Description
LAW OF OTHER BUSINESS ASSOCIATIONS
Question One
- Explain five (5) differences between a partnership and a limited liability company.
(10 marks)
- Describe five (5) legal principles for determining whether or not a person is a partner in a certain
| firm. | (10 marks) | |
| c) | Outline five (5) co-operative principles. | (5 marks) |
Question Two
- Explain five (5) rights of a partner in a partnership relationship. (5 marks)
- Outline ten (10) items that must be contained in the by-laws of a Co-operative Society in Kenya. (10 marks)
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