a) Explain the meaning of the term “articles of association” as used in company law.
(4 marks)
b) Once signed and registered, the articles of association of a company have effects on both the shareholders and the company itself.
Describe these effects as provided in the Companies Act. (6 marks)
c) Outline the provisions of the Companies Act which govern the alteration of the articles of association of a company. (5 marks)
d) Highlight five advantages of a private company over a public company. (5 marks)
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