Discuss the differences between a public and a private limited company when it comes to selling shares. Explain what rights are attached to the ownership of shares when becoming a shareholder. Elaborate on the procedure that must be followed for distribution of dividends

Business Law

Answer the following questions in detail. Give definitions of the key terms with in-text references in Harvard style.

Ques 1) In relation to company law:
a) Discuss the differences between a public and a private limited company when it comes to
selling shares (10 marks)
b) Explain what rights are attached to the ownership of shares when becoming a shareholder
(10 marks)
c) Elaborate on the procedure that must be followed for distribution of dividends (5 marks)

Ques 2) With respect to Employment Law and termination of employment:
a) Discuss how a contract of employment may be terminated. (15 marks)
b) Explain the difference between wrongful dismissal and unfair dismissal. (10 marks)