Multiple Choice
Which of the following is false regarding Société Anonymes (SA) and Société à Responsabilité Limitée (SARL) companies in France?
A) SARL companies sell shares exclusively to company members.
B) French law does not require that SARL companies appoint an auditor.
C) French law requires that all SA companies appoint an independent auditor to verify the legality of their accounts.
D) SA companies offer shares to the public and must have only one shareholder.
E) Members of SARL companies are liable only to the extent of their contributions to the company.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: If the incorporator or promoters make an
Q30: Private persons create _ corporations for private
Q31: [Horse Tracks] Min-ji,Marcus,and Penelope decided to form
Q32: A corporation must be incorporated in the
Q33: Which of the following references the liability
Q34: What type of corporation is created by
Q35: In the corporate formation process,which of the
Q36: Which of the following is not required
Q37: Which of the following is false regarding
Q80: Corporations have implied powers.