Entrepreneurial Law

General information and referencing guide for all students in the School of Law

TUTORIAL LETTER 201 2023 SEM 1 EXAM PACK 2022/2023

MRL2601 ASSIGNMENT 2 FOR SEMESTER 1 OF 2024 [347800] QUESTION 1. 1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. However, the board has never formally appointed a managing director. Nevertheless, Lesedi, with th...

MRL2601 ASSIGNMENT 1 FOR SEMESTER 1 OF 2024 QUESTION 1. Sello, Thabelo and David want to start a partnership with the aim of selling Solar batteries. Sello intends to contribute R25 000.00 on condition that should the partnership fail, Thabelo and David will reimburse him. Thabelo intends to contribute his expertise as an electrician. David intends to contribute the use of his Hilux pickup truck. They come to you for advice on whether a partnership agreement will be valid based on what each ...

MRL2601 ASSIGNMENT 2 SEMESTER 1 – 2024 (347800) DUE DATE: 15 APRIL 2024 QUESTION 1: 1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. However, the board has never formally appointed a managing director. Never...

MRL2601 "2024" - ASSIGNMENT 2 (Due 15 April 2024) Footnotes & bibliography - Detailed Answers

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MRL2601 October/November 2023 QUESTION 1 1.1 Beauty, Phineas and Samson are three friends who wish to start their own publishing company. While driving one Sunday afternoon, Samson comes across the perfect office building. He wishes to purchase this building on behalf of the proposed company. Advise Samson on the requirements that would need to be adhered to in terms of the Companies Act 71 of 2008 in order to conclude a valid and binding contract on the company’s behalf before its inc...