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C3641AM Intermediate Business Science (Semester 1 2025) [FM ] [F]

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An external company (company headquartered outside Namibia but registered in Namibia) is not required to have its registered office in Namibia.?

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Preference shareholders have also voting rights in a company.

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Actual authority is also known as express authority?

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The Turquand Rule has become a common law principle and not just a company law principle and deals with other internal issues of a company?

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Intra Vires contracts also means going against the provisions of the Company's AOA and MOA? These contracts were entered into without the necessary authority or legal competency of a company.

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Section 58 of The Act, 2004 deals with the contents of theΒ  Memorandum of Association? (MOA).?

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A promoter is an agent / trustee of a company because the company does not yet exist...?

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In terms of section 20 (3) of The Act 2004, all companies limited by guarantee are deemed to be public companies.?

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Transferable units of ownership are also known as shares?

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In terms of the Dadoo Ltd & Others v Krugersdorp Municipal Council, a company was defined as a partnership of which shareholders are partners ?

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