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Business Studies
7. Formation of a Company
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Q8 of 28 Page 183

Every company must file Articles of Association.

False


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6

If a company is registered based on fictitious names, its incorporation is invalid.

7

‘Articles of Association’ is the main document of a company.

9

If a company suffers heavy issues and its assets are not enough to pay off its liabilities, the balance can be recovered from the private assets of its members.

1

Name the stages in the formation of a company.

Questions · 28
7. Formation of a Company
1 2 3 4 5 6 7 8 1 2 3 4 5 6 7 8 9 1 2 3 4 5 1 2 3 4 5 6
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