Explain company limited by shares, Business Law and Ethics

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QUESTION 1

Discuss the implication of F.O.B as a special trade term in international sales contract

QUESTION 2

(a) Cliff is the sole director of ABC Construction Ltd, a private company incorporated in January 2009. Cliff now wishes to change the name of the company to ABC Government Construction Ltd. Furthermore, Cliff wishes to know what are the differences between ordinary and preference shares. Advise Cliff

(b) Explain briefly the following concepts

(i) Company limited by shares

(ii) Shares in lieu of dividends


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