Group Company Liabilities Disclosure Quiz
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Questions and Answers

Which one of these is true about the liabilities of the Group Company?

  • The Group Company has liabilities in excess of $100,000
  • The Group Company has no liabilities (correct)
  • The Group Company has disclosed all liabilities in writing
  • The Group Company has undisclosed liabilities

    • Which one of these is true about the information concerning the Group Company?

  • The information is incomplete and inaccurate
  • The information omits material facts
  • The information contains untrue statements
  • The information is complete and accurate (correct)

    • Which one of these is true about the options, warrants, and convertible securities of the Group Company?

  • The options, warrants, and convertible securities are authorized and unissued
  • There are commitments to issue options, warrants, and convertible securities
  • There are existing options, warrants, and convertible securities
  • There are no options, warrants, and convertible securities (correct)

    • Which one of these is true about the changes or events affecting the Group Company?

    <p>There have been no changes or events affecting the Group Company</p> Signup and view all the answers

    Which one of these is true about the total liabilities of the Group Company on the Closing Date?

    <p>The total liabilities do not exceed $100,000</p> Signup and view all the answers

    Which one of these is true about the liabilities of the Group Company?

    <p>The Group Company's liabilities on the Closing Date shall not exceed $100,000 in total.</p> Signup and view all the answers

    Which one of these is true about the information concerning the Group Company?

    <p>The information concerning the Group Company is complete and accurate in all material respects.</p> Signup and view all the answers

    Which one of these is true about the options, warrants, and convertible securities of the Group Company?

    <p>The Group Company has no existing options, warrants, calls, or convertible securities.</p> Signup and view all the answers

    Which one of these is true about the total liabilities of the Group Company on the Closing Date?

    <p>The total liabilities of the Group Company on the Closing Date shall not exceed $100,000.</p> Signup and view all the answers

    Which one of these is true about the changes or events affecting the Group Company?

    <p>There have been no changes or events affecting the Group Company.</p> Signup and view all the answers

    Which one of the following statements is true about the liabilities of the Group Company?

    <p>The Group Company has no liabilities.</p> Signup and view all the answers

    What is the maximum amount of liabilities that the Group Company can have on the Closing Date?

    <p>$100,000</p> Signup and view all the answers

    What is the requirement for the information concerning the Group Company in the Agreement and Group Company Schedules?

    <p>The information must be complete and accurate in all material respects.</p> Signup and view all the answers

    Which one of the following is not included in the options, warrants, calls, and convertible securities of the Group Company?

    <p>Commitments</p> Signup and view all the answers

    What is the requirement for changes or evolutions in the Group Company?

    <p>There must be no changes or evolutions in the Group Company.</p> Signup and view all the answers

    Which one of these is true about the liabilities of the Group Company?

    <p>The Group Company has liabilities disclosed on Schedule 1.04.</p> Signup and view all the answers

    Which one of these is true about the information concerning the Group Company?

    <p>The information is complete and accurate.</p> Signup and view all the answers

    Which one of these is true about the options, warrants, and convertible securities of the Group Company?

    <p>The Group Company has no options, warrants, or convertible securities.</p> Signup and view all the answers

    Which one of these is true about the total liabilities of the Group Company on the Closing Date?

    <p>The total liabilities are $100,000.</p> Signup and view all the answers

    Which one of these is true about the changes or events affecting the Group Company?

    <p>There are no changes or events affecting the Group Company.</p> Signup and view all the answers

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