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Candidates answer two questions from Section A, two from Section B, and one from Section C within the stated time, with marks allocated per sub-question. Topics include contract concepts, invitation to treat versus offer, hire purchase enforceability, protected goods recovery, company incorporation and effects, lifting the corporate veil, registrar inspection powers, and company winding up. It also addresses partnership change and fiduciary duties.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/may-2011-examinations-professional-paper-23-business-corporate-law-part-2/638572/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/may-2011-examinations-professional-paper-23-business-corporate-law-part-2/638572.png","ImageObject",300,407,{"name":92,"@type":93},"Connor ","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-04","2026-10-22",true,{"@type":102,"interactionType":103,"userInteractionCount":14},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What rules govern how many questions must be answered in this examination paper?","Question",{"text":112,"@type":113},"Candidates must answer two questions from Section A, two questions from Section B, and one question from Section C.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"Which core topics in contract law are tested in Section A Question 1?",{"text":117,"@type":113},"Distinctions are required for condition vs warranty, representation vs term, invitation to treat vs offer, and past consideration vs executory consideration, plus a discussion of legal issues in an event-related dispute.",{"name":119,"@type":110,"acceptedAnswer":120},"What subjects in company law and partnership law are covered in Section B and Section C?",{"text":121,"@type":113},"Section B includes company incorporation procedures, effects, lifting the corporate veil, registrar inspection powers, and official winding up. 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 \n(6 marks)(Total:20 marks)  \n## QUESTION 3\n\n(a)  What requirements must be met before a hire purchase agreement becomes enforceable?(10 marks)  \n(b)  What are“protected goods”?How are they recovered by an owner or seller and what arethe consequences for not conforming to that mode of recovery?(10 marks)  \n(Total:20 marks)  \nSECTION B:  \n# Answer two (2)questions from this section\n\n## QUESTION4\n\n(a)  List the procedures for incorporation and explain the effects of incorporation.  \n(10 marks)  \n(b)  Explain ^lifing the veil ofincorporation'and give two(2)circumstances under which theveil may be lifted or pierced.(10 marks)  \n(Total:20 marks)  \n## QUESTION 5\n\nOn what grounds may the Registrar,by a written order,call on any company to produce for hisinspection all or any of the books of the company?  \n20marks  \n## QUESTION 6\n\n(a)  How may the official winding up of a company be commenced other than by a petition tothe court?(6marks)  \n(b)  Who are entitled to present a petition to the court for the official winding up of acompany?(4 marks)  \n(c)  On what grounds may the court order the official winding up of the company?  \n(10 marks)  \n(Total:20 mark)  \nSECTION C:  \n# Answer one(1)question from this section\n\n## QUESTION 7\n\n(a)  Apart from an application by a partner to the court,in what other instances shall a partnercease to be a partner in a firm?(8 marks)  \n(b)  On what grounds may a court order that any partner ceases to be a partner in the firm onapplication by a partner to the court?(12 marks)  \n(Total:20 marks)  \n## QUESTION8\n\n(a)  Describe the nature of the partnership firm from the date of registration.  \n(8 marks)  \n(b)Explain the implications of a partner's fiduciary duty to the firm and other partners.  \n(12 marks)  \n(Total:20 marks)","cbCaiclhA9jAIbhB","https://ap.wps.com/l/cbCaiclhA9jAIbhB","pdf",1540203,"English","# SECTION A\n## QUESTION 1\n## Question 2\n## QUESTION 3\n# SECTION B\n## QUESTION4\n## QUESTION 5\n## QUESTION 6\n# SECTION C\n## QUESTION 7\n## QUESTION8","[{\"question\":\"What rules govern how many questions must be answered in this examination paper?\",\"answer\":\"Candidates must answer two questions from Section A, two questions from Section B, and one question from Section C.\"},{\"question\":\"Which core topics in contract law are tested in Section A Question 1?\",\"answer\":\"Distinctions are required for condition vs warranty, representation vs term, invitation to treat vs offer, and past consideration vs executory consideration, plus a discussion of legal issues in an event-related dispute.\"},{\"question\":\"What subjects in company law and partnership law are covered in Section B and Section C?\",\"answer\":\"Section B includes company incorporation procedures, effects, lifting the corporate veil, registrar inspection powers, and official winding up. Section C covers when a partner ceases to be a partner and the partnership firm’s nature after registration, including fiduciary duties.\"}]","MAY 2011 EXAMINATIONS(PROFESSIONAL) - Paper 2.3 - BUSINESS &CORPORATE LAW (Part 2) | PDF",1792688370]