Director resolutions Study guides, Revision notes & Summaries

LML4806 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE DATE :- 17 MAY 2024 - DETAILED ANSWERS - DISTINCTION GUARANTEED! QUESTION 1 [20] 1.1 According to Milton Friedman, “there is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits…” With reference to the principle of corporate social responsibility, discuss the meaning of corporate social responsibility and whether you agree with Milton Fr...

Well-structured LML4806 Assignment 1 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). Question: 1 Shareholders’ resolutions must usually be voted on at properly constituted meetings of the company’s shareholders. However, the Companies Act 71 of 2008 provides for an exception to this general rule. Explain what this exception under the Companies Act 71 of 2008 entails. (5) Question: 2 David is a non-executive director and chairperson of Free...

LML4806 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE DATE :- 17 MAY 2024 (DETAILED ANSWERS WITH FOOTNOTES AND BIBLIOGRAPHY - DISTINCTION GUARANTEED!) QUESTION 1 [20] 1.1 According to Milton Friedman, “there is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits…” With reference to the principle of corporate social responsibility, discuss the meaning of corporate social responsibility and...

LML4806 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS . Exclusive Properties (Pty) Ltd (the company) has four shareholders, each holding 25% of the voting rights in the company. All of the shareholders are also directors of the company. The Memorandum of Incorporation of the company has not changed the default position in terms of the Companies Act 71 of 2008 regarding the threshold required to pass ordinary resolutions. The company held a board meeting at which three directors were present....

MRL2601 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) QUESTION 1 1.1 With reference to relevant legislation and case law, explain the legal consequences of the recognition of a company’s separate legal personality. (10) 1.2 Name the different types of companies that are provided for in the Companies Act 71 of 2008. (5) 1.3 Vela is a shareholder of Impala Ltd. The next annual general meeting will be held on 13 November 2023. Unfo...

LML4806 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. Answers, guidelines, workings and references..... ........ Question: 1 Mandla is both a director and shareholder of Cargo Logistics Ltd. He wants to buy more shares in Cargo Logistics Ltd but does not have enough money to do so. He offers to rent out a warehouse to Cargo Logistics Ltd. Cargo Logistics Ltd agrees to pay R1.2 million per annum as rent for the warehouse. Mandla then uses part of the money to purchase 10 000 s...

LML4806 ASSIGNMENT 1 MEMO - SEMESTER 1 - 2024 UNISA - DUE 15 MARCH 2024 (DETAILED ANSWERS WITH FOOTNOTES AND A BIBLIOGRAPHY - DISTINCTION GUARANTEED!) Question: 1 Mandla is both a director and shareholder of Cargo Logistics Ltd. He wants to buy more shares in Cargo Logistics Ltd but does not have enough money to do so. He offers to rent out a warehouse to Cargo Logistics Ltd. Cargo Logistics Ltd agrees to pay R1.2 million per annum as rent for the warehouse. Mandla then uses part of the mo...

LML4806 Assignment 1 Semester 1 2024 - DUE March 2024 100% TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question: 1 Mandla is both a director and shareholder of Cargo Logistics Ltd. He wants to buy more shares in Cargo Logistics Ltd but does not have enough money to do so. He offers to rent out a warehouse to Cargo Logistics Ltd. Cargo Logistics Ltd agrees to pay R1.2 million per annum as rent for the warehous...

Well-structured LML4806 Assignment 1 (ANSWERS) Semester 1 2024 - DETAILED ANSWERS, REFERENCES AND GUIDELINES - DISTINCTION GUARANTEED!). Question: 1 Mandla is both a director and shareholder of Cargo Logistics Ltd. He wants to buy more shares in Cargo Logistics Ltd but does not have enough money to do so. He offers to rent out a warehouse to Cargo Logistics Ltd. Cargo Logistics Ltd agrees to pay R1.2 million per annum as rent for the warehouse. Mandla then uses part of the money to purchase 10 ...

QUESTION 1 1.1 Briefly explain to two prospective entrepreneurs, Thandeka and Mike, whether or not the requirements for the piercing of the corporate veil in terms of the Companies Act 71 of 2008 and the Close Corporations Act 69 of 1984 are identical. Refer to case law in your answer. (5) 1.2 Frank is an Information Technology (IT) specialist. He wishes to incorporate a company for his business. He does not want to offer any securities to the public. 1.2.1 Advise Frank on the type of compa...