Which of the following is NOT one of the main requirements of the UK Corporate Governance Code?

Answer(s): B

In relation to registering a company limited by shares, which of the following is correct?

If the promoters fail to submit Articles of Association to the Registrar of Companies, the company cannot be registered.
If the promoters fail to submit Articles of Association to the Registrar of Companies, the provisions of Table A automatically apply.
If the promoters fail to submit Articles of Association to the Registrar of Companies, the documents will be returned to the promoters with a request for Articles to be submitted.
If the promoters fail to submit Articles of Association to the Registrar of Companies, the company will be registered but will have no Articles of Association applicable to it.

Answer(s): B

Which of the following is correct?

A fixed charge is a charge over a specific asset of the company which it is unable to deal with freely in the ordinary course of business.
A fixed charge is a charge over a specific asset of the company which it is able to deal with freely in the ordinary course of business.
A fixed charge is a charge over a class of company assets which the company can deal with freely in the ordinary course of business.
A fixed charge is a charge over a class of company assets which the company is unable to deal with freely in the ordinary course of business.

Answer(s): A

Which of the following types of committee is NOT required by the UK Corporate Governance Code?

Answer(s): C

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