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QUESTION TWO Just as a natural human being, even though he is in possession of his birth certificate, cannot enter into contracts unless he is

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QUESTION TWO Just as a natural human being, even though he is in possession of his birth certificate, cannot enter into contracts unless he is of full capacity, so too a company, despite its certificate of incorporation, cannot commence business unless it has fulfilled certain prior conditions. Discuss the conditions, if any, a company must meet before it commences business? (20 MARKS)

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