Exam (elaborations)
16 MAY 2023 EXAM ANSWERS - COMPANY LAW LML4806
- Course
- Institution
QUESTION 1 [20] 1.1 The Memorandum of Incorporation of Generators Unlimited (Pty) Ltd provides that only the board of directors, or any director authorised by the board, has the power to conclude contracts on behalf of the company. It also states that any transaction that exceeds R10 million mus...
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