Choose ALL the correct answers.

Objects of a company mean company's:
objectives
assets
purposes
property
things
(2 p.)



To alter a bylaw means to:
change it slightly by adding new elements to it but it still is the same bylaw.
change the main body of law and it becomes a new bylaw.
annul the existing bylaw.
(2 p.)



To repeal a bylaw means to:
change it slightly by adding new elements to it but it still is the same bylaw.
change the main body of law and it becomes a new bylaw.
annul the existing bylaw.
(2 p.)



To amend a bylaw means to:
change it slightly by adding new elements to it but it still is the same bylaw.
change the main body of law and it becomes a new bylaw.
annul the existing bylaw.
(2 p.)



Stipulations of the Memorandum of Association are its:
words
terms
conditions
wording
procedures
(2 p.)



Which document(s) does the Company Constitution comprise in the UK now (under the new Companies Act 2006)?
bylaws
Articles of Association
Articles/Certificate of Incorporation
Memorandum of Association
(2 p.)



Which terms are UK terms?
shareholder
stockholder
corporation
company
bylaws
(2 p.)



Which terms are UK terms?
ordinary shares
common stock/shares
preference shares
preferred stock/shares
(2 p.)



Bylaw(s) can mean:
a regulation of an American corporation
a decision made in a meeting
a rule made by a local authority in the UK
a directive of the EU
(2 p.)



"In lieu of" can mean:
in place of
instead of
in the role of
instead
in order to
(2 p.)



"To proscribe" means:
to prohibit
to stipulate
to ban
to not allow
to specify
(2 p.)



"To prescribe" means:
to prohibit
to stipulate
to ban
to order (a treatment or medicine)
to specify
(2 p.)