSTED Complete, trusted solutions and explanations.
Ensure your success with us....
QUESTION 1 Zipper (Pty) Ltd does not have a company secretary. Explain
whether or not it is necessary to appoint a company secretary. Also list three
duties of a company secretary. (5) Senzo, Paul, Salim and Renster are
employees of Haze Ltd. Haze Ltd makes loans to Senzo, Salim and Mariam
(an existing member) to enable them to subscribe to shares of the company.
Sam wants to incorporate a business entity. He is uncertain whether he
should incorporate a partnership or a company. 1.1 Briefly explain the
differences between a partnership and a company to him. (10) 1.2 Suppose
Sam decides to form a partnership. Indicate to him what the essentialia of a
partnership entails. (5Explain the requirements that must be adhered to in
terms of the Companies Act 71 2008 to validly provide financial assistance?
The board of directors of Tando Estates (Pty) Ltd is contemplating selling 80
per cent of the company’s assets to Brian, a Johannesburg businessman.
Indicate what right the shareholders have who do not agree with the
proposed sale, and briefly set out the process that they must follow. Nandi
and Patricia want to start a catering business together called It-out (Pty) Ltd.
Briefly explain the steps which they would need to take in order to
incorporate a company. (5) Suppose Sam decides to form a partnership.
Indicate to him what the essentialia of a partnership entails.
Company Secretary for Zipper (Pty) Ltd
It is not necessary for Zipper (Pty) Ltd, a private company, to appoint a company secretary. The
Companies Act 71 of 2008 makes this appointment mandatory only for public companies and
state-owned companies. However, a private company may choose to appoint one voluntarily or
if its Memorandum of Incorporation (MOI) requires it.
(COMPLETE ANSWERS)
Semester 2 2025 - DUE
August 2025
NO PLAGIARISM
[Pick the date]
[Type the company name]
, Exam (elaborations)
FBE2604 Assignment 1 (COMPLETE
ANSWERS) Semester 2 2025 - DUE August
2025
Course
Forms of Business Enterprise (FBE2604)
Institution
University Of South Africa (Unisa)
Book
Forms of Business Enterprise
FBE2604 Assignment 1 (COMPLETE ANSWERS) Semester 2 2025 - DUE
August 2025; 100% TRUSTED Complete, trusted solutions and explanations.
Ensure your success with us....
QUESTION 1 Zipper (Pty) Ltd does not have a company secretary. Explain
whether or not it is necessary to appoint a company secretary. Also list three
duties of a company secretary. (5) Senzo, Paul, Salim and Renster are
employees of Haze Ltd. Haze Ltd makes loans to Senzo, Salim and Mariam
(an existing member) to enable them to subscribe to shares of the company.
Sam wants to incorporate a business entity. He is uncertain whether he
should incorporate a partnership or a company. 1.1 Briefly explain the
differences between a partnership and a company to him. (10) 1.2 Suppose
Sam decides to form a partnership. Indicate to him what the essentialia of a
partnership entails. (5Explain the requirements that must be adhered to in
terms of the Companies Act 71 2008 to validly provide financial assistance?
The board of directors of Tando Estates (Pty) Ltd is contemplating selling 80
per cent of the company’s assets to Brian, a Johannesburg businessman.
Indicate what right the shareholders have who do not agree with the
proposed sale, and briefly set out the process that they must follow. Nandi
and Patricia want to start a catering business together called It-out (Pty) Ltd.
Briefly explain the steps which they would need to take in order to
incorporate a company. (5) Suppose Sam decides to form a partnership.
Indicate to him what the essentialia of a partnership entails.
Company Secretary for Zipper (Pty) Ltd
It is not necessary for Zipper (Pty) Ltd, a private company, to appoint a company secretary. The
Companies Act 71 of 2008 makes this appointment mandatory only for public companies and
state-owned companies. However, a private company may choose to appoint one voluntarily or
if its Memorandum of Incorporation (MOI) requires it.
