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VOIDABLE ALLOTMENTS: An allotment of shares is voidable if it is made in breach of- a) Section 49 (1): by having been made before the minimum subscription was raised o
Mary has just graduated from LIM College and is in an interview with ABC Design Firm. ABC employees several talented designers that work with ABC retail clients to design lines of
QUESTION 1 Arbitration is an overriding condition in all business contracts. Without a clause for arbitration business relationship is bound to suffer. Critically examine this
Determine the deciding factor with respect to legislature Party with most votes has been in control of the legislature, so the deciding factor with respect to legislature is th
Illustrate the Economic and Social Council of United Nations. UN Economic and Social Council: The Economic and Social Council (ECOSOC) functions as the central forum for
Fraudulent Trading: Under s.323, if the court finds that the business of a company in liquidation has been carried on with intent to defraud creditors or for any fraudulent pu
Commencement of Business: Section III (1) provides that a public company which has issued a prospectus cannot commence business or exercise any borrowing powers unless:-
Money Lent: According to the decision in Re: David Payne & Co Ltd (23), a person lending money to a company is not bound to enquire as to why the company requires the money. H
QUESTION (a) What is a contract and what are the elements of a valid and enforceable contract according to English Law? (b) List down 5 main documents which form part of a b
International law relating to air and outer space International law relating to air and outer space is an extensive and important area. It regulates at global level and its si
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