Years Percentages

Question 1

Time to claim from breach or damage for Negligence/ Tort

Answer 1

6 years

Question 2

Time to claim injury for Negligence/ tort

Answer 2

3 years

Question 3

Minimum for public companies share capital

Answer 3

50k

Question 4

Directors public company private company

Answer 4

More than 2 more than 1

Question 5

Public companies private companies should prepare their accounts in ?

Answer 5

6 9 months

Question 6

Amend articles should be send to register

Answer 6

15 days

Question 7

Sizes of sml

Answer 7

Turnover less than 6,5 25,9

Balance sheet less than 3,26 less than 12,9 employees less than 50 250

Question 8

Directors age

Answer 8

16 years

Question 9

Time to change directors in register

Answer 9

14 days

Question 10

What proportion of directors should retire each year

Answer 10

1/3

Question 11

Disqualification for directors

Serious offences
For persistently being in default of legislation (3 convictions in 5 years)
Minimum disqualification period
Insolvency

Answer 11

15
5
2
2 years

Question 12

Directors contracts need approval for ?

Assets?

Answer 12

2 years

More than 10% of the company assets and 5 k 100k

Question 13

Complete control shareholders

Answer 13

75%

Question 14

Considerable influence

Answer 14

50%

Question 15

Can apply for cancellation of variation of rights within 21 days

Answer 15

Class shares 15%

Question 16

Shareholders vote meeting

Answer 16

10%

Question 17

Notice if members resolution

Answer 17

15%

Question 18

General meeting

Answer 18

10% shareholders

Question 19

Directors must call a company meeting in?

It must take place in?

Answer 19

21 days

28 days

Question 20

Members might set up a own meeting in?

Answer 20

3months

Question 21

Notice for meeting unless >=90% Net value of shareholders ?

Answer 21

14days

Question 22

Notice for AGM

Answer 22

21 days

Question 23

Ordinary resolution

Special resolution

Answer 23

More than 50%, 77%

Question 24

Time to file special resolution in register?

Answer 24

15 days

Question 25

Written resolution must be passed, from circulation?

Answer 25

28 days

Question 26

Special meeting notice must be given in?

Answer 26

28 days

Question 27

General meetings must have at least

Answer 27

2 people

Question 28

Records must be kept for?

Answer 28

10 years

Question 29

Pre emotion rights must be considered for ?

Answer 29

21 days

Question 30

Members can get compensation for pre emotion rights

Answer 30

2 years

Question 31

Public company must have.... Paid up Nvalude shares?

Answer 31

1/4

Question 32

Shares cannot be allotted as fully paid if something happens >= ? Later

Answer 32

5 years

Question 33

Acquiring share premium

Answer 33

90% more than

Question 34

Time to refuse unlisted shares

Answer 34

2 months

Question 35

Share capital time to tell register

Answer 35

1 month

Question 36

Fixed charge invalid

Answer 36

6 months less than

Question 37

Floating g charge might be void after liquidation

Answer 37

12 months less than

Question 38

When you create a charge you have how many days to tell the register

Answer 38

21 days

Question 39

Administrator time to appoint

Answer 39

5 days

Question 40

Qualifying floating charge notice

Answer 40

2 days

Question 41

File appointment with register and get employees statement s who have 11 days

Answer 41

Les than 7 days

Question 42

Submit a statement of proposal administrator

Answer 42

Less than 8 weeks

Question 43

Void contract is

Answer 43

Is not a contract at all, parties are not bound by it. Property can be recovered even from third parties.

Question 44

Voidable contract is

Answer 44

A contract that one party might set aside. Property transfered before avoidance is usually irrecovorable from 3P

Question 45

Unenforcable contract is

Answer 45

If a party fails to perform its contract, the other party cannot compel him to do so.

Question 46

Unenforcable contracts

Answer 46

Land and guarantee should be in writing

Question 47

Lack of capacity (18 years old or not with sound mind) is a .. contract

Answer 47

Voidable

Question 48

Absence of free will( duress and undue influence)

Answer 48

Voidable

Question 49

Illegaly (not ofend public)

Answer 49

Void

Question 50

Mispresentation: A makes a pre-contractual statement of fact that is intended to enter into a contract but turns out to be untrue

Answer 50

Voidable

Question 51

If contract is not in the corret form it is

Answer 51

Unenforcable