Surmeenainicatcuaton Kwaiiasiey — pcom ‘uaincaticn: Tyasduu 7 Durations) 7 ine {CURIAL LAW Maks! onDeRNEMNGSYORMERES/ENTREPRENT ae Modul bask! max Nore esenpuor Deum og pars sTENS Date 72018 Etsaninstone! Pi ga PELSER Examiners) vewseun ye 18.00 oder: AVANEL 2 Inhandiging van atwoordstiteSu eoctet a pest de isan et ean verse nore TIE We reventonte ste verwaee — 1. Vomat sudet de otsamen cal tas! moet [Zrvcusite san Se mespove comand ro ehiStrgprace. wee oo san am rdenening on Rat casewonte ta tom mae yatoe 2 _Ribtcaren serra bf seat nk eatoor (ree Suse wird eet om met poe of eon aaran est pre a wort 10. Seton not sah be guises an oops and mission ofarswer scripts: GewoonOrdinary ‘Examination Assessment instucuons haere ot howd hance ct hones a cat spor ecnrnes eng tat ott ‘Sec te eam asset ag ‘Susens mus pater botnet othe vn Suaens we suet secrmy recent ug ‘beyanonoet oer have Soe once bes osenson exp gop book oxen a [Beng ss sumer scat or atenpteeedy ‘Sasince fom ay sae oer poe sue rng tn ram aessnen Nocosen stowed ave examination 7 Satsuma ence bw hat howe ‘camino assessor season has ag Notetesinets se sowesin he exam Nopapes ay be emove fom te answer sci ‘etre siete exirunaton wont oe ‘Sips mint beans be ovgtton, “he atndacn ip which an FoNe oan {basher b MPU examination renepone mos ra? ‘Sapna and handed to gar ‘aleaminaon rowers re ten ack St Shere ae 0 showed wenger oe Stowers ey ice mst dey dss the mean ews aad a MLAW 121 CLASS TEST 1- AUGUST 2018 / MLAW121 KLASTOETS 1- AUGUSTUS 2018). | In respect of each pu of the is rue or false nd provide. meee for your answer. (Two marks everhouding tussen Verskele persone en kay nN kan é eet ZA A niger a8 11729 je vorn van 7 saamleetverhouding. / A partners; Wy various persons and may also be Bae is in make a proft ia iy oe Kushi wil hul ee Jonnoatskap stig. Hulle is. gekwalt indes van die bestuur van ih mice van 169 ‘nuniversele vennootskap. / Arnav, Ree die ‘Kushi wish to setup their OWN | partnership. They are qualified attoreys. A par ati for the purposes of conducting @ lege! practice or running a law firm, is usual 43 universal partnership. necerdesn st a vn Anonieme vernootskap, ook bekend ash stile vennootskap, ish tipe venr waar siegs een van die vennote openlik esigheid met derde partye Gere monymous patersip, a KOW m ‘silent partnership, is @ type of partne An openly conducts business with third parties. ership ‘where only one of the partners ‘nVennoot en commande, xan aanspreeklik wees vir pro rata-gedeelte van die van die vennootskap. ! A partner en ‘commandite, can be liable for a pro rata shi skuld are of the debts of the partnership. Ine ceouase van parone i venrocskae al dan nie, hang af srderiggende esenskappe van die ass0595% ‘en die bedoeling van die | pai va die corenkoms wat Ot die daarsteling van die vennootskap, 7 ae ten srsnal an assocaton of persons iS @ partnership depends on the und mel oF ces oft association and he intention of he pats fo the _— ‘ving ris to te pariershiP agreement ‘h Vennootskap kan bates in sy ele na own name. ‘in Vennoots! succession Si eerretskap wor hanteer soos ft ragspersoon vir prosedurele gerief tyd jens * feake 7A partnership is treated Ikea jurists person for itigious mater. beetle nootskap, vir doelel firma, is nomad .am besit. | A partnership can own assets in it its Jap geret voorurende bestaan. / A parnership enjoys perpet mpetual MLAW 1 21 CLASS TEST 1- AUGUST 2018 / MLAW/121 KLASTOETS 1- AUGUSTUS 2018ES NAAR A - is oe a behulsing Vir ai ents de eit ember 29 ie Fr enna SO" SD puss MM! Rosa t ond Nae huise "8 gebou pet 00k wy word na SeSPESISSETGE ark ae vennote qutomates riestablishes