Exam (elaborations)
Exam (elaborations) ENTREPRENEURIAL LAW (MRL2601)
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TUTORIAL LETTER 201 2023 SEM 1 EXAM PACK 2022/2023
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MRL2601/201/1/2023Tutorial Letter 201/1/2023
ENTREPRENEURIAL LAW
MRL2601
Semester 1
Department of Mercantile Law
This tutorial letter contains important information
about your module.
BARCODE
, CONTENTS
1 FEEDBACK ON ASSIGNMENT 01 ...................................................................................... 3
2 FEEDBACK ON ASSIGNMENT 2 ........................................................................................ 7
3 CONCEPT EXAM PAPER .................................................................................................. 10
4 GENERAL COMMENTS REGARDING THE EXAMINATION ............................................ 19
2
, MRL2601/201/1/2023
Dear Student,
By now you should have received Tutorial Letter 101 and Tutorial Letter 102. Tutorial Letter
101 contains information about the format of the examination paper. Tutorial Letter 102
contains the names and contact details of your lecturers and a concept examination.
The aim of this tutorial letter is to provide you with guidelines on answering the compulsory
assignments, Assignments 01 and 02, and the concept examination paper. Please consult
the relevant sections of the study guide referred to in the guidelines for further details.
Please note that the concept examination paper merely serves as an example of how
questions will be asked in the actual examination.
1 FEEDBACK ON ASSIGNMENT 01
General comment regarding answers received from students:
In general students did well in the assignment. This assignment was supposed to be a bit
trickier as you ‘wrote off’ the components of the work dealing with partnerships and trusts in
this assignment. You will not be examined on these enterprises at all.
A startling number of students submitted the incorrect document (either the questions to the
assignment or answers to the assignments for another module). Please be very careful
not to make this mistake in the exam. There is no possibility to resubmit your answers or
to replace the incorrect document on myExams.
QUESTION 1
Identify the different types of partnership that are recognised in South African law. (5)
Maximum 5 marks
The following types of partnerships are recognised in South African law:
Universal partnerships: Two types of universal partnerships can be distinguished: the
societas universorum bonorum and the societas universorum quae ex quastu veniunt.
A particular partnership.
Extraordinary partnerships: anonymous or silent partnership or a partnership en
commandite.
Special partnerships which were registered under the now repealed Special Partnerships
Limited Liabilities Act of the Cape Province and Natal.
Refer to study unit 15 sub-unit 3 in the study guide.
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