【单选题】The word ( A) means "a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty".
【单选题】The word (B ) means "ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship".
【单选题】The word ( ) means "a member of the governing board of a corporation or association elected or re-elected at annual meetings of the shareholders or members".
【单选题】The word ( C) means "the condition of having more debts (liabilities) than total assets which might be available to pay them, even if the assets were mortgaged or sold".
【单选题】The word (D ) means "to determine the liabilities and apportion the assets of especially in bankruptcy or dissolution".
【单选题】The word ( ) means "the acquisition of control or possession (as of a corporation)".
【单选题】The phrase (C ) means "to bring to an end by taking care of unfinished business ".
【单选题】The word (D ) means "the administration of an insolvent debtor’s property by the court for the benefit of the debtor’s creditors".
【单选题】The word (A ) means "the joining together of two corporations in which one corporation transfers all of its assets to the other, which continues to exist. In effect one corporation "swallows" the other, but the shareholders of the swallowed company receive shares of the surviving corporation".
【单选题】The word ( ) means "the obtaining of controlling interest in a company".
【单选题】English law recognised long ago that a corporation would have "( C)".
【单选题】Corporate governance in the UK mediates the rights and duties among (A ), employees, creditors and directors.
【单选题】Since the board of directors habitually possesses the power to manage the business under a ( ).
【单选题】UK law is "shareholder friendly" in that shareholders, to the exclusion of employees, typically exercise sole ( ) in the general meeting.
【单选题】Directors must carry out their responsibilities with competence, in ( ) and undivided loyalty to the enterprise.
16【单选题】If the mechanisms of voting do not prove enough, particularly for minority shareholders, directors' duties and other member rights may be ( A) in court.
17【单选题】Shares can contain any rights the company and purchaser wish to contract for, but generally grant the right to participate in (A ) after a company earns profits and the right to vote in company affairs.
【单选题】The word ( ) means "in bankruptcy, to issue an order of the court that all debts (with certain statutory exceptions) are forgiven and need not be paid".
【单选题】The word (D ) means "to annul or cancel an act, particularly a statement, document or promise, as if it no longer existed.".
【单选题】The word ( ) means "referring to a statute, contract, ruling or anything which is null and of no effect".
【单选题】The word (A ) means "purpose or goal".
【单选题】The word (C ) means "to voluntarily agree to an act or proposal of another, which may range from contracts to sexual relations".
【单选题】The word (C ) means "being able to perform any gainful employment".
【单选题】The word ( ) means "the act of failing to perform one's agreement, breaking one's word, or otherwise actively violating one's duty to other".
【单选题】The word ( B) means "a specific proposal to enter into an agreement with another. An offer is essential to the formation of an enforceable contract. An offer and acceptance of the offer creates the contract.".
【单选题】The word ( B) means "imposing a legal obligation".
【单选题】The word ( A) means "receiving something from another with the intent to keep it, and showing that this was based on a previous agreement".
【单选题】A contract is a voluntary arrangement between two or more parties that is ( ) at law as a binding legal agreement.
【单选题】Formation of a contract generally requires an ( ), offer, acceptance and a mutual intent to be bound.
【单选题】Minors, intoxicated persons, and those under a mental affliction may have insufficient ( ) to enter a contract.
【单选题】Vitiating factors constituting defences to purported contract formation, for instance, (C ) means a false statement of fact made by one party to another party and has the effect of inducing that party into the contract.
【单选题】A ( A) is an incorrect understanding by one or more parties to a contract and may be used as grounds to invalidate the agreement.
【单选题】( C) has been defined as a "threat of harm made to compel a person to do something against his or her will or judgment; especially, a wrongful threat made by one person to compel a manifestation of seeming assent by another person to a transaction without real volition.