a partnership, The eae wees. DIE Nant ag n wernt? ON Daa and Nuneipaly. The HOUSES Must be by e ¥ a otveet| jou antwood Marks lilt by th net? oxsing 1° the ago issove the partnership after the pois gneve 2018 Te gsip De ao mol ae a pected Peto of Son: Nay 2 duit. ‘Question: ae eapsed” Wuotvate YOU ane Hiro maak gebruik van die dienete n tion 3 pening. Vroag 3 Quester i mension many de odgietersondememing. Hiro gaa 0 Tao enMito 6 a en 92m oedanigneid (vt bou van in badkamer vir Hrro, eu aanby THO SY ‘personite low te betaal nie en besluitom slegs die bedrag ere onde veo igheid te betaal. Tto aanvaar die betaling en ‘aan THO in SY ae Vraag: Kan Tito Se coptrede in hierdie omstandighede ag ‘it nie 32" SY me oper estou Wo?! ; Hirro engages the services of the plumbing mmbing business Tito and Mito are partners in : aa “aso incurs 2 debt 10 Tito in his personal capacity (for cebt ford to pay these amounts and decides to only business 8 e snnat af Hiro cal puilding a bath ae a a ‘capacity. Tito accepts the payment and does ye amount he Wes 10TH ig. Gan THOS conduct be seen as unlawful in these 1 vanuit‘n uitspraak gelewer in die Hoogste Hof ‘ombard [2007] SCA 2 (RSA) | The following is an agement dlivredin the Supreme Court of Appeal of South ittreksel met 2005 het die appeliant en respondent saamgeleef as man en vrou in enon’ en toe in Plettenibergbaai. Deur die loop van hul lies bygedra wat sy gehad het tot die gesamentike ee rnanseal en fies, sowel as de oPTEnaE die verkoop van haar bates, haar saiars, tyd, enegie, arbeid, ‘wardighede en Kundigheid. Die appellant het sy clektisitetsbesigheid bygedta, ie verskilende eiendomme wat deur die partye besit word ose eid vir hulle verska. Die respondent het ook gehelp met die esigheid en voorsiening gemaak vir sy behoeftes en gerief. Nadat hulle na Pretenbergbaai getrek het, het die respondent bygestaan met Se aeea ope plas enin die verstaing van akkommodasie i toeiste, Die verhouding tussen die partye het op 1 April 2005 tot einde gekom, waama die respondent in'n woonstel ingetrek het. [weergawe vertaal vanaf die ‘oorspronklike] *Vanat 1989 tot en in gesamentike huishouding, £25 verhouding het de respondent al MLAW 121 CLASS TEST 1- AUGUST 2018 / MLAW121 KLASTOETS 1- AUGUSTUS 2018they the relationship between the parti, mm ay pn et get vt AIL oe aren pr oa oe emer ope ft Wa YOON ont vas gto tats provided: Answer the eaewert 58 Og on 7 questions ve die daarstelling van Geldige Ven, 3 otis wees eg. In u antwoord, VeNWyS nah hy rc ootskap Ya a Ge Sat AOS ersctskaputeenst Brey discuss the Wat dig wv 3 , requir accordance with Sout remey maa OI al partnership s th Afric nts ce eset that set out the essentials of a partn, lets In fo8 5 bad tussen die betrokke partye? Indien wel, 2 Welke _ vp vennootsh2?. A 7 Verduidelk u antwoord ten volle deur tipe TR, beens hort atin Sud-Atikabestaan./ Does ne HS a a seed se TE pfs, what YP Of Partershi could Partnership it consti een a ig te GE om Of Partnerships ta ae your answer oust . 10 Py ARDELING C1 SECTIONS Sate / Marks} Vraaa 5 | Question 5 19) ondememingsvorm / Explain the concept “rust” ag a form. (2) ese ET quorin 1, verde ook of daar versklonde soot trast 52, Metvermeng ak we, 58 ne GVA van vERnootappe. 1 Wn — is enookin jin 5.1, also explain whether there are different forms ta ned siren tice, asi te case with partnerships, gy i rede vir u antwoord. / |: lin yaar of vals? Verskaf 1 Is the followi ren ops vandegetrakvann ust 8yvoorbeel, inden jou eieng a i ca ren pegunstigde van die trust, dan maak die eiendom nie meer inet re totel ute en ds beekem van ou Kreteue, 8 word jy insolvent verktaar. / There are many advantages in utilising @ trust. For instance, if your er crogtredin ets ard ou ea beneeiny of the trust then the property no aorertame pat of your persona ese arai therefore protected from your creditors, even ‘you are declared insolvent. 