Day: September 16, 2020

Mary Kinga will accrue the following rights and obligations as an assignee She is entitled to receive the share of profits which the assignor was entitled She receives the share of the assignor in case of dissolution of the partnership. Read More …

Distinction between memorandum and article of association Memorandum of association governs the company and outside world, whereas the article are internal rules of management Memorandum of association must be registered with registrar whereas the company may choose to adopt Table Read More …

Disadvantages of a limited partner He cannot participate in the management of the firm. He cannot bind the firm. He is not entitled to dissolve the partnership by notice. His death does not dissolve the partnership, unless provided for in Read More …

Advantages a company has over a partnership as a form of business organisation. Limited Liability First and foremost benefit of doing business via company is the limited liability conferred upon the company’s directors and shareholders. As a sole trader or Read More …

Types of domicile. Domicile of origin This is the domicile a person acquires at birth. Sections 3-6 of the law of Domicile Act sets out the rules / principles governing acquisition of domicile of origin: An infant born legitimate acquires Read More …

Rights of a trade union member:- Right to participate in its lawful activities. Right to participate in the election of its officials and representatives. Right to stand for election and be eligible for appointment as an officer or official. Right Read More …