MRL2601 Assignment 1 Semester 1 2026 – DUE 6 March 2026 [COMPLETE QUESTIONS AND ANSWERS] ;100% Correct solutions and explanations.

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MRL2601 Assignment 1 Semester 1 2026 – DUE 6 March 2026 [COMPLETE QUESTIONS AND ANSWERS] ;100% Correct solutions and explanations.Question 1 1.1 Ben is a young aviation specialist who is passionate about aircraft and aviation law. In his professional pursuits, he has decided to establish a company or form a partnership with a colleague that would enhance the global aspect of aviation within the area of corporate law. Ben decides to approach you for advice about a partnership and a company. Advise Ben on the difference between a partnership and a company. (10) Question 2 2.1 Mandla approaches you for advice on the legal nature of a trust. Briefly explain to Mandla the legal nature of a trust. (5) 2.2 Mandla has decided to create a trust. Briefly explain to Tsepho the legal position of a founder in a trust. (5) TOTAL: 20