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Legal English review

Total questions: 15

Worksheet time: 11mins

Name
Class
Date
1.

In order to establish a company, it is required to apply for ........... from govermental authority

a)

legal documents

b)

memorandum of association

c)

certificate of incorporation

d)

constitution of company

2.

The duty of care is the duty of.............

a)

directors

b)

shareholders

c)

companys

d)

all above answers are correct

3.

Shareholder is .......................

a)

the owner of a limited liability company

b)

the member of a partnership

c)

the person being responsible for the day-to-day operation of the company

d)

all above answers are incorrect

4.

Official receiver is.......................

a)

an officer of the court acting as a liquidator of a company being wound up by the court

b)

a member of company being in charge of liquidation process

c)

a person appointed by creditors to surveil liquidation process

d)

all above answers are correct.

5.

Which combination of words is/are correct?

a)

declare a dividend

b)

vote on a resolution

c)

defer payment

d)

exercise the right

6.

Shares can be issued ............ - for a sum greater than their nominal value

a)

par value

b)

nominal value

c)

at a premium

d)

face value

7.

The ................ of a share depends upon the profitability of the company and the sum of its assets.

a)

nominal value

b)

market value

c)

par value

d)

face value

8.

If the company has insufficient assets to .................. its debts, creditors may decide to put the company into liquidation

a)

discharge

b)

realise

c)

fulfill

d)

exceed

9.

............... is the person appointed by the company to examine the company's accounts and report to the ........ annually on the accounts

a)

secretary/director

b)

auditor/director

c)

secreatary/manager

d)

auditor/shareholders

10.

A ................... is a person or body owned money by a company

a)

debtor

b)

creditor

c)

director

d)

manager

11.

The synonym of "pro-rata distribution" is .......

a)

additional

b)

proportional

c)

distributive

d)

none of above answer is correct

12.

In a Limited partnership, a ............. bears the risk for the firm's debts, while .............. has restricted liability

a)

general partner/ limited partner

b)

general partner/ sleeping partner

c)

specified partner / limited partner

d)

all above answers are correct

13.

"Hợp đồng lao động" is translated into English as........

a)

employment contract

b)

labour contract

c)

both are correct

d)

neither is correct

14.

.............. dismissal is the situation when an employee is fired when she becomes pregnant.

a)

redundancy

b)

discriminatory

c)

compulsory

d)

normal

15.

An amount of money paid to employee when he/she can not work because of illness

a)

sickness payment

b)

sick payment

c)

sick pay

d)

sick entitlement