WorksheetsPOM2303 Chapter 1 : COMPANY
Total questions: 20
Worksheet time: 14mins
Below are the effect of incorporation EXCEPT ___________
It may sue and be sued in its own name
It has intermittent succession
Below is one of the classes of companies EXCEPT ____________
Foreign Companies
Trader Companies
The principle of company; a company is a person ______________
separate from its members and the directors
separate from its shareholders, building and land
The exception to the company principle is know as:
Lifting the corporate veil
lifting the corporate voice
choose any two of the exceptions to the company principles;
Special Exception
& Justice Exception
Statutory Exception & Judiciary
What are the two types of company?
Statutory company & Registered company
Special Company & Regulation company
Restrict the rights to transfer its shares, not more than 50 members and has the word Sdn. Bhd.
Public Company
Private Company
May offer shares and debentures to the public, May be listed or unlisted in Bursa Malaysia
Public Company
Private Company
The three Classes of Company are:
company limited by shares, limited by gratuity, and unlimited company
company limited by shares, limited by guarantee, and unlimited company
Once this company shares/guarantee are fully paid up, there is no further liability.
Unlimited company
Limited company
Which below is one of the 5 classes of companies?
Investment companies
Evolving companies
This class of company not formed for carrying on business Activities.
Corporation
Societies
In the formation of the company, it shall have ;
A name, one or more directors and members, one or more shares
A name, one or more business and partner, one or more shares
The affairs of a limited company are governed by
M&A
MOA
It regulates the external affairs of a company
MOA
AOA
19. One of the procedures of forming a company includes ____________
Lodging the M&A
Lodging the AIA
If the company has no constitution _____________
The company, directors and members shall has the rights according to the company act
The company, directors and members shall has the rights according to the MOA
18. AOA prescribes which internal regulations for a company below?
Sales
Winding up
A company that has the word 'Koperasi' & 'Berhad' falls into which class?
Societies
Co-operative Societies
Members are responsible for all the liabilities of the company, this refers to ________
Unlimited company
Limited company
