筛选结果 共找出27

Explain whether Doc can pursue Ed personally for the debts of Ed Ltd

whether the courts will lift the veil of incorporation to allow Doc to sue Fitt for breach of his employment contract

Which two of the following statements are true? A private company… 

A

 Is defined as any company that is not a public company 

B

 Sells its shares on the junior stock market known as the Alternative Investment Market and on the Stock Exchange 

C

Must have at least one director with unlimited liability 

D

 Is a significant form of business organisation in areas of the economy that do not require large amounts of capital 

 Which two of the following are correct? A public company or plc … 

A

 Is defined as any company which is not a private company 

B

 Has a legal personality that is separate from its members or owners 

C

 Must have at least one director with unlimited liability 

D

 Can own property and make contracts in its own name 

 Businesses in the form of sole traders are legally distinct from their owners. 

A

True 

B

False 

Which of the following companies does not have share capital?

A

A public company

B

A company limited by guarantee

C

An unlimited liability company

Which of the following is a company that has its shares traded on a public stock exchange?

A

Unlimited company

B

Listed company

C

Public company

D

Private company

 Which of the following is a benefit of running a business as a sole trader? 

A

 No formal procedures to set up the business 

B

 The business is highly dependant on the owner 

C

 An absence of economies of scale 

 Which of the following statements regarding sole traders is correct? 

A

 The business is legally distinct from the owner 

B

 All of a sole trader's profits accrue to the owner 

C

 Sole traders do not need to register for VAT 

In a company limited by shares, what is the limit of a member's liability? 

A

 The amount they guaranteed to pay in the event of the company being liquidated 

B

 The amount of share capital they have purchased, including any amounts outstanding on the shares that they own 

C

 Nothing, the company is liable for its own debts