Company Law

Company Law

University - Professional Development

15 Qs

quiz-placeholder

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Company Law

Company Law

Assessment

Quiz

English, World Languages

University - Professional Development

Easy

Created by

Walther Suarez

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

1. The doctrine which advocates the fact that company cannot act beyond the scope of its memorandum of association is:

Doctrine of constructive notice

Doctrine of indoor management

  Doctrine of ultra vires

Doctrine of intra vires

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

2. The most important document of a company is

Annual Report

Balance Sheet

Prospectus

Memorandum of Association

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

4. Which one of the following is not the content of the Memorandum of Association?

Name clause

Registered office clause

Objects clause

Board of Directors clause

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The process of forming a company including where it becomes a legal entity is known as ______.

Incorporation

A franchise

Liquidity

Goodwill

5.

FILL IN THE BLANK QUESTION

30 sec • 5 pts

LIMITED LIABILITY MEANS LIABILITY OF A MEMBER IS LIMITED TO THE EXTENT OF NOMINAL VALUE OF ...............HELD BY HIM.

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The ..............'s report informed shareholders some irregularities found on the company accounts.

Liquidator

Proxy

shareholder

Auditor

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The court ordered the ________ to wind up (legally and formally close /end a company) before next December.

Liquidator

Proxy

shareholder

Auditor

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