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WorksheetsLegal English review
Total questions: 15
Worksheet time: 11mins
In order to establish a company, it is required to apply for ........... from govermental authority
legal documents
memorandum of association
certificate of incorporation
constitution of company
The duty of care is the duty of.............
directors
shareholders
companys
all above answers are correct
Shareholder is .......................
the owner of a limited liability company
the member of a partnership
the person being responsible for the day-to-day operation of the company
all above answers are incorrect
Official receiver is.......................
an officer of the court acting as a liquidator of a company being wound up by the court
a member of company being in charge of liquidation process
a person appointed by creditors to surveil liquidation process
all above answers are correct.
Which combination of words is/are correct?
declare a dividend
vote on a resolution
defer payment
exercise the right
Shares can be issued ............ - for a sum greater than their nominal value
par value
nominal value
at a premium
face value
The ................ of a share depends upon the profitability of the company and the sum of its assets.
nominal value
market value
par value
face value
If the company has insufficient assets to .................. its debts, creditors may decide to put the company into liquidation
discharge
realise
fulfill
exceed
............... is the person appointed by the company to examine the company's accounts and report to the ........ annually on the accounts
secretary/director
auditor/director
secreatary/manager
auditor/shareholders
A ................... is a person or body owned money by a company
debtor
creditor
director
manager
The synonym of "pro-rata distribution" is .......
additional
proportional
distributive
none of above answer is correct
In a Limited partnership, a ............. bears the risk for the firm's debts, while .............. has restricted liability
general partner/ limited partner
general partner/ sleeping partner
specified partner / limited partner
all above answers are correct
"Hợp đồng lao động" is translated into English as........
employment contract
labour contract
both are correct
neither is correct
.............. dismissal is the situation when an employee is fired when she becomes pregnant.
redundancy
discriminatory
compulsory
normal
An amount of money paid to employee when he/she can not work because of illness
sickness payment
sick payment
sick pay
sick entitlement
