Buss 216:Business Law Ii Question Paper
Buss 216:Business Law Ii
Course:Business Administration
Institution: Kenya Methodist University question papers
Exam Year:2013
KENYA METHODIST UNIVERSITY
END OF 3''RD ''TRIMESTER 2013 (DAY) EXAMINATION
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS 216
UNIT TITLE : BUSINESS LAW II
TIME: 2 HOURS
Instructions: Answer question one and any other two questions.
Question One
Highlight the different types of capital.
(8mks)
Draw the differences between shares and stock.
(8mks)
Briefly explain these terms
Holding company.
(2mks)
Subsidiary company.
(2mks)
What are the methods of conversion of private company into public company?
(5mks)
What are the methods of interrupting a motion during meetings. (5mks)
Question Two
State the circumstances under which the objects clause of a company may be altered.
(8mks)
In relation to company law, explain the powers and judiciary duties of the board of directors of a company.
(12mks)
Question Three
What are some objectives of a prospectus.
(5mks)
Elucidate on the general and statutory information which must be contained in prospectus.
(15mks)
Question Four
Highlight the legal consequences of incorporation of a company. (10mks)
Give some restrictions that govern the choice of the name of a new company.
(10mks)
Question Five
Explain the meaning and purpose of the following documents in relation to companies
Articles of association.
(5mks)
A charter.
(5mks)
Prospectus
(5mks)
Memorandum of association.
(5mks)
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