Cmm 411: Company Law Question Paper

Cmm 411: Company Law

Course:Bachelor Of Commerce

Institution: Catholic University Of Eastern Africa question papers

Exam Year:2014

THE CATHOLIC UNIVERSITY OF EASTERN AFRICA
A. M. E. C. E. A
MAIN EXAMINATION
MAY-JULY 2014 TRIMESTER
FACULTY OF COMMERCE
DEPARTMENT OF MARKETING AND MANAGEMENT
CMM 411: COMPANY LAW
Duration 2 hrs
Instructions: Answer Question ONE and ANY other TWO questions.
Q1. ‘A company is an artificial person created by law’
a) Analyze the characteristics (20 marks)
b) Discuss the advantages of incorporation. (10 marks)
Q2. Discuss the procedure involved in the formation of a company. (20 marks)
Q3. It is necessary for every company to have a memorandum and article of association of its own:
a) Distinguish between a memorandum and articles of association. (6 marks)
b) Discuss the contents of a memorandum of association (14 marks)
Q4.
a) Discuss the exceptions to the ‘Doctrine of indoor management’ (14 marks)
b) Explain the position of directors as:
i. Agents
ii. Employees
iii. Trustees (6 marks)
*END*

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