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(a) Mention and explain the essential features of a partnership.

Question

(b) Dan, Kan and Jus are general partners in a merchandising firm. Having contributed equal amounts to the capital, they also agree on equal distribution of whatever net profit or loss is realized. After two years of operation, however, Jus ...

BodMas
0
April 19, 2023 at 13:24
(a) To mention and explain the essential features of a partn

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BUSINESS LAW, FOUNDATION LEVEL, NBAA 5 months 1 Answer 6 views

Koplo Matata is a famous business man in Tanzania. He has been announced as one of richest people in the country. He owned several Companies that are all registered and have been functioning in accordance with the laws of the land. During last year 2016, he resigned from being the Chief Executive Officer (CEO) in one of the Companies that he used to own bearing the name KOPLO ENTERPRISES LIMITED (KEL). He announced that after his resignation, he could only act as an advisor and not otherwise because he ceased to be a member. The Company has been dealing with importing Cosmetics and selling them to various retailer shops in various parts of the country. Early February, 2017 a suit case with cocaine in it was found among the luggages carried in a container on a ship that was carrying cosmetics imported by KEL while in transit from the United States of America to Tanzania. The suit case had a name tag ‘KOPLO’. Mr. Koplo Matata has been summoned by police for interrogation but he has absolutely denied existence of any ties between him and KEL since he resigned as the CEO. The issue has triggered different perspectives from people on whether Koplo Matata was part of the drug deal or not. Some of your friends are eager to know the legal position taking into account that the fact you have studied a course on business law.

Question

REQUIRED: Advise them on the following:- (a) The legal action to be taken to inquire whether Mr. Koplo is part of the Company or not. (b) The circumstances which can lead to (a) above? (c) Suppose it is discovered that Koplo Matata is still ...

BodMas
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April 19, 2023 at 13:22
(a) The legal action to be taken to inquire whether Mr. Kopl

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BUSINESS LAW, FOUNDATION LEVEL, NBAA 5 months 1 Answer 4 views

Ann is about to attend her first ever annual general meeting of Bongo Plc. The documentation for the meeting mentions various people, but Ann is not sure what their exact roles are within a public limited Company. Also she is not clear about the procedures for voting or how one becomes or ceases to be a director.

Question

REQUIRED: (a) Briefly explain to Ann the role and powers of the following: (i) Chairman of the Board (ii) Managing Director (b) Briefly explain what is meant by: (i) A poll vote (ii) A proxy vote (c) Explain how directors are appointed and may be ...

BodMas
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April 19, 2023 at 13:15
(a) The role and powers of the following: (i) Chairman of th

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BUSINESS LAW, FOUNDATION LEVEL, NBAA 5 months 1 Answer 4 views

(a) Distinguish between “negligent misrepresentation” and “fraudulent misrepresentation”.

Question

(b) Critically examine the objectives of the law of tort and critically consider how far these objectives are successfully met. (c) The maxim “res ipsa loquitur” makes it easier for the claimant to prove negligence. REQUIRED: Critically analyse this statement

BodMas
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April 19, 2023 at 13:10
(a) Negligent misrepresentation and fraudulent misrepresenta

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BUSINESS LAW, FOUNDATION LEVEL, NBAA 5 months 1 Answer 5 views

(a) “Contractual terms can either be conditions, warranties or innominate terms”. Discuss.

Question

(b) Mapesa was a bachelor who lived at Kilimahewa Town in the City of Mishemishe. He was a loner and in ill health. He contracted his sister Chaurembo, who lived in Kwetukwetu town and asked her to move to Kilimahewa ...

BodMas
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April 19, 2023 at 13:05
(a) Contractual terms can either be conditions, warranties o

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BUSINESS LAW, FOUNDATION LEVEL, NBAA 5 months 1 Answer 4 views

(a) Identify the three conditions which support the existence of a contract of employment.

Question

(b) Section 15(1) of the Employment and Labour Relations Act, 2004 requires an employer to provide an employee with a written statement of particulars or terms of employment. REQUIRED: Identify the contents of the statement of particulars. (c) AVENA Ltd is a tyre ...

BodMas
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April 19, 2023 at 13:02
(a) Identify the three conditions which support the existenc

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BUSINESS LAW, FOUNDATION LEVEL, NBAA 5 months 1 Answer 4 views

(a) Briefly describe the Tanzania legal system.

Question

(b) Write short notes on the following legal terms: (i) Criminal law (ii) Civil law (iii) Statutory law (iv) Case law (c) Identify four (4) statutes relating to theft, forgery, fraud, bribery and money laundering

BodMas
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April 19, 2023 at 12:55
(a) To describe the Tanzania legal system: Legal system refe

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BUSINESS LAW, FOUNDATION LEVEL, NBAA 5 months 1 Answer 4 views

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