REVISION FOR TEST ABBL3044

How many types of company available in Malaysia?

• 1

• 2

• 3

• 4

What is principle in the case of Salomon v Salomon

• Lifting the veil of incorporation

• Company law

• Separate legal entity

• Common law

Based on below, which one is not limited liability in the company?

• Unlimited liability

• Liability by share

• Liability by guarantee

• Liability by charge

Can registar refuse to register the name of the company?

• Yes

• No

What is NOT the reason for registrar to refuse the company name?

• The name contained rude word

• The name is similar to ones that already exist

• The name had been rejected by the Minister

• The name contained english word

What is constitution in company?

• Document that states do and don't for the company

• Document that states restriction for the company

• Document that list down the power of company

• Document that is higher than Companies Act 2016

Does every company required to has constitution?

• Only company limited by share must has constitution

• Only company limited by guarantee must has constitution

• Only unlimited company must has constitution

• Only company limited by share and unlimited company must has constitution

How many methods does company has in raising its capital?

• 3

• 4

• 5

• 6

What are the method in raising capital in the company?

• Direct invitation, indirect invitation, private placement and restricted invitation.

• Direct invitation, indirect invitation, and restricted invitation.

• Direct invitation, indirect invitation, public placement and restricted invitation.

• Direct invitation, indirect invitation, private placement and open invitation.

What is the meaning of share capital?

• Money contributed from the company to the public

• Money contributed from the bank to the company

• Money contributed from the public to the company

• Money contributed from the company to the shareholder