Company Law and Business Ethics Quiz

Multiple Member LLC in Vietnam

• Multiple member LLC can have a minimum of 2 members and a maximum of 50 members.
• Members can include individuals or organizations, both domestic and foreign.

Liability in Multiple Member LLC

• Members of a multiple member LLC are liable for the company's debts and obligations up to the amount of their contributed capital.
• Personal assets of the members are generally protected from creditors.

Single Member LLC in Vietnam

• A single member LLC has only one member, which can be an individual or a legal entity.

Liability in Single Member LLC

• The sole member is liable for the debts and obligations of the single member LLC only up to the capital invested in the business.
• Similar to multiple member LLCs, personal assets are typically safeguarded from claims related to the LLC's debts.

Test your knowledge on the fundamentals of company law and business ethics with this quiz. Covering topics such as company establishment and capital, this quiz will help you assess your understanding of key concepts in business law.