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 (PT) EXAMINATION
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : BUSINESS ADMINISTRATION
UNIT CODE : BUSS 216
UNIT TITLE : BUSINESS LAW II
TIME: 2 HOOURS
Instructions:
Answer question one and any other two.
Question One (30 marks)
Discuss the practical consequences of registration of a company i.e. incorporation.
(10 marks)
Discuss the various ways through which the lifting of the corporate seal may be done by the courts.
(10 marks)
A member of a company is not necessarily a shareholder and vice versa. Discuss.
(10 marks)
Question Two
Discuss the procedure for registering a public limited company. How is this different for a private limited company?
(15 marks)
Outline at least five differences between a Public Limited Company and a Private Limited Company.
(5 marks)
Question Three
Explain the major contents of a Memorandum of Association.
(10 marks)
Compare and contrast a Memorandum of Association and the Articles of Association.
(10 marks)
Question Four
Explain the meaning of share capital.
(2 marks)
Explain the classes of shares.
(10 marks)
Explain the alteration of capital.
(8 marks)
Question Five
In the context of voluntary winding up, explain the statutory provisions regarding the powers of the liquidator which may be exercisable.
With the court sanction.
(10 marks)
Without the court sanction.
(10 marks)
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