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6.2 Company Registration Quiz

Authored by Deeky Mvula

Financial Education

12th Grade

Used 1+ times

6.2 Company Registration Quiz
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in registering a company?

Choosing the company's name

Securing the registration form

Completing the registration process

Understanding promoters

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is required before registering a company's name?

Amending the articles of association

Entering into pre-incorporation contracts

Submitting certain documents

Obtaining name clearance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What information is collected in the company registration form?

All of the above

Company type (public or private)

Nature of business operations

Proposed business name

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are promoters in the context of company registration?

Individuals who audit company finances

Individuals who regulate company operations

Individuals who provide financial support to a company

Individuals who form a company for a specific purpose

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are promoters responsible for during the company formation process?

Both A and B

Acting with honesty and fairness throughout the process

Disclosing all material facts concerning the company's formation

None of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are pre-incorporation contracts?

Contracts entered into by promoters before the company is officially formed

Contracts entered into by customers of the company

Contracts entered into by directors during company operations

Contracts entered into by shareholders after the company is formed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can pre-incorporation contracts be ratified after company formation?

None of the above

Both A and B

Creating a new contract through novation

Formalizing a draft contract

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