The question (10 marks)
Who is a promoter? Discuss his legal position and the duties he owes to the company, with reference to decided cases. (10 marks)
MU Module 1, promoters.
Plan your answer on paper before you look at the authorities — issue first, then the rule, then apply it to these facts.
It tests Unit 1 · Incorporation, Prospectus and Securities of Company Law.
Authorities you will need
How an answer is marked
A full-marks answer names the issue in one line, states the rule with its section, cites the authority, applies it to these facts and concludes — in that order. The app's model answer for this question is written in exactly that shape, with a checklist to mark your own attempt against.