The King IV report lists five (5) general principles of good corporate governance. In your opinion, which is the most important of these principles? Provide a brief explanation of this principle (using your own words) and give an example.
What are the requirements to be met if a company wishes to provide financial assistance for the purchase of its own shares?
List the rules that govern payments to members of a Close Corporation.
Why would a company enter into a pre-incorporation contract? Give an example. (5 marks)
Explain the concept state fully and say why the agreement by citizens in this regard is said to be deemed
Mr. and Mrs. Abrofusem stayed at East Legon in Accra. They entered into a written agreement in which Mr. Abrofusem was to pay for the rent of their house, school fees for the children, and all other outgoings on the house such as electricity and water. Mrs. Abrofusem was foot the food bill, including clothing for the children. Mr. Abrofusem has divorced Mrs. Abrofusem, and has since failed to pay for the children’s school fees. Mrs. Abrofusem wants to take legal action against Mr. Abrofusem. Advise both parties.
Kwame is a boy aged 16 years. He goes into Accra Mall to buy a ghetto blaster, two shirts, two tins of Nido, Ideal milk, sugar and bread. He did not have enough money to pay cash for all the goods so he entered into an agreement with Accra Mall to pay by instalment. Kwame soon fell into arrears and they entered into a new agreement under which Kwame was to work for Accra Mall for a year without pay. Accra Mall agreed that after that Kwame was no longer to be bound to pay the instalment. Is Kwame liable under any agreements, he entered into with Accra Mall?
Can the government hospital refuse the provision of the documents, if yes under which law? Please explain the answer with reasons
Fill in the missing words in the sentence below
1. The matrimonial property system which provides that the spouses are married out of community of property and out of community of profit and loss with exclusion of the accrual system is called ____________________ (four words) .