ACCA 2026 LW Corporate Law Company Formation Free Quiz 1

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ACCA 2026 LW Corporate Law Company Formation Free Quiz 1

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ACCA 2026 LW Corporate Law Company Formation Free Quiz 1

Practice ACCA 2026 LW Corporate Law MCQs from Company Formation. Get instant results with Explanation.

General10 MCQs

1. How is a company formed under the Companies Act 2006?

A. A company is formed by a court orderB. A company is formed by registration with the Registrar of CompaniesC. A company is formed by a partnership agreementD. A company is formed by a deed

2. What documents are required for company registration?

A. Only the memorandum is required for registrationB. Only the articles are requiredC. The required documents include the memorandum, articles, statement of capital, and statement of complianceD. No documents are required; registration is by declaration

3. What is the effect of the certificate of incorporation?

A. The certificate of incorporation is conclusive evidence of incorporationB. The certificate of incorporation can be challengedC. The certificate of incorporation is optionalD. The certificate of incorporation is issued by the court

4. What is the capacity of a company under the Companies Act 2006?

A. A company has limited capacity based on its objects clauseB. A company can only act within its objects clauseC. A company cannot change its business activitiesD. A company has unlimited capacity to carry on business under the Companies Act 2006

5. What are the minimum requirements for directors and shareholders on incorporation?

A. A private company must have at least two directorsB. A private company must have at least one director and one shareholderC. A company can have zero directorsD. Directors are not required at incorporation

General10 MCQs

6. What are the rules for a registered office?

A. The registered office can be a post office boxB. The registered office can be abroadC. The registered office must be in the same jurisdiction as registration and a physical addressD. The registered office is optional

7. Who are the subscribers to the memorandum?

A. The subscribers are the first shareholders who sign the memorandumB. The subscribers are the first directorsC. The subscribers are the company's auditorsD. The subscribers are not required for incorporation

8. What is the statement of capital?

A. The statement of capital is optionalB. The statement of capital only applies to public companiesC. The statement of capital is not required at incorporationD. The statement of capital sets out the share capital and initial shareholdings of subscribers

9. From when does a company exist?

A. A company exists only after its first business transactionB. A company exists from the date of incorporation shown on the certificateC. A company exists after one year of tradingD. A company exists only after the first shareholders' meeting

10. What is the role of the Registrar of Companies?

A. The Registrar is a court officialB. The Registrar is a government ministerC. The Registrar is the official responsible for company registration and maintaining the registerD. The Registrar is an external auditor

📋 ACCA - Test Online Practice Quizzes

ACCA

Conducting Body: Association of Chartered Certified Accountants

Frequency: Exam Frequency Year Round | Time: 360 Minutes

Negative Marking: No

⚡ Test Pattern (Total: 116 MCQs):

Business and Technology: 46 MCQs
Management Accounting: 35 MCQs
Financial Accounting: 35 MCQs
Corporate and Business Law: 45 MCQs

Merit Formula: -

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