Mrl2601 notes - Study guides, Class notes & Summaries

Principle – Company is a separate legal entity Forms of enterprises – 1. Sole proprietorship – capital on one person invested 2. partnership – 2 or more pool capital and abilities 3. CC – legal personality 4. Company – Legal personality 5. business trust The registration of a company or CC allows the body with separate legal personality with its own rights and liabilities The risk extends only to the loss of amount they contributed as capital CC and company enjoys the benef...

MRL2601-Entrepreneurial Law SUMMARY NOTES . Entrepreneurial Law Study Unit 5 Principle – Company is a separate legal entity Forms of enterprises – 1. Sole proprietorship – capital on one person invested 2. partnership – 2 or more pool capital and abilities 3. CC – legal personality 4. Company – Legal personality 5. business trust The registration of a company or CC allows the body with separate legal personality with its own rights and liabilities The risk extends only to ...

MRL2601 - Study Notes - EXAM SUMMARIES

This document is a complete and an all-inclusive guide to MRL2601 - Entrepreneurial Law MRL2601 SUMMARY NOTES Principle – Company is a separate legal entity Forms of enterprises – 1. Sole proprietorship – capital on one person invested 2. partnership – 2 or more pool capital and abilities 3. CC – legal personality 4. Company – Legal personality 5. business trust The registration of a company or CC allows the body with separate legal personality with its own rights and li...

→ An inclusive approach of joint decision-making in matters that affect the business is foundational to the ubuntu concept. → A more horizontal approach is promoted where not all decisions are made from the top. → Ubuntu means people are people through others and is an underlying concept of Africanism. → Ubuntu was given explicit application in our law in the highest court in S v Makwanyane 1995 in which case Madala J noted that ubuntu advocates social justice and fairness. ...

Summary MRL2601 - Entrepreneur law studyguide NOTES FINAL 2020/2021

Summary MRL2601 - Entrepreneurship law NOTES FINAL 2020/2021