Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ali and Zidane are the two directors and shareholders of A&Z Trading Sdn Bhd. They have started an online business for quite sometimes. As the

Ali and Zidane are the two directors and shareholders of A&Z Trading Sdn Bhd. They have started an online business for quite sometimes. As the business grow, they also plan to open a new hub as an option for customers nearby the area to pick-up the goods themselves instead of using delivery service. The new hub requires a lot of money for renovation, electricity and plumbing. Therefore, they would like to borrow RM50000 from MAMA Bank Berhad. MAMA Bank Berhad asked for the Company's Constitution of A&Z Trading Sdn Bhd. Explain to Ali and Zidane why is it important for MAMA Bank to obtain a copy of the Company's Constitution.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Of Tort

Authors: John Cooke

14th Edition

1292251360, 978-1292251363

More Books

Students also viewed these Law questions