Inrelationtocompanymanagementandadminist
In relation to company management and administration: (b)Explain the criteria and conditions imposed by the Law onEnterprises in respect of authorised representatives of limited liability companies. (5 marks)Inrelationtothelawofagency,explainhowana
In relation to the law of agency, explain how an agency relationship can be established in the following ways: (a) by agreement; (2 marks)
InrelationtotheEnglishlegalsystem:(b)exp
In relation to theEnglish legal system: (b) explain the tracking system for allocating civil cases between courts. (4 marks)
Inrelationtoacompany’sshares,explainthef
In relation to a company’s shares, explain the following: (a) authorised share capital in a private company; (4 marks)
On14January2008,atameetingoftheboardofdi
On 14 January 2008, at a meeting of the board of directors of Yippee Ltd, it was revealed that a major competitor was likely to make a takeover bid for control of the company within the next few days. The competitor had yet to make an official takeover biD、On the same day,Bob, a director of Yippee Ltd, bought 10,000 Yippee shares in the stock market. He also told the news to his friend Marcus who then bought 20,000 Yippee shares.Required:Discuss the legal positions ofBob and Marcus under the law relating to insider trading. (10 marks)InrelationtotheEnglishlegalsystem:(a)exp
In relation to theEnglish legal system: (a) explain and distinguish between:(i) primary legislation; and(ii) secondary/delegated legislation. (6 marks)
CarolineisamemberofDiamondFittersCC.Sheh
Caroline is a member ofDiamond FittersCC、She has a 40% members’ interest in the close corporation. The remainder of the members’ interests is held in equal shares byEddy and Frank. There is no association agreement in existence between her and the other members. The main asset of the close corporation is a jewellery shop in Johannesburg.Eddy and Frank want to sell the shop and apply for a mortgage loan for an even bigger jewellery warehouse inCape Town.Caroline is not at all in favour of this.Required:AdviseCaroline on her legal position. (10 marks)