2) END OF TEST | EINDE VAN TOETS TOTAL | TOTAAL = 35 ‘MLAW 121 CLASS TEST 1- AUGUST 2038 / MLAW121 KLASTOETS 1- AUGUSTUS 2018nwvensiY vost en orn Ta ROWeSANIVERSTTET SakrehonaaratCaleusory pay Pubricetes See] Goon Goon reais PAPA renaee cards (AS): |_| Antwoordstite! wil eee ee C wurosehaa (A) Benodigahede wher bi] siunusekaate (ASY Prosensiestroies(vulvraestoy wutenoie card ( Attendance sips (Flin pape" Grafekpapier Rofwerkpspler! Graph paver: Scrap paper: c.ass TEST? Awaits Tos Areca) HLASTOETS 2! Qualification; BCOM ype ot aasesmat a Moduichode! mares Diraton 8 mine Module cove: a ena oe besry Wax Morte desrpton: : ENA tums Etaumato) PH SRA PELSER CARSTENS Date stoar018 carat ‘SHAD! MAGANOE y Moderators) AVANZYL ae beth mlennlime) ea pre + Re 88 e $$$ Examination Assessment Instructions on | ane oe ono ers wooed ha 1 Sede wort ne wea on eno St Pleo 8 cal pores Shae et gett me a ct pore esas sugar eo serena ware Erle. nte arnan/eseaar ey, 2 RSS st en tn as 2, Sues mist puter bas inet te ee 2 Seeie nae aon pemorslien | 3 Shute neo dcp ress Sco recne en tates orsenrars| > Statice ean fers simmons ga: 0 ed szsanon ce oe kein, ero re sn 3 po) om Bard an emptor ser on oe ess pore wy est de fsastrce or ay Sade or cher pone ana Segprp sande suas srry dle nam’ eseamce snathe RT ge esaneasietes | 4 Ness owed lee raring Geen ws yt ate ee bactanet ens beat shows ooo tsoote netomat sess taro Ir sun co exons || 5. herfererswealovesin ne stamens scent wget asstenet vee Rea ot segce site eer | 6. Hepat breve em eaves a 1. Bets ene exommator ee oe 1, Woot sutet de sane thal eas ron sopsinaltchanded obeinigiaoe eet SMotstitenn a rogue ons t,Twrstendne ip whch ate seves an ne 7 Reratteandenimemntdtt, |S Memeegattueesten mtg fiw esoneneste fe em, net welt eh competed end anes into PE gen wert de egoses 4. Avninton aewers mi owen intack Misano ot fa besos Wi Secon et aowed ova ete tre! Sure we ne eps on ne pote cine ran Fore waan ge igre tn won 10. Sos mst cay dete th mand 10 Stteucralsoceh rasese on sti mes threaten ved oe ‘MLAW 121 CLASS TEST 2- SEPTEMBER 2018 / MLAW121 KLASTOETS 2- SEPTEMBER 2018Se eee die volgende stellings, dui aan of die stelling Waar of Is ig en ; te per vraag): / In respect of eac} voorsien in rede vir jou antwoord (2 punt Of th statements, indicate whether the Gatoment is True oF False, and provide g reas (ohn answer (2 marks per questio”) ‘Met verwysing na elk van Your ‘oor aparte regspersooniikheid be, tp beslote korporasie 7 \ Ongeaa de fet ‘mstandighede @anspreekik weee KAN die lede van hi bestote korporasie nt sekere sic te va atte Kerporase/ Despite he =) that close corporation ig separate ttt entity, the members of @ close corporation can liable for the debts ie pe legay ‘corporation in certain instances. 1° Cioee @) fin n besloteKorporasie mag nie minder 28 10 lade Die minimum aantal led \ We in a close corporation must not be lose es. "®: ! The minimum number of membe! : ‘members. S than 19 (2) Xo Maatskappy mag n lid van Fn besiote korporasie wees. / A company m, member of a close corporation. ay be a in' (2) sn Beslote korporasie kan ‘n aandee!nover in maatskappy Wes. / A close go, can be a shareholder in a company. oration Q) sn Trust kan‘n lid van n beslote Korporasie wees. / A Trust may be a member of a close corporation. (2) V2 J Question 2 (8) sar fe vraag (1 punt per vraag): / Answ sn i a Ar et Hoeveel lede (% stermme) How many members (% vO! “a Om onraerende eiendom te verkoop / to sell fixed property; r je beslote korporasi Ome raam en deb Jote korporasie te verander / to change the name of the 4) Om di rekenkundige beampte te verwyder / to dismiss the accounting officer; Om h vooriniywingskontrak te ratifiseer/t ratify apre-incorporation contract; Omi ening aan’ id toe te stzan to grant a loan to a member, teenwoordig by n vergadering moet toestem tot die vol Ye) present at a meeting must agree to the following igende: 1 om van al die bates van die Korporasie mee weg te doen / to dis assets of the corporation. poet MLAW 121 CLASS TEST 2- SEPTEMBER 2018 / MLAW121 KLASTOETS 2- SEPTEMBER 2018swore following questions: eae king tot di eval a betrekking tot die ledebeta vote este? ie eee features win, * esi oC fescription of reg SS ese or previ 2 fea! 92rd to the sie eres ier op Beste KOTPOTASICS waar D le e de ie korporasie. Ve ‘de le ingev0l® wuld vO" die korp erskaf die relay, Persoontik 2 i vi G2 tances, in terms of the Ci Spa. Noem T enou kan jane 2 insta lose Co, artikel aa gute rel japle forthe debt oF the comoration rations a van die we wl 06 reid Per genta TOVide the savers mabe" act ad a igh ondermeer die naam en a 4 arent sx 9 esta" be ne oem en besPreek {WEE an ciisrateye S31 St peslle ora caring anders a8 dit wat reeds GenmPonente je wih anos te include the name LA ding state si Oe tion. Name explain 2 other com, © and founding ects ofthe nt apart fo” those already mentioned above, ponents nding stolen ad ‘omskep word in ‘n maatskappy, Lys e (4) ni vied for nop oration can be c ige 3 orporasie Ka yaciose com onverted fe aa ‘nome pis or such a conversion © a company @) END OF TEST | EINDE VAN ToETS TOTAL I TOTAAL = 35 MLAW 121 CLASS TEST 2- SEPTEMBER 2018 / MLAW121 KLASTOETS 2- SEPTEMBER 2018SakrokonaarsiCalculators = m reine ee None Anrwoordss! i= Roswer serps sorte a] mutates aor ee |) meee LO Attendanes slips (Fila paPe Fi conmiosoe! ] Rotwerkpepier! | Graph aaver: Serap paper b Kwalifkasia) B.Com 1 ae genes TeRToeTS/ SEMESTER TS Qualification: pe Assesses s Type of sessment : Tysecuut some “Modulehodet wait CRW Mekal a Module cove ENTREPRENEUR! ' . ygsVORWERES mak odutenestrwings —_ONDERNEM! : Modul oesepoon a re Date 092018 Exsaminatore¥ HL KA PELSERCARSTENS Eames) vee SANE : at yalTime; 800 ‘ALBERT V/ Venue / Plek: Moderators: scripts: GewoonOrdinary esSubmission of answer cre time /Leestya “Assessment Instructions | Inhandiging van antwoordskri : | Sus tattoo ce ene 1 Stuer wert oe Suter on on and oa phone accesses fetend maar ve DepeK | not imted to earpieces aS 2 Saget mas pul eBags in ont ofthe verue | 5 Suen ar suet to dena procedures shou |? meget Somat nme . : ssipinte prosedues possession (except during open book examinations) 5 Shawne ona mn st tet Segre serene | _gevind word (oop-oek eksar 7 ‘attempt to assist another student, or attempt | Seton woe orn medestent yt 199 Ped iano to obtain | eeportettnemnarsacemacess | tmertomay rte wigan 4. Serta som lone te ean en Se slegpng onde esa a EER Nec toogaat ome cbse feel vou ers an aur van die before half an hou of the examination session hi tee elapsed Na vereshments are alowed in the examination venue, tksamensesse ne ih | Serweearstmattnesestaneons! 