AUE1601
ASSIGNMENT 2 SEMESTER 1 2024
Unique Number:
DUE DATE:
Terms of use
By making use of this document you agree to:
• Use this document as a guide for learning,
comparison and reference purpose,
• Not to duplicate, reproduce and/or misrepresent the
contents of this document as your own work,
• Fully accept the consequences should you plagiarise
or misuse this document.
Disclaimer
Extreme care has been used to create this
document, however the contents are provided “as
is” without any representations or warranties,
express or implied. The author assumes no
liability as a result of reliance and use of the
contents of this document. This document is to
be used for comparison, research and reference
purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or
by any means.
, 0688120934
PREVIEW
QUESTION 1 43 marks
PART 1 Consider the following statements:
1. The subsidiaries of a listed company must each calculate their public interest score to
determine whether its annual financial statements should be audited.
2. The following company names would be allowed in terms of the Companies Act: (ii)
Adidas Fitness Centre (Pty) Ltd; (iii) Transnet Transportation (Pty) Ltd.
3. An individual who is disqualified from an appointment as a director on the grounds of
having been sentenced to ten years in jail for theft, can be appointed as a director, five
years after he has completed his sentence.
4. According to the Companies Act, the notice period for shareholder meetings of private
companies is 15 calendar days.
5. All provisions of a company’s Memorandum of Incorporation (MOI) may be altered,
regardless of the requirements of the Companies Act.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
ASSIGNMENT 2 SEMESTER 1 2024
Unique Number:
DUE DATE:
Terms of use
By making use of this document you agree to:
• Use this document as a guide for learning,
comparison and reference purpose,
• Not to duplicate, reproduce and/or misrepresent the
contents of this document as your own work,
• Fully accept the consequences should you plagiarise
or misuse this document.
Disclaimer
Extreme care has been used to create this
document, however the contents are provided “as
is” without any representations or warranties,
express or implied. The author assumes no
liability as a result of reliance and use of the
contents of this document. This document is to
be used for comparison, research and reference
purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or
by any means.
, 0688120934
PREVIEW
QUESTION 1 43 marks
PART 1 Consider the following statements:
1. The subsidiaries of a listed company must each calculate their public interest score to
determine whether its annual financial statements should be audited.
2. The following company names would be allowed in terms of the Companies Act: (ii)
Adidas Fitness Centre (Pty) Ltd; (iii) Transnet Transportation (Pty) Ltd.
3. An individual who is disqualified from an appointment as a director on the grounds of
having been sentenced to ten years in jail for theft, can be appointed as a director, five
years after he has completed his sentence.
4. According to the Companies Act, the notice period for shareholder meetings of private
companies is 15 calendar days.
5. All provisions of a company’s Memorandum of Incorporation (MOI) may be altered,
regardless of the requirements of the Companies Act.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
