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  5. AUE1601 - Legal Aspects In Accountancy (AUE1601)

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AUE1601 ASSIGNMENT 1 YEAR 2023

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THE DOCUMENT HAS YOUR ASSIGNMENT GUIDE FOR THE CURRENT SEMESTER. THE SOLUTIONS ARE COMPILED AS PER UNISA STANDARDS AND REGULATIONS. HENCE IT WILL MAKE IT EASY FOR YOU TO COMPILE YOUR OWN ASSIGNMENTS.

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  • March 12, 2023
  • 2
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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ALL WRITTEN ASSIGNMENTS MUST BE EDITED TO AVOID PLAGIARISM


AUE1601 Assignment 1
UNISA GUIDE
UNIQUE NUMBER

1. 3 If the company in whose name the pre-incorporation contract has been entered is not
subsequently incorporated, the company will remain liable for any liabilities as a result of the pre-
incorporation contract.

2. 1 Makes submissions to the board on any matter concerning accounting policies,
financial control, records, and reporting of the company.

3. 1 If there is more than one class of shares, the memorandum of incorporation must
provide that all classes must have voting rights in respect of all voting matters.

4. 1 Bruce Wayne is not liable for the rental agreement if Robin Limited is never
incorporated.

5 .3 Turnover; beneficial interest holders (e.g. shareholders); average number of
employees; third-party liabilities.

6. 4 Mr Aviary can be part of the meeting and can take part in the vote on his removal as a
director.

7. 4 All of the above situations might constitute reckless trading.

8. 3 BA Barista Limited does not satisfy the solvency and liquidity test.

9. 2 Six directors.

10. 1 True

11. 3 The shareholders’ meeting of Mentalist Ltd, held on 30 June 2019, was conducted
successfully. As per the minutes of the meeting, a voting quorum of persons holding 30% of
all the voting rights entitled to be exercised in respect of at least one matter, was present.

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