1. Discuss the procedure on redemption of preference shares as provided in the provision of the Companies Act 2016. (30

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1. Discuss the procedure on redemption of preference shares as provided in the provision of the Companies Act 2016. (30

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1. Discuss the procedure on redemption of preference shares asprovided in the provision of the Companies Act 2016. (30 marks)
2. Elaborate the duties of a principal and agent. (30 marks)
3. Sale of Goods Act 1957 provides that a buyer must be cautiouswhen purchasing goods especially when there is implication on“implied condition as to quality or fitness” of the goods. However,there are also exceptions to this rule. Discuss the circumstancesof these exceptions under which a buyer can rely on to defend hisor her rights
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