1. Explain what an agency means and how an agency by necessity and ratification be created. Discuss using relevant case law.
2. Alan and Daniel would like to run a business together. They are unsure of which business structure will be suitable for their business. Advise them on the differences, advantages and disadvantages of a general partnership, a limited liability partnership and a private limited company.
3. Discuss the duties of promoters. Are they adequately protected under the law for any breaches of pre-incorporation contracts? Explain the ways in which promoters can protect themselves from personal liabilities.
4. Who is an employee? Discuss the tests that have been developed over the years to determine if an individual is an employee.
5. Discuss the ways in which a company can voluntarily wind up, with reference to statutory provisions and cases.