Deck 5: Parties to a Crime

Question 1

In which of the following constitutional documents of a company has the 2006 Act brought a major change?

A) memorandum of association
B) articles of association
C) company registration information
D) company director's information

Answer 1

A

Question 2

Changes to the articles of association must be

A) in the interests of the directors
B) in the interests of the majority of the members
C) in the interests of some of the members
D) in the interests of the company as a whole

Answer 2

D

Question 3

The articles of association

A) can be amended by ordinary majority of the members
B) can be amended by special majority of the members
C) cannot be amended
D) can be amended by a decision of the directors

Answer 3

B

Question 4

The articles of association are not

A) a contract between the company's members
B) a contract between the company's members and the company
C) a constitutional document of the company
D) a contract between the directors and the company

Question 5

Which of the following matters is not normally covered by the articles of association?

A) director's powers and responsibilities
B) organisation of general meetings
C) issues of shares
D) the company's marketing strategy

Question 6

What are the model articles of association?

A) default sets of articles offered by the Companies Act 2006
B) best practice articles used by companies
C) examples found online
D) sets of articles agreed by professional organisations

Question 7

What are the articles of association?

A) regulations governing a company's internal management
B) regulations governing the relationship between shareholders
C) regulations governing the relationship between directors
D) regulations governing the relationship between the company and its stakeholders

Question 8

In current law, unauthorised acts by company agents are considered

A) invalid
B) valid
C) valid as against third parties
D) invalid as against third parties

Question 9

What was the content of the ultra vires doctrine?

A) acts of the company outside its objectives were deemed valid
B) acts of the company outside its objectives were deemed invalid
C) company acts without signature were valid
D) company acts without signature were invalid

Question 10

A shareholder's agreement

A) binds all shareholders
B) binds its signatories
C) binds the company
D) binds current and future shareholders