Answer all the questions Below..

QUESTION ONE

Discuss the circumstances under which a company will be round up voluntarily, outlining how a member's voluntary winding up is carried out.

QUESTION TWO

State the rule in Foss V. Harbottle.

What constitute the exceptions to this rule?

Maiko is a shareholder of Kakuma land Buying Co. Ltd. The Articles of Association of the Company state that the voting will be done by a show of hands. At a meeting to resolve a long-standing disagreement between members over a land buying issue, Maiko votes against the expectation of the chairman of the Board of Directors who loudly decline to record his vote. Maiko is aggrieved by the decision of the chairman, but is unsure of how to proceed. Advise him.

QUESTION THREE

Write short notes on the following:

The authorized capital

The issued capital

The unpaid capital

The reserve capital

QUESTION FOUR

Who are promoters and what are their duties to the company?

Prior to Incorporation, Mang'ea and Wanyoike, promoters of Maendeleo Co. Ltd convened public meetings. Saidi and Mutuku requested to subscribe for shares in the proposed company. They paid for shares both before and after incorporation, but when the company was finally incorporated, it did not issue any shares to Saidi and Mutuku.

Advise Mutuku and Saidi

A project manager is undertaking Cost Benefit analysis that will be presented to Senior Management for review and making final decisions. Which of the following actions should the project Manager do to BEST benefit Senior Management? Run a Cost-Benefit Variance Analysis (CBVA) report O Eliminate a number of potential trade-offs so senior management will require less time to make decisions Form a Cost-Benefit problem- solving team O Develop a viable business case for each alternative approachA project manager is undertaking Cost Benefit analysis that will be presented to Senior Management for review and making final decisions, Which of the following actions should the project Manager do to BEST benefit Senior Management? Run a Cost-Benefit Variance Analysis (CBVA) report Form a Cost-Benefit problem-solving team Develop a viable business case for each alternative approach Eliminate a number of potential trade-offs so senior management will require less time to make decisionsA Moving to the next question prevents changes to this answer. Question 20 An increase in government spending, other things constant, will cause a: a. leftward shift of the aggregate supply curve. b. rightward shift of the aggregate supply curve. O c. leftward shift of the aggregate demand curve. O d. downward movement along the aggregate supply cute. O e. rightward shift of the aggregate demand curve. A Moving to the next question prevents changes to this answer. aQuestion # Assume that (a) the price level is flexible upward but not downward and (b) the economy is currently operating at its full-employment output. Other things equal, how will each of the following affect the equilibrium price level and equilibrium level of real output in the short run? Explain each one in 2-3 lines maximum, it. An increase in aggregate demand. b. A decrease in aggregate supply, with no change in aggregate demand. C. Equal Increases in aggregate demand and aggregate supply. d. A decrease in aggregate demand. C. An increase in aggregate demand that exceeds an increase in aggregate supply