Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Explain what you understand by company constitution. Are all companies required to have the same company constitution? Is it mandatory for companies to have companies'

  1. Explain what you understand by company constitution. Are all companies required to have the same company constitution?

  1. Is it mandatory for companies to have companies' constitution?

  1. What are some of the information that should be outlined in a company constitution?

  1. Are companies required to have company's constitution before they start their operations? Explain with appropriate citations from Companies Act.

  1. Explain and differentiate the two: memorandum of association and articles of association. Explain with appropriate citations from Companies Act.

  1. Explain replaceable rules and its significance. Is there a need for Companies trading in Fiji to have replaceable rules? Justify your answer.

  1. Can a company's constitution give additional powers to its directors than specified in the companies Act?

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

Step: 3

blur-text-image

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

Financial And Managerial Accounting

Authors: Carl S. Warren, Jefferson P. Jones, William Tayler

16th Edition

0357714040, 9780357714041

More Books

Students also viewed these Accounting questions

Question

1. Maintain my own perspective and my opinions

Answered: 1 week ago