WorksheetsArticle of Association
Total questions: 25
Worksheet time: 20mins
Name
Class
Date
1.
Articles of Association of a company contain the _______________ relating to the Management of its internal Affairs
a)
rules
b)
rules and regulation
c)
law
d)
rules and legal obligation
2.
AOA defines the rights, powers and duties of the Management
a)
True
b)
False
3.
The articles of a company must contain the following restrictions
a)
Restrict the right to transfer shares
b)
Limit the number of members to fifty
c)
both
4.
Is the nature of MOA and AOA different?
a)
Maybe
b)
Yes
c)
No
5.
Which best describes the contents : By-laws for carrying out the companies objects
a)
MOA
b)
AOA
c)
PROSPECTUS
6.
How are you feeling today (Draw an emoji)
7.
Which one is a supreme document?
a)
MOA
b)
AOA
8.
Which will file by Adopting Table A
a)
MOA
b)
AOA
9.
Which can be ratified?
a)
MOA
b)
AOA
10.
What is prospectus?
a)
A prospectus is thus any document which invites the public to provide funds to the company by law of deposits or subscriptions to its shares and debentures
b)
the inclusion or omission of a fact that is likely to mislead the public
c)
Charter of the company
11.
How many types of prospectus do you remember?
(a)
12.
Does investors care about prospectus?
a)
sure
b)
maybe not
c)
who knows
d)
I sure don't care
13.
Details of contracts must mentioned in prospectus. This statement is closely related to investors. Yes?
a)
Maybe
b)
Yes
c)
No
14.
If the minimum subscription is not received within 120 days of the issue of prospectus, the amt received on applications must be refunded to the applicants within 10 days.
a)
This stament is true
b)
This statement is false
15.
A prospectus is thus any document which invites the public to provide funds to the company by law of deposits or subscriptions to its shares and debentures
a)
This is minimum pay
b)
This is AOA
c)
This is MOA
d)
This is prospectus
16.
Red -herring Prospectus is
a)
It means a prospectus which does not contain full particulars on price of the securities offered and their number. It is issued by companies which raise capital through the book building process.
b)
It is a prospectus issued by public financial institutions like public sector bank and scheduled bank
17.
Shelf prospectus is
a)
It means a prospectus which does not contain full particulars on price of the securities offered and their number. It is issued by companies which raise capital through the book building process.
b)
It is a prospectus issued by public financial institutions like public sector bank and scheduled bank
18.
Minimum subscription is
a)
If the minimum subscription is not received within 120 days of the issue of prospectus, the amt received on applications must be refunded to the applicants within 10 days.
b)
A public company issue this to the Registrar of Companies
19.
____________ a prospectus which does not contain full particulars on price of the securities offered and their number. It is issued by companies which raise capital through the book building process.
a)
Shelf prospectus is
b)
Red -herring Prospectus is
20.
How many types of prospectus do you remember?
(a)
21.
What can you remember you have learnt in Topic 6?
(a)
22.
Red -herring Prospectus: It means a prospectus which does not contain full particulars on price of the securities offered and their number. It is issued by companies which raise capital through the book building process
a)
True
b)
False
23.
If the minimum subscription is not received within 120 days of the issue of prospectus, the amt received on applications must be refunded to the applicants within 10 days.
a)
the amt received on applications must be refunded to the applicants within 12 days
b)
the amt received on applications must be refunded to the applicants within 15 days
c)
the amt received on applications must be refunded to the applicants within 10 days
24.
If the minimum subscription is not received within 120 days of the issue of prospectus, the amt received on applications must be refunded to the applicants within 10 days.
a)
This stament is true
b)
This statement is false
25.
What is prospectus?
a)
A prospectus is thus any document which invites the public to provide funds to the company by law of deposits or subscriptions to its shares and debentures
b)
the inclusion or omission of a fact that is likely to mislead the public
c)
Charter of the company
100 %
