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MAKERERE UNIVERSITY DEPARTMENT OF ADULT AND CONTINUING EDUCATION BUSINESS LAW II Name: Kisero Geoffrey Antony Reg No: 02/k/14308/ext - 20200160 COURSE: B.COM/EXT YEAR: THREE SEMESTER: TWO-2004/2005 Facilitator: M/s. ***************. Question: a) Distinguish btw ltd co. and other business Organizations b) Mr. Opio has learnt that you are studying B. law II at MUK. He desires to operate a business. Advice him on the most appropriate business organization, which he can operate and explain why. Submitted on the 2nd May 2005. A. Distinction between limited liability companies and other business organization A group of people may come together in order to pursue or promote a common purpose or activity but without going through the various legal procedures that ultimately result in the creation of a registered company. In such cases the association will not be a body corporate. The legal consequences of what those people do will depend on the provisions of the Act of Parliament and the general law governing the activities in question. If the provisions of...

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