** ANSWER QUESTION 3 ONLY**

1. Compare and contrast dictatorial and democratic form of governance in terms of leadership, participation of people, and feedbacking. (10 marks) 2. By the doctrine of limited liability, cite a scenario under the corporate governance set up. (10 marks) 3. Under the Companies Act or Corporation Code, the audit function is being emphasized, which type of audit the Code is referring to? Explain. (5 marks) 000 GOOD LUCK 0000 Rubrics Content (4/2) Organization (3/1.5) Development (2/1) Use of Language (1/ 0.5) Uses technical or scientific terminology Answer is appropriate to the question. Content is factually correct. appropriately and Clear sense of order. Develops each point Begins with a thesis orwith may specific topic sentence. details. Supporting points are Answers question presented in a logical completely. progression. correctly. No major grammatical or spelling errors. Answer is Each point supported with some details and evidence. appropriate to the question. Content may have one or two factual errors. May lack a thesis sentence, but points sentence, but points are presented in a logical progression. Accurate word choice. No more than 2 major errors and a few minor errors. All important points included. Content relates peripherally to the question; contains significant factual errors. Logic of argument is Sparse details or minimally perceivable. evidence. Question Points presented in a only partially seemingly random answered. fashion, but all support argument. Ordinary word choice; use of scientific terminology avoided. Some serious errors (but they don't impair communication). Content unrelated to Lacks clear question. organizational plan. Reader is confused. Limited vocabulary; errors impair communication. Statements are unsupported by any detail or explanation. Repetitious, incoherent, illogical development