16 emaerney ores fn te re so teegelat ne 5, Bele stcers leave the examination venue. answer 6. Geonbiadye mag ut ce anwoocboee sie Before dodo te elation verwjcer word ne 4. Theatendanc sip, wtich ls serves as an 1 TEESE Se ccm mines | * ircng oer NY earrtin . Sane sapimematbecepted arden | : De byronenstoke ery etsamemoomite rate | 6 Ay exam a ™ g, examination answers must be wien in black ob toning wae {A Sens ae ot alowed to wien penel or an leesghovers eranatle pen a. Mie Scanen anorde moetinboudlswetat | 49 Sr As aunen rvore neta _| 12 Suc me latina be mening ot State pode of pene waanan de sof gece atone us | Kanwors ne | 10. Student moet idl cle cers van atortings | | Lana ‘MLAW 121 SEMESTER TEST / SEMESTERTOETS - 2018a Afrikaans in Italics Ig : Engels vo! Enalish follows after Afrikaans in t# ics 10 Punte /Marks] SECTION Ay AFDELING A :20 Punte /Marks) vi £234 1/ Question 1 uestions: @) the following "D.Beantwoord die volgende vrae: / Answer fn ven ri jedefinieer? / How is ge die Suid Af ikaanse eg 9F w ae sake inootskap ingevolge Ct th Africar a «4? Verduidelik. / Does a partnership have sikh “TR Beskik h vennootskap oor regspers00n" @) legal oe ttetanakoming van ? geldige vennootskap in Suid vir die ‘vablishment of a valid partnership in South 3 Noem 3 (drie) vereiste oe a Afrika. / Name 3 (three) requirements Africa. “2 Beantwoord die volgende vae: | Answer the following questions @ oot van die besigheld 17 Technicians R Us" wat IT dienste I Sy word genader deur maatskappy X wie haar IT dienste be maatskappy is gewilig om haar direk vir haar diens te vergoed. / Cane ee ee oe and is 2 parner of ine business ‘IT Technicians R Us” which Frain FY caer 1 eben writen eB oppTHSIEG MPSOREEY, whiny Jane is n IT spesialis en is n vert @an besighede en individue voorsien. Beantwoord die volgende gebaseer op die voormelde feite verskaf: / Answer the following based on the facts provided: ‘Yi. Witter pg sop Jan, tenoor ie venneaskap, as venoot? / Which duty ress upon Jane, in relation tothe partnership, as a partner “Oo NW, Met verwysing na u antwoord in () hierbo, verduidelk wat sodanige plig inhou. / Wah chevence to your answer in () above, explain wat the duty entalls, (2) Sa Dui aan of elkeen van die volgende stellings Waar of Vals is: ! Indicate whether each of the following statements are True or False: (3) HN Konsensus, bedoeling en regsgeldigheid is vereistes vir die totstandkoming van 'n Geldige kontrak. / Consensus, intention and legality are requirements for the establishment of a valid contract. (t 342. Werklike magtiging bestaan waar magtiging toegeken word aan ‘n vennoot of agent om die vennootskap te bind. / Actual authority exists where authority is granted to the Partner or agent to bind the partnership. (1) “MLAW 121 SEMESTER TEST / SEMESTERTOETS - 2018sary gepleeg in sy ele A venn ou word vit nimi a ' se lk 9° ple for a (in ie naam van alee pases be held la cime conmiteg (1) inershiP) its own name (in the name ofthe Pat criteria afsonderlik en dui aan of so tel ki {Scceemgeeionte xan word. Redes of i motivering moet verskaf word virwantwoort 6) fet) A, B en c wn vemnonshaP 18 nee sate ena, 10 ag Seer ol ses 0 kontant te cn by te dra, maar wiley ____ aanspreekiikheid vir vennoots! Ta fe Fraktiseer eter aljare as i ening, steeds ouditeursdienste cae { A,B en wil vennote wees inn na-ure, vit Sy ee re oy Hy wil die reg benou om - bestaande kiente 1 2W™ ip rugby-klub wil 7 vennoolskapsooreenkce s n \ A en 30 (dertig) ander 'ede vat 7 aangaan i die doe! om rugby minder eons gemeenskappe te bevorde; Elkeen sal R50 000 tot die vennootskap bydra. Alle rugby-drag, vervoerkoste en afrigtingskoste van die spelers sal deur die vennootskap betaal word. Al die vennot. ivering en afigting van die spelers en o le jm die moti condemeem om betrokke te wees bY fondsinsamelingsprojekte te onderneem namens die vennootskap. a : jependently and indicate yf the under Mm ven set of Cl Evaluate each o entioned given $e ; whether these provisions can possibly be included