Tag (SQ): Legal Concepts

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  • 20 Marks

BCL – L1 – Q58 – Alternative forms and constitutions of business organisations

Explain legal distinctions between sole proprietorship, partnerships, and companies.

(a). Explain the legal distinctions between a sole proprietorship, partnerships, and companies.

(b). Describe the types of companies under the Companies Act 2019 (Act 992).

(c). Explain the effect of separate legal personality and the veil of incorporation of companies.

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