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LML4806 Company law Study unite 1 2023 with verified questions and answers

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LML4806 Company law Study unite 1 2023 with verified questions and answers

LML4806 Company law Study unite 1
LML4806 Company law Study unite 1

Types and Forms of Companies 1. Profit Company 2. Non - profit company Profit companies 4 tipes 1. Sate owned - schedule 2/3 of PFMA -Municipality - National government business 2. Public - can sell shares to public & freely transferable -Can be listed on JSE 3. Personal - Professional association e.g Attorneys - Directer jointly and severely liable 4. Private - Cant sell shares to public MOI forbids it. - Not freely transferable - Fudtrust matter. Section 66:...

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7 pages
Written in 2022/2023
Grade A+
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