COMPANY LAW

COMPANY LAW

University

20 Qs

quiz-placeholder

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COMPANY LAW

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Assessment

Quiz

Business

University

Medium

Created by

Keisha Muhangi

Used 3+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

What is a key characteristic of a limited company as depicted in the image?

Unlimited liability

Sole proprietorship

Separate legal entity

Partnership

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT a characteristic of limited companies?

Unlimited liability for directors

Perpetual succession

Ownership of property

Directors as agents

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the minimum number of directors required for a public limited company (plc)?

1 director

2 directors

3 directors

4 directors

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

According to the Companies Act 2006, what suffix must a public limited company use in its name?

Inc

LLC

plc

Ltd

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What does section 53 of the Companies Act 2006 state about company names?

They must be unique

They cannot be offensive or constitute an offence

They must include the owner's name

They must be in English

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

According to s.7 CA 2006, what is required for someone to subscribe their name to the Memorandum of Association?

At least two people agreeing to form a company

A single person with a business plan

One or more persons subscribing their names

A government official's approval

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the fee for registering a company online under s.7 CA 2006?

£12

£40

£50

£30

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