Test yourself

Complete the sentences with the correct form of the verbs on brackets.


1.  Under the Articles of Assocuation if a shareholder (1 p.) (violate) the company’s rules, they (1 p.) (face) legal consequences.

2.  The shareholders (1 p.) (avoid) penalties if they (1 p.) (file) the required documents on time, i.e. at the end of last calendar month.

3.  If a company (1 p.) (not comply) with Polish tax regulations, it (1 p.) (incur) heavy fines.

4.  If I (1 p.) (be) a director, I (1 p.) (ensure) that all board meetings are documented thoroughly.

5.  The board (1 p.) (consider) new bylaws if the current regulations (1 p.) (deem) insufficient.

6.  If the last general meeting (1 p.) (approve) the resolution, the company (1 p.) (have) the funds for expansion.

7.  Directors (1 p.) (hold) personally liable if they (1 p.) (not act) in the company’s interest.

8.  If a company’s assets (1 p.) (seize), it (1 p.) (not be able) to continue its operations effectively.

9.  Shareholders (1 p.) (face) legal actions if they (1 p.) (not comply) with capital contributions.

10.  If a startup (1 p.) (seeks) investors, it (1 p.) (improve) its financial standing. They decided to act on their own, though.

11.  If the government (1 p.) (change) company law, businesses (1 p.) (need) to adapt their policies.

12.  If the founders (1 p.) (anticipate) market fluctuations, they (1 p.) (establish) a more flexible business plan.