CLL533 Tma Solutions

CLL533

Question: ______ usually provide their own capital with their personal savings andif they are lucky, may utilize bank loan
Answer: Sole trader

Question: The origin of the Joint Stock Companies is traced to
Answer: Eccelestical bodies in England

Question: _____ is NOT a requirement when applying to register a business name
Answer: Name of Spouse

Question: The advantage of ______ for business is that there is absolutely no risk of any disagreement.
Answer: Sole trader

Question: The advantage of ______ for business is that there is absolutely no risk of any disagreement.
Answer: Patnership

Question: Any business that intends to adopt a business name must register the business name with the _____
Answer: Corporate Affairs Commission

Question: In the historical development of Company Law, the type of partnership similar to that of the sleeping partnership was known as
Answer: Commenda

Question: The right of \
Answer: Guilds

Question: Lawyer were able to circumvent the application of the Bubble Act using __________.
Answer: Deed of Settlement

Question: The effort by the Attorney General to prosecute some unincorporated companies that freely made provisions for easy transfer of its shares in 1807 was dismissed by the court in in R v. Dood because the act had not been invoked for the past ______ years.
Answer: 87

Question: The Bank of England received its first charter in _____
Answer: [D] 1694

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