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Company Formation Quick Quiz

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Company Formation Quick Quiz

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About this activity

Test your knowledge on forming a company.

Created by

Tanishq Yadav
Tanishq Yadav
India

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Company Formation Quick Quiz
 

Company Formation Quick QuizOnline version

Test your knowledge on forming a company.

by Tanishq Yadav
1

All share capital must be paid in cash; non-cash contributions are never allowed.

2

A registered office or principal place of business is usually required at incorporation.

3

Shareholders own the company and elect the board of directors.

4

You must file articles of incorporation with the government to form a corporation.

5

Directors oversee management and strategic decisions for the company.

6

A corporation must have at least three directors.

7

Incorporation automatically exempts the company from paying any taxes.

8

Bylaws must be filed with the government at the time of incorporation.

9

The company name cannot be changed after incorporation.

10

A certificate of incorporation or articles of incorporation is the legal document that creates the company.

 
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