Kimoli and Anjere wish to venture into business. However, they are not sure whether to trade as a partnership or a private limited company and seek your advise.
a) Advise them on the disadvantages of trading as a private limited company. (12 marks)
b) Highlight the legal consequences of incorporation of a company. (8 marks)
Explain the reasons why a company would resort to take over, merger or a reconstruction.
(10 marks)
Explain the reasons why a company would resort to take over, merger or a reconstruction.
(10 marks)
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