Group Company Rights and Infringements Quiz
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Questions and Answers

What does the Group Company not received any notice of?

  • Infringement of rights
  • Conflict with asserted rights
  • Infringement of or conflict with asserted rights (correct)
  • None of the above

    • What would have a materially adverse effect on the proposed business of the Group Company?

  • Unfavorable decision
  • Ruling
  • Finding
  • All of the above (correct)

    • What are there no actions, suits, or proceedings against?

  • The Group Company
  • The Shareholders
  • The Group Company or its properties (correct)
  • None of the above

    • Where are there no actions, suits, or proceedings against The Group Company or its properties?

    <p>All of the above</p> Signup and view all the answers

    Who has knowledge of the absence of actions, suits, or proceedings against The Group Company or its properties?

    <p>The Shareholders</p> Signup and view all the answers

    What action by the Company could potentially have a Material Adverse Effect?

    <p>Amendment of a Material Contract</p> Signup and view all the answers

    What is the Company expected to do in the ordinary course of business?

    <p>Preserve the business intact and maintain goodwill</p> Signup and view all the answers

    What kind of commitment could the Company potentially make that is mentioned in the text?

    <p>Commitment to borrow money</p> Signup and view all the answers

    What would the Company not do in the ordinary course of business?

    <p>Acquire assets</p> Signup and view all the answers

    What amount of loan made by the Company is specified in the text?

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

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