FBE2604 Assignment 2
(COMPLETE ANSWERS)
Semester 2 2025 - DUE
September 2025
NO PLAGIARISM
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, Exam (elaborations)
FBE2604 Assignment 2 (COMPLETE
ANSWERS) Semester 2 2025 - DUE
September 2025
Course
Forms of Business Enterprise (FBE2604)
Institution
University Of South Africa (Unisa)
Book
Forms of Business Enterprise
FBE2604 Assignment 2 (COMPLETE ANSWERS) Semester 2 2025 - DUE
September 2025; 100% TRUSTED Complete, trusted solutions and
explanations. Ensure your success with us....
QUESTION 1 Indicate what type of company Wooden Tile (Pty) Ltd is. Also
identify the other categories of companies that are provided for in the
Companies Act 71 of 2008. 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. 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.
1. Wooden Tile (Pty) Ltd – Type of Company