Quiz 3 Corporate Law

1.  The principle of ‘separate legal personality’ is a statutory and common law concept.

• True

• False

2.  FTSE 100’ stands for ‘Fiscal Term Stock Exchange 100’

• True

• False

3.  Corporate Law is a subsection of Commercial Law.

• True

• false

4. 4.  The formal process of recognising of a company as a business is known as

• Liquidation

• Incorporation

• Administration

• Qualification

5.  Company directors owe certain statutory duties to their companies.

• true

• false