快速查题-ACCA英国注册会计师试题

The holder of a floating charge may protect their priority by including in the terms of the charge a clause that prevents the borrower from creating a fixed charge on the same asset.  

What is the name given to such a clause? 

Which TWO of the following are true concerning the registration of company charges? 

(1) Charges must be registered within 21 days of creation 

(2) If a charge is not registered on time then the company and its officers who created the charge are liable to a fine 

(3) The Registrar of Companies is permitted to rectify a mistake in the registration documents of a charge with the permission of the chargeholder 

(4) Non-registered charges are valid and enforceable with the permission of the Registrar of Companies 

 Which of the following is a right of the holder of a debenture that is secured by a fixed charge? 

State which may have a cumulative right to dividends

State which NORMALLY participates in surplus capital 

 Which of the following are correct statements about the relationship between a company's ordinary shares and its debentures?  

Select all that apply. 

 In which of the following situations will crystallisation of a floating charge occur? 

 Select all that apply. 

 Certain types of charges need to be registered within 28 days of creation. 

A floating charge will crystallise on the occurrence of which of the following events?