solution

1. How does the law generally view
   corporations? List any exceptions.

(4
marks)

1. What is a Shareholders’ Agreement and why is it
   important as per the

long term sustainability
of a business? (3 marks)

3 Differentiate between the following employment law
concepts: (a) termination for cause (b) wrongful
dismissal (c) constructive dismissal (6
marks)

4 What is a “notice period” and how is it typically
calculated? (2 marks)

5 Choose THREE (3) of the following business torts,
describe them as to their legal element and indicate how a business
owner might be potentially impacted by them (12
marks):

(a) trespass (b) passing off (c) defamation

(d) commercial (or social) host liability (e) occupier’s
liability