QUESTION ONE

$[30]$

A multi$-$billionaire businessman is opening up a Tech company in South Africa. You will be one of the shareholders at this company.

You are required to draft a comprehensive shareholders agreement.

Please note:

Your answer should not exceed three $(3)$ typed pages.

Use arial font, size $11,$ with $1\mathrm{.}5$ line spacing.

QUESTION TWO

$[10]$

Discuss a director's duty to act with care, skill and diligence while running a company. Refer to relevant case law and legislation in your answer.

QUESTION THREE

$[30]$

You have been appointed as a legal advisor to the Minister of Small Business Development in South Africa.

Write a letter to the Minister, in which you set out the current state of small business development; the laws and policies influencing small business development; and recommendations to improve small business development from a legislative viewpoint.