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MooC_Quiz

Total questions: 5

Worksheet time: 2mins

Name
Class
Date
1.

Which is not a characteristics of a company?

a)

Legal personality

b)

Limited liability

c)

Perpetual succession

d)

No common seal

2.

Minimum number of members required to form a public listed company are

a)

1

b)

5

c)

7

d)

3

3.

Below are directors duties EXCEPT?

a)

Duty to monitor

b)

Fiduciary duties

c)

Duties of Care, SKill and diligence

d)

other statutory duty

4.

Minimum member required for a Private Company

a)

2

b)

5

c)

10

d)

15

5.

The term perpetual succession mean

a)

Going to be die

b)

Never dies

c)

Member operated only

d)

Separate property