AUE1601 Legal Aspects in Accountancy (AUE1601)

AUE1601 SUMMARISED NOTES 2022/2023 P a g e | 1 Topic 2: Interpretation, purpose, application and formation of a company Study unit 2.1 Related and interrelated persons, and control (Sec 2) and Subsidiary relationships (Sec 3)  Consanguinity: blood relationship o First degree: children (incl. adopted) and parents o Second degree: brother, sister, grandparents, grandchildren – there is at least one generation between you and a person related to you in the second degree  Affinity:...

AUE1601 - Legal Aspects In Accountancy Semesters 1 and 2 Assignments March 2021. QUESTION 1 30 marks REQUIRED Select for each question only ONE alternative that you consider to be the most correct and then mark on myUnisa or on the mark-reading sheet the digit that corresponds to the digit of the alternative which you have selected as your answer. Answer the sub-sections of this question in numerical sequence, for example, as follows: 1. 1 2. 3 (1½ marks per question) 1. Which one of t...

AUE1601 Legal Aspects in Accountancy Assignments Semesters 1 and 2 2021. ASSIGNMENT 01: MULTIPLE-CHOICE QUESTIONS UNIQUE ASSIGNMENT NUMBER FOR THE FIRST SEMESTER: DATE OF SUBMISSION First semester 23 March 2021 QUESTION 1 30 marks REQUIRED Select for each question only ONE alternative that you consider to be the most correct and then mark on myUnisa or on the mark-reading sheet the digit that corresponds to the digit of the alternative which you have selected as your answer. Answer th...

AUE1601 SUMMARISED NOTES P a g e | 1 Topic 2: Interpretation, purpose, application and formation of a company Study unit 2.1 Related and interrelated persons, and control (Sec 2) and Subsidiary relationships (Sec 3)  Consanguinity: blood relationship o First degree: children (incl. adopted) and parents o Second degree: brother, sister, grandparents, grandchildren – there is at least one generation between you and a person related to you in the second degree  Affinity: due to v...

AUE1601 - Legal Aspects In Accountancy (Semesters 1 and 2). QUESTION 1 30 marks REQUIRED Select for each question only ONE alternative that you consider to be the most correct and then mark on myUnisa or on the mark-reading sheet the digit that corresponds to the digit of the alternative which you have selected as your answer. Answer the sub-sections of this question in numerical sequence, for example, as follows: 1. 1 2. 3 (1½ marks per question) 1. Which one of the following stateme...

• An individual related to juristic person: o Individual directly/indirectly controls juristic person • A juristic person related to another juristic person: o Either of them directly or indirectly controls the other or the business or the other, or o Either is a subsidiary of the other, or o A person directly or indirectly controls each of them or the business of each of them From revision slides: Relationship between individual and juristic person (company) • Individual holds maj...

Question 1 1.1. Reference sec. 36 sec 38 (1) Board may shares of a company to the extent and within classes that have been authorized by the memorandum of corporation. The memorandum of incorporation sets out classes of shares and number of shares that the company is authorized to issue. Also specifies for each class distinguishing designation for that class and preference rights and limitations. The memorandum of incorporation may authorize a stated number of unclassified shares which ...

Topic 2: Interpretation, purpose, application and formation of a company Study unit 2.1 Related and interrelated persons, and control (Sec 2) and Subsidiary relationships (Sec 3)  Consanguinity: blood relationship o First degree: children (incl. adopted) and parents o Second degree: brother, sister, grandparents, grandchildren – there is at least one generation between you and a person related to you in the second degree  Affinity: due to valid marriage o First degree: husband an...

Contents MAY/JUNE 2012 ........................................................................................................................................ 2 OCTOBER / NOVEMBER 2012 ................................................................................................................... 9 MAY / JUNE 2013 .................................................................................................................................... 18 OCTOBER / NOVEMBER 2013 ...................