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1. Give a detailed analysis of TWO (2) types of business formations by critiquing FOUR (4) main characteristics of each. 2. With the use of
1. Give a detailed analysis of TWO (2) types of business formations by critiquing FOUR (4) main characteristics of each.
2. With the use of cases and/or examples, explain the following terms as used in company law:
i. Fixed charges
ii. Preference shares
iii. Registration of charges
iv. No par value
v. Capital maintenance
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