in a partnership agroemont n for your answer mus ; Reasons or a motivatio' t be given. i 4.4.1 A, Band C want 10 establish @ partnership. A and B will partake in the day to day management of the business ‘thie C will not be part of the day to day busine: y activities. C wil contribute ‘2200 000 in cash {0 the partnership and his tiab 88 towards the creditors must then also be limited to R200 000. ilty 1.4.2 A, Band C want (0 be partners in an auditing firm. C has been practising as a for many years. He wants to retain the right to render auditing services to his eo tor clients, after hours, for his own account “ ing vrombers of @ rughy-olub want to conclude a ae 1.43 A and 30 (thity) other agreement with the purpose (0 promote rugby in disadvantaged communities. Eac partner wil contribute R50 000 (0 the partnership fund. All the rugby-wear, trans, en Pat es fhe er ile pai bythe partnership. Al the fated vil undertake to be involved with the training and motivation of the players and ai the partners will undertake fundraising projects on behalf of the partnership. (2) MLAW 121 SEMESTER TEST / SEMESTERTOETS - 2018Yedda 2/ Question 2 47 Punte / Marks) AFDELING B SECTION B (8 Punte /Marks) die stelling Waar of Vals lings, dui 39 1 In respect of each of Met igende ste! (vaidis. é is. Vent" hee eee ingien die an Seeds True or False. Provide a the following stasnens indicate whether tne St re is False “£28on for your answer if your answer maar die lede het nie adurende voortbestaan. tion enj ce 1h Beslote korporasie geniet VOOTt: cheid nie. | A close corporal vioys ie A beperkte aanspreeklikheid teoron go not have limited liabilty in respect of the mt Perpetual succession, but its me corporation. . sn Besiote Korporasie h afsonderiike eee is, kan AS gevolg van die fet dat '" BFE cexere omstancighede aanspreekiik gehou die lede van die Beslote Korpora”™ aye the fact that a Close Corporation ‘corpo Word vir die skuld van eee ‘ra Close Corporation can be liable for the is a separate legal person, a debts of the Close Corporation in certain insta Bs, ‘n Maatskappy mag hi lid van h Beslote Korporasie woes, 1A Company may be a laatskappy member of a Close Corporation. ‘h Maatskappy kan h aandeelnouer in h Beslote Korporasie wees. / A Company can atskappy be a shareholder in a Close Corporation. ag lede van in Beslote Korporasie wees. | Natuurlike persone en regspersone Mm: as Natural oe “and legal persons may be members of a Close Corporation, (Vibaa3 question (5) Kan Beslote Korporasies lenings aan sy lede toestaan en indien sodanige lenings wel toegestaan kan word, onder watter omstandighede? / Can Close Corporations provide loans to their members and if such loans may be extended, under which circumstances? Vraag 4/ Question 4 Omskryf volledig die ard van: >. ledebelang en lidmaatskap in 'n beslote korporasie. / Fully describe the nature of * membership interest and * membership in a close corporation. MLAW 121 SEMESTER TEST / SEMESTERTOETS - 201813 Punte ) IN Vraag §) io Bespr of a trust. ~ reek die regsaard van n vust / DISCUSS the legal nature of a trust regs: =< (3) inieer di C the concept ‘business trust” ie c itt | Define konsep "besighedst™ (4) Ne trust Noem en bespreek korttks die twee hoot tines 1ustroenet @ in Suid Afrika. / Nam, ngs in South Aca. © and bre describe te wo man peso HL OARS Vrata7 / Qu nt. | Lys 2 (twee) partye betrokke by fi trust © n verduidelk hul role met betrekking tot hy trust, st 2 (two) parties involved in & trust and explain thei roles in relation to a trust . parties np OF TEST / EINDE VAN TOETS TOTAL | TOTAAL = 59 “MLAW 121 SEMESTER TEST / SEMESTERTOETS - 2018