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Second Semester Examination For The Bachelor Degree Of Commerce Question Paper

Second Semester Examination For The Bachelor Degree Of Commerce

Course:Bachelor Of Commerce

Institution: Kenyatta University question papers

Exam Year:2012

KENYATTA UNIVERSITY
UNIVERSITY EXAMINATION 2011/2012
SECOND SEMESTER EXAMINATION FOR THE DEGREE OF BACHELOR OF
COMMERCE

BBA 401:COMPANY LAW
DATE:TUESDAY,3RD APRIL 2012 TIME: 2.00P.M-4.00 P.M

INSTRUCTIONS Answer question ONE and TWO other Questions.
1. a) Discuss the proper plaintiff Role citing at least two cases. [15 marks]

b) " While every person who deals with the company to know the contents of
Memorandum and Article of Association,it is assumed that any internal
procedures required for purposes of validating of action of the company
is complied".Discuss [15 marks]

2. a)Discuss the various modes of winding up as provided in S.219 of the
Companies Act [1o marks]

b)Who may present the petition? [10 marks]

3. While citing examples case,discuss the following statement"The general rule is that
shareholders are distinct from the company' [20 marks]

4. a)Outline the fundamentals duties of promoters [8 marks]

b)Explain the various ways one may acquire membership. [12 marks]

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