BUSINESS LAW ( BUS 2033)

ASSIGNMENT 2
Assigned date: 31-05-2010

Submission date: 2-05-2010 ( in hard copy)

Dear students,

Kindly apply the same format of writing of the past assignment. Attempt as an
individual task.

Question 1: Write short notes on the following:

i. The borrowing powers of a company

ii. Fixed and floating charges
iii. The ways in which a company can be dissolved

Question 2: a) State three main differences between a sole

proprietorship and a company.

b) When lending to a company, is it important for the

banker to examine the Memorandum and Articles of
Association of the borrower company? State reasons for
your answer.

Note any references or books as the appendix.

PUAN DINA ABDUL RAZAK

LECTURER

MMC (Northern)