FBE2604
Assignment 1
(COMPLETE
ANSWERS)
Semester 2 2025 -
DUE August 2025
FOR MORE ASSISTANCE CONTACT:
100% TRUSTED WORKINGS, EXPLANATIONS & SOLUTIONS
, FBE2604 Assignment 1 (COMPLETE
ANSWERS) Semester 2 2025 - DUE August
2025
QUESTION 1 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.
Assignment 1
(COMPLETE
ANSWERS)
Semester 2 2025 -
DUE August 2025
FOR MORE ASSISTANCE CONTACT:
100% TRUSTED WORKINGS, EXPLANATIONS & SOLUTIONS
, FBE2604 Assignment 1 (COMPLETE
ANSWERS) Semester 2 2025 - DUE August
2025
QUESTION 1 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.
