Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

The Companies Act, 2008 provides for two categories of companies, namely non- profit and profit companies. Elaborate on these two categories in detail. (20 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

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

Employment Law New Challenges In The Business Environment

Authors: John Jude Moran

5th Edition

536067031, 978-0536067036

More Books

Students also viewed these Law questions

Question

★★★★★

Bank of Hawaiis stock portfolio has a market value of $250 million. The beta of the portfolio approximates the market portfolio, whose standard deviation ((m) has been estimated at 2.25 percent. What...

Answered: 1 week ago

Question

★★★★★

The tau is the heaviest of all the known leptons, having a mass of 1,777 MeV/c 2 . Find the rest energy of a tau in MeVs and joules. What is the mass of the tau in kilograms? Compare your result with...

Answered: 1 week ago

Question

★★★★★

Summarize the six broad categories of assessment methods psychologists may use with children.

Answered: 1 week ago

Question

★★★★★

Poole Company began the 2014 accounting period with $36,000 cash, $80,000 inventory, $70,000 common stock, and $46,000 retained earnings. During the 2014 accounting period, Poole experienced the...

Answered: 1 week ago

Question

★★★★★

please include the calculations as I am trying to understand the optional end of chapter practice :) $525,000 Whispering Winds Corporation is authorized to issue 22,500 shares of $50 par value. 10%...

Answered: 1 week ago

Question

★★★★★

In our segment on stock valuation, you were exposed to the dividend discount model (DDM) and Free Cash Flow (FCF) method to estimate a stocks price. What about these two methods of equity valuation...

Answered: 1 week ago

Question

★★★★★

Case Study Jean Davis is a 19-year-old woman who is experiencing difficulties in college. She moved out of the dorm because she thought other students were out to ruin her life. Her former roommate...

Answered: 1 week ago

Question

★★★★★

1. Main Entry: Within the body of post, clearly identify each segment of the required response in order to facilitate discussion development. a. Early impressions: Another UMGC Psychology student...

Answered: 1 week ago

Question

★★★★★

A Rhodamine dye solution was discharged in a river section at a constant rate. Estimate the discharge if the dye is found to reach an equilibrium of 5 parts per billion (ppb). Given: Amount of...

Answered: 1 week ago

Question

★★★★★

In first-order predicate logic, what is a Herbrand theorem? Question 4Answer a. A statement that is provable from the axioms of first-order predicate logic b. A statement that is true in some...

Answered: 1 week ago

Question

★★★★★

Which distribution is similar to the shape of a survival function, which is often used in engineering to indicate the time it takes an object to fail? Which distribution is similar to the shape of a...

Answered: 1 week ago

Question

★★★★★

Need help about this question about The Jusen The jusen were O none of these. O labor unions crushed by MITI's Sahashi in the 1970s. O one reason for the high ownership concentration in many...

Answered: 1 week ago

Question

★★★★★

3. Find examples from your everyday life of people or situations that fit the Ithaca Syndrome.

Answered: 1 week ago

Question

★★★★★

1. Discuss the following: a) If you want stability, you should focus on change. b) What happens when an effect becomes a cause? c) If you do the opposite of what is expected, the reaction is changed....

Answered: 1 week ago

Question

★★★★★

2. In this chapter, the reader should reflect on the following concepts: Systemic, positive feedback loop, negative feedback loop, negative feed-back loop dominance, positive feedback loop dominance,...

Answered: 1 week ago

Previous Question Next Question