WorksheetsPrawo Gospodarcze - Quiz
Total questions: 44
Worksheet time: 22mins
What legal form should be adopted to sell a business?
written form with notarized signatures
notarial deed
written form
oral form
In a public company, the supervisory board consists of at least
1 member
3 members
5 members
the law does not regulate this
When can a joint-stock company start its operational activities?
after financing all shares by the shareholders
after receiving a tax identification number (NIP)
after signing the statute in the form of a notarial deed
after registration in the court
What is the minimum nominal value of shares in a limited liability company?
50zl
100zl
1zl
1gr
Mr. T has 1000 shares of corporation X with a nominal value of 10 PLN each and a market value of 50 PLN each. The shares have been paid for. He then sold them to Mr. Z for 8000 PLN. What is the consequence of such a sale?
the sale is invalid
the sale is valid
the sale is valid, but Mr. Z owes the company 2000 PLN
the sale is valid, but Mr. T owes the company 2000 PLN
Shareholder X owns 10% of the shares of the corporation X-Com, all of which are privileged in terms of dividends, so they exceed the normal dividend by half. No one else holds privileged shares in terms of dividends. If the total dividend of the corporation this year amounts to 105,000 PLN, then Mr. X will receive
10,500 PLN
15,000 PLN
20,000 PLN
10,000 PLN
Pan X, Pan Y and Pan Z want to establish a European company. What minimum capital do they need to raise?
100,000 PLN
500,000 PLN
100,000 EUR
120,000 EUR
Criminal compensation in Polish legal order
Does not exist, but may be recognized if granted in a foreign judgment
Exists, but is rarely granted
Exists and is often granted
Does not exist and cannot be recognized if granted in a foreign judgment
A member of the board in a joint-stock company is legally obliged to
Follow the instructions of the General Meeting
Is not legally obliged to follow any instructions
Follow the instructions of the supervisory board
Follow the instructions of the shareholders who elected him in the elections
What type of legal system is in effect in the United States?
Civil law
Religious law
Common law
Common law
Granting a power of attorney is
Only possible if the law provides for it
Can only be granted by a natural person
Agreement
Unilateral legal act
Mr. X, Mr. Y, and Mr. Z run a law firm in the form of a professional partnership. Mr. X does not perform his professional duties and causes damage to a client. Who will be liable for the damage?
There is no liability for damages caused during the performance of professional duties
The law firm
Mr. X, Mr. Y, and Ms. Z
Mr. X
Mr. Y and Mrs. R want to establish a limited partnership, in which their limited liability company will be the general partner. What is the advantage of such a structure?
The new company will be exempt from VAT
Mr. Y and Mrs. R will not be liable for the debts of this new company
The costs of operating such a structure are the lowest
This type of structure cannot go bankrupt
Corporation X has a share capital of 1,000,000 PLN and a reserve capital of 100,000 PLN. The profit for the financial year 2019 amounted to 200,000 PLN. How much money must be transferred to the reserve capital?
0 PLN
16,000 PLN
30,000 PLN
100,000 PLN
Which of the following does not exist as a separate legal entity (legal person) from its members?
Limited liability company
Professional partnership
Civil partnership
Registered partnership
A shareholder of a limited liability company can file a complaint for the annulment of a resolution of the general meeting that is contrary to the law within:
One month from its adoption
One month from its knowledge
Six months from its adoption
Six months from its knowledge
Which of the following is not a source of law in Poland?
Directives of the European Union
Decisions of the courts
International agreements
Statutory law
A foreigner can conduct business activities in Poland without registering a business
If the operational activity is production
If the activity is a temporary provision of services
If they are from outside the European Union
If it is a capital company
Which of the sources of European Union law has direct effect in all member states?
Regulation
Decision
Decree
Directive
Several people want to start a company. They are hesitating between a limited liability company and a joint-stock company. The most important factor for them is that the management is not liable for the company's debts. Therefore, they should choose:
(a)
What legal form should a company choose so that the management does not bear responsibility for the company's debts?
Limited liability company
Joint-stock company
It does not matter, as the management does not bear responsibility in any of them
It does not matter, as the management bears unlimited responsibility in any of them
Which legal act is useful for determining the law applicable to a legal relationship?
Vienna Convention
Rome I Regulation
Brussels I Regulation
Civil Procedure Code
Which of the following results in a binding decision by a third party?
Arbitration
Mediation
Consolidation
Negotiations
According to the New York Convention of 1958, an arbitration agreement
Must be in writing
The Convention does not mention the form
Can be made in writing or by exchange of telegrams
Includes modern means of communication
According to the Vienna Convention on International Sales of Goods, if an irrevocable offer is rejected
The offer is terminated
A counterproposal is made
The parties automatically proceed to negotiations
Nothing happens
Acceptance of an offer with changes is
Counterproposal
Conditional offer
Unilateral offer
Not possible, as it violates the principle of fairness
Trade name of a registered partnership
Must have at least 5 characters
Consists of the names of the partners
Can be any name the partners want
Must be sufficiently different from competitors
What powers cannot a commercial proxy have (2 correct)?
Sign contracts outside of their jurisdiction
Manage the enterprise
Enter into contracts worth more than 250,000 PLN
Be transferred to another person
Which of the following must be a natural person?
Consumer
Shareholder
Company
Contractor
The prohibition of competitive activity in a limited liability company concerns
Every member of the management board
Every member of the management board and the supervisory board
Every member of the management board, supervisory board, and every shareholder
Does not concern anyone
A legal entity can be a member of the following governing body of a limited liability company
Management Board
Supervisory Board
General Meeting
Special drawing rights are
A virtual currency managed by the International Monetary Fund
The rights of the sender under the CMR Convention to retain goods until payment is made
The carrier's right to retain goods until payment is made
Dismissal of an employee from the position of a board member in a limited liability company
Automatically results in termination of the employment contract
Does not affect the employment contract
The employee cannot be dismissed from the board
Which partnership has a share capital?
Professional partnership
Joint-stock company
Registered partnership
Limited partnership
When a corporation's shares are publicly traded, it is called
Joint-stock company
Public company
Market firm
Good government practices assume:
Peace and order
Disclosure and transparency
Democratic nature
Willingness to admit mistakes
A person holding a commercial power of attorney cannot act on behalf of the entrepreneur to
File a lawsuit in court
Sell the enterprise
Exceed ordinary management
Sell goods produced by the entrepreneur
The CMR Convention regulates transport by:
Rail
Sea
Road
In the case of transnational non-contractual obligations, the parties
May, with certain exceptions, choose the applicable law
Can never choose the applicable law
Can only choose the applicable law in exceptional circumstances
Free on board (FOB) with incoterm refers to:
Land transport
Sea transport
Air transport
Land and sea transport
According to Incoterms, in the case of EXW (Ex Works)
There are minimal obligations for the seller
There are maximum obligations for the buyer
The obligations of the parties are similar
The Vienna Convention on International Sales of Goods was developed by:
UNCITRAL
UNIDROIT
International Chamber of Commerce
United States
The law regulating contractual obligations in the EU is governed by a regulation called:
Brussels I
Rome I
Rome II
Which of the following does not exist as a separate legal entity from its members?
Civil partnership
Registered partnership
Professional partnership
Limited liability company
