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Commerce Paper 2, May/June 2008  
Questions: 1 2 3 4 5 6 7 8 9 10 Main
General Comments
Strength
Weakness/Remedies










Question 1
Compare a Partnership and a Public united company as business units under the
following headings
(a) formation;
(b) ownership;
(c) raising of capital;
(d) liability;
(e) transfer of shares

_____________________________________________________________________________________________________

observation

This was well attempted except that some candidates failed to give the Deed of partnership as the main formation document.
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