Subjects of Civil Law

A division of a legal entity which does ALL THE FUNCTIONS of the entity is....

• Company

• Branch

• Representative office

• CEO

Do we have to indicate the form of the legal entity in the name of the company?

• No

• Yes, with the permission

• Yes

• No, with the permission

When does the legal capacity of a legal entity arise?

• when founders want

• from the moment of state registration

• when the company opens the office

• when everything checked

What is the right order (priority) of payments to creditors upon liquidation?

• state funds, health, other payments, salary

• salary, state funds,health, other payments

• health, state funds, salary, other payments

• health, salary, state funds, other payments

Which company can sell its shares to public?

• Trust partnership

• Limited liabiliy company

• Joint stock company

• Farming enterprise

A+B=C what type of reorganization is it?

• Merger (alliance)

• Consolidation (joining)

• Dissolution (division)

• Reorganization

Who is not responsible for his debts by his property?

• individual entrepreneur

• self employed person

• the founder of joint stock company