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Business Law Ii Question Paper

Business Law Ii 

Course:Bachelor Of Business Admnistration

Institution: Kenya Methodist University question papers

Exam Year:2012



DEPARTMENT OF BUSINESS ADMINISTRATION
BUSS 216: BUSINESS LAW II
Date: November 2012
Question one
a) Discuss the history of company law of Kenya (10 mks)
b) Assume that you are a legal officer, and some clients have come to seek legal advice in
whether to start their company as a private or public limited company. What would you
advice? (20 mks)
Question two
a) Giving examples explain the borrowing powers of a company. (10 mks)
b) Clearly distinguish between
i) A company and partnership (10 mks)
ii) Memorandum of association and articles of association (10 mks)
Question three
a) Write short notes on the following in relation to company law
i) Legal personality as a fictitious legal concept
ii) Corporation aggregate
iii) Registered trustee
iv) Unincorporated associations
v) Forfeiture of shares (20 mks)
b) Explain the objectives and functions of the following in Kenya
i) The Nairobi stock Exchange
ii) The capital market Authority
iii) The capital markets Tribunal (10)






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