SIM UOL students lip lais! - Part 8

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sky2012

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Anyone did LBO today? Did any of you guys do question 5 (separate corporate personality)? Seems like a new question. How would you advise the creditor John?

At first glance, i thought it was a minority shareholder question. But read it again then i know its seperate legal personality.anyway the way to answer it is the same as past year papers. Just need to include john name for the advice.nothing changed. BTW thats question 3 right, question 5 is incorporation of company..dude u dont scare me
 
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At first glance, i thought it was a minority shareholder question. But read it again then i know its seperate legal personality.anyway the way to answer it is the same as past year papers. Just need to include john name for the advice.nothing changed. BTW thats question 3 right, question 5 is incorporation of company..dude u dont scare me

Sorry my bad, you're right its question 3. I did 7,2,3,4... no question 5 in there lol. Yea I basically advised him not to pursue veil lifting on the grounds of agency or sham as he would be unlikely to succeed. The most viable option might be s.213 of the IA 1986, pursuing legal action under fraudulent mismanagement before liquidation
 
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zephyr

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Good luck for everyone taking fr tmr. Hopefully calc come out foreign exchange, hicks or cpp

Ahbo i die liao
 

quasixmodo

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They did not specifically give case studies and ask us to explain and all the question is really very general. Like how to solve hold-up problems..why firm have so many patents..advantages and disadvantages of backward compatibility..etc.

what questions did you do today?
 

sky2012

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Sorry my bad, you're right its question 3. I did 7,2,3,4... no question 5 in there lol. Yea I basically advised him not to pursue veil lifting on the grounds of agency or sham as he would be unlikely to succeed. The most viable option might be s.213 of the IA 1986, pursuing legal action under fraudulent mismanagement before liquidation

This year they give alot of stunts..prepared 4 essays in the end only hit 3 and half ...don't even know can hit 60 marks or not..i did Q5,7,3,8
 
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This year they give alot of stunts..prepared 4 essays in the end only hit 3 and half ...don't even know can hit 60 marks or not..i did Q5,7,3,8

I feel you man... I also prepared 4 essays. But only could use the first 2

1. Variation of Constitutional Documents
2. Minority Shareholder Protection
3. Director's Duties (exam was scenario based)
4. Separate Corporate Personality (exam was scenario based)
 

sky2012

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I feel you man... I also prepared 4 essays. But only could use the first 2

1. Variation of Constitutional Documents
2. Minority Shareholder Protection
3. Director's Duties (exam was scenario based)
4. Separate Corporate Personality (exam was scenario based)

Lol i prepared for incorporation of company, seperate legal entity,minority shareholder and termination of unregistered and registered business..only the minority shareholder they linked to insolvency damn it!!! If can get 60+ i happy liao..literally non-stop writing in the exam hall
 

yeowkwang

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Very noob question but still want to ask. For essay question, when they say they expect 3 pages answers meaning you guys leave a line blank when you write right? I have seen people with pages of essays with no blank lines in between
 

awayaway

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Very noob question but still want to ask. For essay question, when they say they expect 3 pages answers meaning you guys leave a line blank when you write right? I have seen people with pages of essays with no blank lines in between
Me lor. At most 3/4 page. My handwriting is small too. Then again, I don't have theory heavy mods

Sent from LGE LG-D802 using GAGT
 

awayaway

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Yes yes. there is this nmwc in the income statement for CPP. how to get?
Do the sofp first. Then use profit for the year from there to put right at the bottom of IS. Then work is from top to middle, and bottom to middle. After adding tax and dividend paid on top of profit calculated from sofp & the value from top after subtracting all expenses. You will get a difference. Positive value means gain negative value means lost.

Sent from LGE LG-D802 using GAGT
 
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