| TEST di autovalutazione |
| TEST di autovalutazione |
| 1 | What was what the main argument of liquidator to sue Salomon?: | ||
| A) | That the price paid by the company to Salomon exeeded the real value of the business and assets | ||
| B) | The signatories of the memorandum was only dummies | ||
| C) | The company was a scheme to enable him to carry business | ||
| D) | The company has separate assets and liminted liability | ||
| 2 | The court of first instance decided that: | ||
| A) | The company was not duly created | ||
| B) | The independent board was not appointed | ||
| C) | The creditors were not defrauded | ||
| D) | The company was agent of Mr. Salomon | ||
| 3 | The court of Appeals decided: | ||
| A) | The company was not created | ||
| B) | The aim to create the company was to limit liability | ||
| C) | The shareholder is not liable for the debts of the company | ||
| D) | The company was trustee of Mr. Salomon | ||
| 4 | Who said the following: Mr "Salomon's scheme was a device to defraut creditors": | ||
| A) | The liquidator of company | ||
| B) | The Hight Court | ||
| C) | The Court of Appeals | ||
| D) | House of the Lords | ||
| 5 | The corporate veil mean: | ||
| A) | That direcor is not liable for the activity of the company | ||
| B) | That the shareholders are not liable for the debts of the company | ||
| C) | That the shareholders are liable for the debts of the company | ||
| D) | The director is liable for the debts of the company | ||
| 6 | The House of Lords: | ||
| A) | Left the decision unchanged of the Court of Appeals | ||
| B) | Reversed the decision of the Court of Appeals | ||
| C) | Reversed the decision of Court of Appeals and left the decision of Hight Court | ||
| D) | Left the decision of Hight Court | ||
| 7 | The shareholders of company: | ||
| A) | Must be independent | ||
| B) | Must corespond to requirements of intention of Legislator | ||
| C) | Can be related | ||
| D) | Can not pay exorbitant price for shares | ||
| 8 | In order to be recognized as a shareholder a person must have: | ||
| A) | At least 1 share | ||
| B) | At leat a part of a share | ||
| C) | Simple majority votes | ||
| D) | Qualified majority votes | ||
| 9 | When the memorandum is duly signed and registered: | ||
| A) | The company is duly incorporated | ||
| B) | The intention of the subcribers should be legal | ||
| C) | The subscriber can not defraud each other | ||
| D) | The subscribers are liable for debts of company untill company attains maturity. | ||
| 10 | In the case Gilford Motor Co v Horne court decided that: | ||
| A) | The defendant controled the company and its formation was a sham. | ||
| B) | The defendant's company was only dummy | ||
| C) | The defendant controled the company and shareholders were puppets | ||
| D) | The company is separate entity and the defendant is not liable for the activity of the company | ||