Commercial Law

Instructions: Questions 1 to 4 are short answer questions. Answer all FOUR (4) questions. Each question carries TEN (10) marks. Please cite relevant case law and/or statute. Each answer should be between 40 to 60 words (estimated). Write your answers clearly on the answer sheet. Question 4 In relation incorporation of companies, briefly discuss "separate legal person" and which type of incorporated business structure will be able to raise the most capital