ALL WRITTEN ASSIGNMENTS MUST BE EDITED TO AVOID PLAGIARISM
AUE1601 Assignment 1
UNISA GUIDE
UNIQUE NUMBER
1. 3 If the company in whose name the pre-incorporation contract has been entered is not
subsequently incorporated, the company will remain liable for any liabilities as a result of the pre-
incorporation contract.
2. 1 Makes submissions to the board on any matter concerning accounting policies,
financial control, records, and reporting of the company.
3. 1 If there is more than one class of shares, the memorandum of incorporation must
provide that all classes must have voting rights in respect of all voting matters.
4. 1 Bruce Wayne is not liable for the rental agreement if Robin Limited is never
incorporated.
5 .3 Turnover; beneficial interest holders (e.g. shareholders); average number of
employees; third-party liabilities.
6. 4 Mr Aviary can be part of the meeting and can take part in the vote on his removal as a
director.
7. 4 All of the above situations might constitute reckless trading.
8. 3 BA Barista Limited does not satisfy the solvency and liquidity test.
9. 2 Six directors.
10. 1 True
11. 3 The shareholders’ meeting of Mentalist Ltd, held on 30 June 2019, was conducted
successfully. As per the minutes of the meeting, a voting quorum of persons holding 30% of
all the voting rights entitled to be exercised in respect of at least one matter, was present.
AUE1601 Assignment 1
UNISA GUIDE
UNIQUE NUMBER
1. 3 If the company in whose name the pre-incorporation contract has been entered is not
subsequently incorporated, the company will remain liable for any liabilities as a result of the pre-
incorporation contract.
2. 1 Makes submissions to the board on any matter concerning accounting policies,
financial control, records, and reporting of the company.
3. 1 If there is more than one class of shares, the memorandum of incorporation must
provide that all classes must have voting rights in respect of all voting matters.
4. 1 Bruce Wayne is not liable for the rental agreement if Robin Limited is never
incorporated.
5 .3 Turnover; beneficial interest holders (e.g. shareholders); average number of
employees; third-party liabilities.
6. 4 Mr Aviary can be part of the meeting and can take part in the vote on his removal as a
director.
7. 4 All of the above situations might constitute reckless trading.
8. 3 BA Barista Limited does not satisfy the solvency and liquidity test.
9. 2 Six directors.
10. 1 True
11. 3 The shareholders’ meeting of Mentalist Ltd, held on 30 June 2019, was conducted
successfully. As per the minutes of the meeting, a voting quorum of persons holding 30% of
all the voting rights entitled to be exercised in respect of at least one matter, was present.
