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Minority Shareholder

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

In Case Study: Can Mr. A sue the company or not?

a)

Yes

b)

No

2.

In Case Study: Violations of the company belong to which group of rights of Minority shareholders?

a)

Property rights

b)

Corporate governance rights

c)

Information rights

d)

Remedy rights

3.

The responsibilities of the company's executives under Article___ of the Vietnam Enterprise Law 2020

a)

163

b)

159

c)

164

d)

165

4.

According to the Enterprise Law 2020: Shareholders or groups of shareholders holding at least ___ of the total number of ordinary shares have the right on their own behalf or on behalf of the company, to sue a member of the Board of members or the Director/General Director Director if a member or Director/General Director claims damages?

a)

5%

b)

1%

c)

3%

d)

10%

5.

Minority Shareholders have the right to request invalidation of a resolution of the GMS

a)

TRUE

b)

FALSE

6.

According to the law, Minority Shareholders as well as other shareholders have different property rights.

a)

TRUE

b)

FALSE

7.

Minority shareholders can be understood as shareholders who own a small percentage of shares in a company. So, how many % of shares do Shareholders have to be considered as Minority Shareholders?

a)

1%

b)

5%

c)

10%

d)

No answers.

There are no exact numbers.

8.

What rights does the property rights group of minority shareholders have?

A, Right to receive dividends, Right to freely transfer shares,  Preemptive right to purchase new shares in proportion to the percentage of common stock ownership.

B, Right to receive dividends, Right to freely transfer shares,  Preemptive right to purchase new shares in proportion to the percentage of common stock ownership, Right to receive part of assets when the company is dissolved or bankrupt, Right to request the company to repurchase shares.

C, Right to receive dividends, Right to freely transfer shares.

D, Right to receive dividends, Right to freely transfer shares, Right to request the company to repurchase shares.

a)

A

b)

B

c)

C

d)

D

9.

According to clause 3 of Article 115: The shareholders or group of shareholders that holds at least ___ of the ordinary shares (or a smaller ratio specified in the company's charter) is entitled to demand a GMS be convened

a)

1%

b)

5%

c)

10%

d)

other answer

10.

According to clause 5 of Article 115: Unless otherwise prescribed by the company's charter, the shareholders or group of shareholders that holds at least ___ of the ordinary shares (or a smaller ratio specified in the company's charter) is entitled to nominate candidates for the Board of Directors and the Board of Controllers

a)

1%

b)

5%

c)

10%

d)

other answer