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1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. However, the...
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- MRL2601 EXAM PACK FOR 2023 
 
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MRL2601 Assignment 1 (COMPLETE ANSWERS) Semester 2 2026 - DUE 11 August 2026
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4.2(4)4.2495octubre 20252025/2026A+
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MRL2601 ASSIGNMENT 2 SEMESTER 2 - 2023 (588481)
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3.0(2)3.0447agosto 20232023/2024
- MRL2601 ASSIGNMENT 2 SEMESTER 2 - 2023 
 
UNIQUE NUMBER: 
 
CLOSING DATE: 05 SEPTEMBER 2023 
 
 
 
QUESTION 1 
 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. 
 
QUESTION 2 
The board of directors of Mongalo Estates (Pty) Ltd is contemplating selling 80 per cent of the company’s assets to Hinrich Schupple, a German businessman. Indicate what right the shareholder...
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MRL2601 ASSIGNMENT 2 SEMESTER 1 – 2024 (347800)
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4.2(5)4.2429mayo 20232023/2024
- MRL2601 ASSIGNMENT 2 SEMESTER 1 – 2024 (347800) 
 
DUE DATE: 15 APRIL 2024 
 
QUESTION 1: 
1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. However, the board has never formally appointed a managing director. Nevert...
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MRL2601 Assignment 1 Semester 1 2023 (635450)
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4.8(9)4.8378abril 20212022/2023A+
- MRL2601 Assignment 1 Semester 1 2023. For assistance call or whatsapp us on 065 505 3119.................QUESTION 1 
Identify the different types of partnership that are recognised in South African law. (5) 
QUESTION 2 
Petrus in his will bequeaths his farm to his two sons on condition that they farm in partnership. Lenta, an 82-year-old unmarried woman and Maxfed (Pty) Ltd conclude a partnership agreement. A few pharmacists conclude a partnership agreement with the aim of repackaging and sellin...
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MRL2601 Assignment 1 Semester 1 2023
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MRL2601 Assignment 1 (DETAILED ANSWERS) Semester 1 2024 (399703) - DISTINCTION GUARANTEED
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Sello, Thabelo and David want to start a partnership with the aim of selling Solar batteries. Sello intends to contribute R25 000.00 on condition that should the partnership fail, Thabelo and David will reimburse him. Thabelo intends to contribute his expertise as an electrician. David i...
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MRL2601 Assignment 1 and 2 Semester 2 2024 | Due 27 August 2024
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4.3(3)4.31810julio 20242023/2024A+
- Both Assignment 1 & 2 For Semester 2 - 2024 
 
ASSIGNMENT 1 
QUESTION 1 
Explain, with reference to relevant prescribed case law for this module, how the court determines whether a specific business is a partnership. (10) 
QUESTION 2 
Explain the difference between the two types of trusts envisaged in the Trust Property Control Act 57 of 1988. (5) 
QUESTION 3 
Briefly explain what the purpose of the establishment of a trust is and what parties are involved in a trust. 
 
ASSIGNMENT 2 
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Cool Coals (Pty) Ltd operates within a poor community and made three times the usual 
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QUESTION 1 
Nandi and Patricia want to start a catering business together called It-out (Ply) Ltd. Briefly explain the steps which they would need to lake In order to incorporate a company. (5) 
QUESTION 2 
The board of directors of Mongalo Estates (Ply) Ltd Is contemplating selling 80 per cent of the company's assets to Hinrich Schupple. a Germa...
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Themba, Ndumi and Freddy want to start a partnership with the aim of selling Solar batteries. Sello intends to contribute R25 000.00 on condition that should the partnership fail, Ndumi and Freddy will reimburse him. Ndumi intends to contribute his expertise as an electrici...
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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 ...
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1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authori...
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MRL2601 Assignment 2 (DETAILED ANSWERS) Semester 1 2024 (347800) - DISTINCTION GUARANTEED
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- MRL2601 Assignment 2 (DETAILED ANSWERS) Semester 1 2024 (347800) - DISTINCTION GUARANTEED Answers, guidelines, workings and references..... Question 1 
1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. However, the...
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1.1 Two partners who are practicing as quantity surveyors, Marcus and Cobus, decide to dissolve their partnership by agreement. The partnership agreement is silent regarding the goodwill of the partnership. Cobus continues practicing as a quantity surveyor and de facto takes the partnership’s clients (valued at R1 million) over for his own benefit. Marcus feels it is unfair that Cobus has take...
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