, MRL2601 Assignment 2 (COMPLETE ANSWERS)
Semester 2 2025 - DUE September 2025; 100%
TRUSTED Complete, trusted solutions and
explanations.
Bapela, Babra and Maite decided to establish a close
corporation. The close corporation specialises in the renovation
of immovable property, offering a range of services that
enhance and restore various types of real estate. Recognising
the importance of clarity and structure in their professional
relationship, Bapela, Babra, and Maite, who are all members of
the close corporation, have decided to draft an association
agreement, which details specific rules and regulations that
govern their respective duties and responsibilities within the
corporation. Part of the association agreement is that no
member should be able to contract services outside their
specialities. Bapela, while acting on behalf of the close
corporation, concludes a contract with Tment Pty (Ltd) to sell
cars which fall outside the scope of the close corporation. As a
result, Bapela’s actions have affected the close corporation’s
operations. Discuss whether Bapela has the authority to
conclude such a contract, Explain what the principle of
corporate social responsibility entails and provide examples of
how this principle is reflected in the Companies Act 71 of 2008.
With reference to the relevant case law and appropriate
Semester 2 2025 - DUE September 2025; 100%
TRUSTED Complete, trusted solutions and
explanations.
Bapela, Babra and Maite decided to establish a close
corporation. The close corporation specialises in the renovation
of immovable property, offering a range of services that
enhance and restore various types of real estate. Recognising
the importance of clarity and structure in their professional
relationship, Bapela, Babra, and Maite, who are all members of
the close corporation, have decided to draft an association
agreement, which details specific rules and regulations that
govern their respective duties and responsibilities within the
corporation. Part of the association agreement is that no
member should be able to contract services outside their
specialities. Bapela, while acting on behalf of the close
corporation, concludes a contract with Tment Pty (Ltd) to sell
cars which fall outside the scope of the close corporation. As a
result, Bapela’s actions have affected the close corporation’s
operations. Discuss whether Bapela has the authority to
conclude such a contract, Explain what the principle of
corporate social responsibility entails and provide examples of
how this principle is reflected in the Companies Act 71 of 2008.
With reference to the relevant case law and appropriate
