Summary
Summary AUE1601 ASSIGNMENT 2'
- Course
- AUE 1601
- Institution
- University Of South Africa (Unisa)
AUE1601 ASSIGNMENT 2'
[Show more]
5 reviews
By: shazzy123 • 3 year ago
By: kefilwesepamatla • 3 year ago
By: aneesahoosen • 3 year ago
Answers were missing in this assignment, these should be reviewed thoroughly before being out on sale .
By: LILSAINT • 3 year ago
Apologies.
By: Jenevieve • 3 year ago
By: SherbetLemon • 3 year ago
Some answers were wrong, poor format. Just not great.
By: LILSAINT • 3 year ago
It's a guide to the assignment. Not the exact answers. Exact answers will be plagiarism.
By: SherbetLemon • 3 year ago
You got the 2.1.b wrong... just a heads up.
Content preview
AUE1601Assignment 2 Semester 1 & 2 2021
Unique #: 648878
• .
PART 1
QUESTION 1
1.1.
a) Describe circumstances that, according to the Companies Act, will render a
person ineligible or disqualified from being appointed as a director.
Reference: Learning unit 4.1 and Companies Act, section 69
In accordance with section 69 of the Companies Act, the following persons are
ineligible to be appointed as a director of a company:
i. A juristic person
ii. An unemancipated minor, or someone who is under a similar legal disability
iii. or who does not satisfy any qualification set out in the company’s memorandum of
incorporation
Furthermore, the following individuals are disqualified to be appointed as a director of a
company:
i. If a court has prohibited the person or declared the person delinquent in terms of
section 162
ii. An unrehabilitated insolvent
iii. is prohibited in terms of any public regulation
iv. has been removed from an office of trust on the grounds of misconduct involving
dishonesty
v. has been convicted and imprisoned without the option of a fine, or fined more than
the prescribed amount for theft, forgery, perjury or an offence.
b) Discuss with reasons, whether or not Mr Motholo’s appointment as the
procurement director is valid.
Yes it is valid. Mr Motholo’s is qualified to be appointed as a director as nothing in the
information provided disqualifies him from been appointed a director.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LILSAINT. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R60,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now