FBE2604
Assignment 2
(COMPLETE
ANSWERS)
Semester 2 2025 -
DUE September
2025
FOR ASSISTANCE CONTACT:
100% TRUSTED WORKINGS, EXPLANATIONS & SOLUTIONS
, FBE2604 Assignment 2 (COMPLETE
ANSWERS) Semester 2 2025 - DUE
September 2025
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
Assignment 2
(COMPLETE
ANSWERS)
Semester 2 2025 -
DUE September
2025
FOR ASSISTANCE CONTACT:
100% TRUSTED WORKINGS, EXPLANATIONS & SOLUTIONS
, FBE2604 Assignment 2 (COMPLETE
ANSWERS) Semester 2 2025 - DUE
September 2025
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
