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Question A. Give a detailed analysis of TWO (2) types of business formations by critiquing FOUR (4) main characteristics of each. B. With the use

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A. Give a detailed analysis of TWO (2) types of business formations by critiquing FOUR (4) main characteristics of each.

B. With the use of cases and/or examples, explain FOUR (4) of the following terms as used in company law:

i. Fixed charges

ii. Preference shares

iii. Registration of charges

iv. No par value

v. Capital maintenance

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