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WorksheetsCHAPTER 2 COMPANY LAW
Total questions: 10
Worksheet time: 5mins
Which of the following is FALSE statement?
Company can sue and sued by its own name
Liability of members up to company's debt
Company is perpetual succession
Company can acquire, own and dispose property
Company was governed by _______________
Company Act 1965
Company Act 1956
Company Act 2015
Company Act 2016
Which case define separate legal entity concept
Salomon v Salomon & Co Ltd
Gilford Motor V Horne
Jones V Lipman
Continental Tyre Ltd V Daimler
The following is NOT TRUE about Private Company
Cannot invite public to subscribe share
2-50 members
Can invite public to subscribe share
Anual General Meetiing is an option
Which of the following NOT the requirement needed for registration of company.
Nature of business
Proposed registered address
Status of private or public company
Home address
Separate legal entities are also known as______________________________
Members of company will be liable for mismanagement of company
Members of company and the company are both liable for mismanagement of company.
The company and members of company are legally separated from one another.
Director will solely be liable for mismanagement of the company
Which of the following case describe company has continuity of life?
Foss V Harbottle
Re Noel Tedmen Holding Ltd
Gilford Motor V Horne
Jones V Lipman
Director of company shall be liable to pay the company's worker EPF if the Company does not make any payment
True
False
Mere sham is one of the factor that court will lift up the corporate veil to look into the wrongdoer behind the case
True
False
Company should ENFORCE transaction even with company character during the war. Even the government policy against doing business with enemy company.
True
False
