Subject: Law on Partnership and Corporations

1. Distinguish between articles of incorporation and by-laws

2. What are the similarities between Corporation and Partnership.

3. What are some of the causes of vacancy in the office of director or trustee? How can the vacancy be filled up?

4. Discuss briefly the kinds of powers that a corporation can exercise.

5. What is an Ultra Vires act? How is it different from an illegal act? Explain