Martha is engaged in the promotion of a company.She seeks your advice on several matters relating to the promotion of a company.You are required to advise her on the following matters. (a) The restrictions upon the choice of a corporate name with a promoter must comply
1.Martha is engaged in the promotion of a company.She seeks your advice on several matters relating to the promotion of a company.You are required to advise her on the following matters. (a) The restrictions upon the choice of a corporate name with a promoter must comply.(8 marks) (b) The legal duties of a promoter with […]
The legal duties of a promoter with regard to her responsibility where she sells her own property to the company she is promoting
1.Martha is engaged in the promotion of a company.She seeks your advice on several matters relating to the promotion of a company.You are required to advise her on the following matters. (a) The restrictions upon the choice of a corporate name with a promoter must comply.(8 marks) (b) The legal duties of a promoter with […]
he promoter’s right to payment for her services by the company after incorporation.(
1:(a) The law governing the director’s duty of care and skill takes account of the fact that the director may be a part-time counselor rather than a full-time professional manager(8 marks) (b) Mwerevu is one of the directors of Kamaliza Ltd.whose articles of association are in the form of Table A.He knows that his fellow […]
.Distinguish between the following classifications of debentures: (a) Bearer debentures and registered debentures.
(a) Define the term “price ring” (b)Outline two factors that would ensure succesful implementation of a rice ring. (c) Distinquish between a “price ceiling” and a “price floor” (d) Highlight the effect of instituting the following in an economy (i) Price floors (ii) Price ceilings For a custom-written paper […]
Joe owns 2000 shares in Lotto Limited and 1000 shares in Jolles Ltd.He sells all his shares in Lotto Limited to Janet and 500 shares in Jolles Ltd to Jeremmy.All the shares in Lotto Limited are partly paid up.Six months later,Lotto Limited goes into liquidation. (i) In the absence of any express agreement,discuss the liability of Joe and Janet in relation to the company’s debts.
1:(a) The law governing the director’s duty of care and skill takes account of the fact that the director may be a part-time counselor rather than a full-time professional manager(8 marks) (b) Mwerevu is one of the directors of Kamaliza Ltd.whose articles of association are in the form of Table A.He knows that his fellow […]