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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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