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, lOMoAR cPSD| 47389193
Instructions:
1. The examination question paper counts 80 marks.
2. It consists of FOUR questions. Answer ALL of the questions.
3. Number the answers to each question clearly.
4. The duration of the examination is 4 hours. In addition to the duration of the
examination indicated on the timetable, you are given 30 minutes to FINALISE the
uploading of your exam file. Your exam file must be uploaded via the myExams
platform on 3 November 2023 BEFORE 12:30 PM (South African Standard Time).
5. This is an open-book examination. You may consult your prescribed study material
during the examination. While the examination is in progress, you are not allowed to
consult another person in order to assist you to answer any of the questions contained
in this question paper. While the examination is in progress, you may not assist another
student in answering any of the questions contained in this question paper.
Cassim
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Downloaded by Dorothy Reyes (dorothyreyes106@gmail.com)
, lOMoAR cPSD| 47389193
6. This examination is proctored via the Invigilator App. You are required to activate (or log
in to) the Invigilator app between 7:45 AM and 8:30 AM (South African Standard Time).
The QR code is below:
UNIVERSITY EXAMINATIONS
OCTOBER/NOVEMBER 2023
LML4806
COMPANY LAW
80 marks
Duration 4 Hours
Cassim
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Open Rubric
Downloaded by Dorothy Reyes (dorothyreyes106@gmail.com)
, lOMoAR cPSD| 47389193
QUESTION 1 [25]
1.1 Briefly outline the values that are embodied in the African philosophy of ubuntu and
discuss, with reference to the Companies Act 71 of 2008, whether the values of
ubuntu have been infused in the law regulating companies in South Africa. (10)
1.2 The Memorandum of Incorporation of CH Adventures (Pty) Ltd (‘the Company’)
provides that the Company is incorporated for purposes of the achievement of the
objects as set out in clause
4. Clause 4 contains the following provisions:
4. OBJECTS OF THE COMPANY
4.1. The principal objective of the Company is to operate the business of
arranging and conducting luxury camping and hiking trips for
international and local visitors to remote and mountainous areas in
South Africa.
4.2. The ancillary objectives of the Company are to purchase and provide
camping and hiking equipment that is necessary for arranging and
conducting hiking and trekking excursions.
Cassim
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Downloaded by Dorothy Reyes (dorothyreyes106@gmail.com)
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