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Forms of Business Enterprise - FBE2604

Diploma Semester module NQF level: 6 Credits: 12
Module presented in English
Recommendation: Should be taken together with or follow on SCL1501 and ILW1501
Purpose: This module introduces students to the different forms of South African enterprises for the first time. The principal aim of this module is to convey a basic understanding of South African Entrepreneurial Law. The module imparts general background knowledge of the main characteristics and basic operations within partnership, companies, close corporations, business trusts and co-operatives within South Africa. Furthermore, it introduces the regulatory framework around which these forms of enterprises are set. This module will be useful to students who will be employed as paralegals at community based organisations to give legal advice on an informal basis or to assist attorneys with legal work. Students credited with this module should be able to advise others wishing to start their own business which form of enterprise would best suit the needs of the specific business, indicating some of the pertinent advantages and disadvantages associated with such forms of enterprise.