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Questions and Answers
What is the primary purpose of company law?
What is the primary purpose of company law?
- To manage employee relations within a company
- To regulate the formation and operation of companies (correct)
- To oversee individual tax filings within a company
- To control the marketing strategies of companies
Which of the following is a key feature of corporate governance regulated by company law?
Which of the following is a key feature of corporate governance regulated by company law?
- Setting prices for products and services
- Managing day-to-day operations
- Ensuring accountability and fairness in decision-making (correct)
- Negotiating labor contracts
What is the purpose of the 'Articles of Association' in company law?
What is the purpose of the 'Articles of Association' in company law?
- Setting government regulations for the industry
- Overseeing employee benefits
- Managing external partnerships
- Defining the internal rules and regulations for the company (correct)
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