MRL2601 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 - DUE March 2025

MRL2601 Assignment 1
(COMPLETE ANSWERS)
Semester 1 2025 - DUE
March 2025


, MRL2601 Assignment 1 (COMPLETE
ANSWERS) Semester 1 2025 - DUE March
2025
MRL2601 Assignment 1 (COMPLETE ANSWERS)
Semester 1 2025 - DUE March 2025; 100%
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Question 1 1.1 is a shareholder of African Solar
(Pty) Ltd. He believes that the board of directors is
using company funds for its personal gain. He
wants to bring an action on behalf of the company
against the directors. Advise Michael briefly of the
steps that must be taken to bring a derivative
action.. Two partners who are practicing as
dentists, Susan and Jane, decide to dissolve their
partnership by agreement. The partnership
agreement is silent regarding the goodwill of the
partnership. Jane continues practicing as a dentist
and de facto takes the partnership's clients (valued
at R1 million) over for her own benefit. Susan feels
it is unfair that Jane has taken over all the clients
and wishes to institute legal action to claim her
part of the goodwill. Explain whether there is a
remedy at Susan's disposal in these circumstances.
(5)
Question 1