Question: Question Two (2) 125 Marks a) Discuss the report prepared by the auditor of a company in terms of The Company's Act. In your answer,

Question Two (2) 125 Marks a) Discuss the report prepared by

Question Two (2) 125 Marks a) Discuss the report prepared by the auditor of a company in terms of The Company's Act. In your answer, refer to the relevant section as well as case law. (10 Marks) Page 12 of 13 b) Fudge (P) Lit is a subsidiary of Chocolate Stores Limited. Caramel Sweets (Pty) La is indebted to Fudge (Pty) Ltd in the sum of NS 200 000. As a holding company Chocolate Stores Limited approaches you for advice, in that it wishes to recover the NS 200 000 owed to Fudge (Pty) Ltd. Set out your advice to Chocolate Stores (Pty) Ltd based on the scenario. You may refer to relevant case law. (15 Marks) Question Two (2) 125 Marks a) Discuss the report prepared by the auditor of a company in terms of The Company's Act. In your answer, refer to the relevant section as well as case law. (10 Marks) Page 12 of 13 b) Fudge (P) Lit is a subsidiary of Chocolate Stores Limited. Caramel Sweets (Pty) La is indebted to Fudge (Pty) Ltd in the sum of NS 200 000. As a holding company Chocolate Stores Limited approaches you for advice, in that it wishes to recover the NS 200 000 owed to Fudge (Pty) Ltd. Set out your advice to Chocolate Stores (Pty) Ltd based on the scenario. You may refer to relevant case law. (15 Marks)

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