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AUE1601 ASSIGNMENT 2 ANSWERS SEMESTER 1 2022

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AUE1601 ASSIGNMENT 2 ANSWERS SEMESTER 1 2022

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  • April 13, 2022
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  • 2022/2023
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Mellissavan
2022




LEGAL ASPECTS IN ACCOUNTANCY
(AUE1601) ASSIGNMENT 02
SOLUTIONS SEMESTER 1 2022




ASSIGNMENT 02 SOLUTIONS SEMESTER 1 2022
MEL

, PART I Matter 1:

1.1. Explain the standards of director’s conduct with which the directors of
Suit-up Ltd must comply with


Section 76 of Companies Act No. 71 of 2008 addresses the standard of
conduct expected from directors;

1) A director of a company must not use the position of director, or any
information obtained while acting in the capacity of a director-
i. to gain an advantage for the director, or for another person other than
the company or a wholly owned subsidiary of the company; or
ii. to knowingly cause harm to the company or a subsidiary of the
company; and




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