16:01 O N Rl 529 0 66% @ { CourseOutline-H... Q : ANNEXURE I: FORMATIVE ASSESSMENT 2 Question 49 (1 Mark) Cosy Textiles (Pty) Ltd. is a judgment creditor of Lorenzo Clothing (Pty) Ltd. (\"Lorenzo Clothing\"), and Roberta is an employee of Lorenzo Clothing. Lorenzo Clothing is currently in severe financial distress, and business rescue proceedings have been initiated. Both Cosy Textiles (Pty) Ltd. and Roberta want to view the financial statements of the company. Who, in terms of the scenario, has the right to access the financial statements of Lorenzo Clothing? A. Both Roberta and Cosy Textiles (Pty) Ltd. have the right to access the financial statements. B. Roberta, the employee has the right to access the financial statements. C. None of them have the right to access the financial statements. D. Cosy Textiles (Pty) Ltd is a judgment creditor and has the right to access the financial statements. Question 50 (1 Mark) Diamond Resources Ltd. is a prominent diamond mining company with operations spanning multiple countries. In a bid to incentivize and reward long-serving employees, Diamond Resources Ltd. announces a special offer to employees who have completed ten or more years of service. The company is offering those employees the option to subscribe to shares in the company. What kind of scheme/offering is Diamond Resources Ltd giving to its employees? A. Employer Offering. B. Secondary Offering. C. Incentive Share Schemes. D. Employee Share Schemes. 149 HCML330-1-Jul-Dec2024-FA2-DK-V4-24062024 O