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1. a QN=2 In Vietnam, which particular law governs domesti-

cally commercial activities
a. The Commercial Law 2005
b. The Enterprise Law 2005
c. The Constitution.
d. The Investment Law 2005
e.
f.

2. d QN=2 In Vietnam, state owned company is stated in detail

in ( ).

a. 2005 Civil Code

b. 2005 Commercial Law
c. 2009 Law on Personal Income Tax.
d. None of the choices: "2005 Civil Code", "2005 Commer-
cial Law" and " 2009 Law on Personal Income Tax".
e.
f.

3. a QN=2 In Vietnam, offer and acceptance are governed by

()
a. 2005 Civil Code
b. 2005 Enterprise Law
c. Constitution
d. Land law
e.
f.

4. b QN=2 According to the law of Vietnam, a period of warran-

ty for a sold object is calculated from the time the buyer
actually receives the sold object.
a. True
b. False
c.
d.
e.
f.

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5. b QN=1 Vietnamese law does not allow any of parties to a
contract is replaced by the outsider even with the same
terms.
a. True
b. False
c.
d.
e.
f.

6. c QN=4 Under Vietnamese law, which property is subject to

Sale contracts regulated by the Commercial Law 2005?
a. House owned by an individual person (not a business
person) sold to his neighbor for residence
b. Land
c. Pictures
d. Forests
e.
f.

7. c QN=3 In Vietnam, the Constitution is enacted by ( ).

a. The Government
b. The Supreme People's Court
c. The National Assembly
d. The People
e.
f.

8. a QN=1 According to Vietnamese law, offer can be revoked

if ( ).
a. Communicated to offerree before his/her acceptance
b. Communicated to offerree at any time
c. Communicated to offerree at reasonable time
d. Communicated to offerree after his/her acceptance
e.
f.

9. a QN=2 Under Vietnamese 2005 Civil Code, intellectual

property rights are personal property.
a. True
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b. False
c.
d.
e.
f.

10. a QN=3 According to Vietnamese 2005 Commercial Law,

unless otherwise agreed, the risk of loss or damage to
goods shall pass to the purchaser if the goods are not
clearly identifiable by codes or signs on them or by trans-
portation vouchers; if the goods have not been notified to
the purchaser or; if the goods are not able to be verified
by any other means.
a. False
b. True
c.
d.
e.
f.

11. a QN=2 In Vietnam, The General Meeting of Shareholders

shall be conducted where the number of attending share-
holders represents at least ( ) per cent of the voting shares.
a. 65
b. 55.
c. 75
d. 50
e.
f.

12. d QN=1 In Vietnam, either of parties to a contract dies,

which cannot be replaced by a new party because of
personal requirements, the contract will be ( ).
a. Void
b. Unenforceable
c. Voidable
d. Discharged
e.
f.

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13. b QN=3 Vietnam is a member of the United Nations Con-
vention of Contracts for the International Goods (CISG)
a. True
b. False
c.
d.
e.
f.

14. d QN=1 In Vietnam, liability to compensate for damage oc-

curs when ( ).
a. At Fault and Wrongdoing
b. Wrongdoing
c. Injury and Wrongdoing
d. At Fault, Wrongdoing, Injury and Causality between
Injury and Wrongdoing
e.
f.

15. b QN=3 According to the law of Vietnam, causation means

that ( ).
a. The damage must occur
b. The damage results from the violation of law
c. The injured person must prove the amount of damage
d. The injured person must prove the fault of the wrongdoer
e.
f.

16. a QN=2 In Vietnam, minor is under full ( ) years old.

a. 18
b. 21
c. 25
d. None of 18, 21, and 25
e.
f.

17. a QN=2 Under Vietnamese 2005 Commercial Law, unless

otherwise agreed, where the subject of the contract is
goods currently in transit then the risk of loss or damage
to the goods shall not pass to the purchaser as from the
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time of entering into the contract.
a. False
b. True
c.
d.
e.
f.

18. b QN=2 According to the law of Vietnam, a member of the

board of management must be a shareholder.
a. True
b. False
c.
d.
e.
f.

19. b QN=3 Which is the following sentence right?

a. In Vietnam, private company is entitled to issue share.

b. In Vietnam, private company is entitled to issue stock.
c. In Vietnam, private company has unlimited liability.
d. In Vietnam, private company has limited liability.
e.
f.
Answer C
PTS 1
Chapter 31
Mix choices Yes

QN=4 According to the law of Vietnam, ( ) has an unlimited

liability.
a. A member of a limited liability company
b. A shareholder
c. A general partner
d. An owner of an one-member limited liability company
e.
f.

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Answer C
PTS 1
Chapter 31
Mix choices Yes

QN=5 According to the law of Vietnam, ( ) is a legal entity.

a. A sole proprietorship
b. A branch of a corporation
c. A representative office of a corporation
d. A partnership
e.
f.
Answer D
PTS 1
Chapter 31
Mix choices Yes

QN=6 According to the law of Vietnam, members in

joint-stock company have ( ).
a. Unlimited liability
b. Limited liability
c. Both of unlimited liability and limited liability
d. Either of unlimited liability or limited liability
e.
f.
Answer B
PTS 1
Chapter 31
Mix choices Yes

QN=7 According to the law of Vietnam, a member of a

limited liability company with two or more members must
be an individual.
a. True
b. False
c.
d.

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e.
f.

20. b QN=1 According to Vietnamese law, a limited liability com-

pany must have three members at least.
a. True
b. False
c.
d.
e.
f.

21. b QN=2 Under Vietnamese law, when one transfers rights

under contract, a notice needs to be given to the non-as-
signing party in a form of ( ).
a. Oral
b. Written
c. Conduct
d. Any kinds
e.
f.

22. b QN=1 In Vietnam, adult are full ( ) or older:

a. 16 years old.
b. 18 years old.
c. 19 years old.
d. 15 years old.
e.
f.

23. a QN=3 In Viet Nam, contracts made by persons who are

between full six years old and under full eighteen years
old must have the consents of their representatives at
law when establishing and performing civil transactions,
except those transactions to meet their daily-life needs
suitable to their age group or otherwise provided for by
law.
a. True
b. False
c.
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d.
e.
f.

24. a QN=2 According to Vietnamese 2005 Commercial Law,

international purchase and sale of goods cannot be im-
plemented in the form of import.
a. False
b. True
c.
d.
e.
f.

25. d QN=1 According to the law of Vietnam, the number of

members of the board of management ( ).
a. Must be three at least
b. Must be eleven at least
c. Must be three at least but not more than eleven
d. Must be three at least but not more than eleven unless
otherwise provided by the charter
e.
f.

26. b QN=4 According to Vietnamese law, lack of consideration

makes a contract invalid.
a. True
b. False
c.
d.
e.
f.

27. b QN=4 According to Vietnamese law, judge's decision is

one of the sources of law.
a. True
b. False
c.
d.

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e.
f.

28. a QN=3 Under Vietnamese 2005 Civil Code, civil trans-

actions with purposes and contents violating prohibitory
provisions of law or contravening social ethics will be ( )
a. Void
b. Valid
c. Voidable
d. Legal
e.
f.

29. d QN=8 According to the law of Vietnam, the number of

members of a limited liability company shall not exceed
( ).
a. 02
b. 05
c. 15
d. 50
e.
f.

30. a QN=1 In Vietnam, if dividend payment is made in cash, it

must be made in ( ).
a. Vietnam dong
b. USD
c. Singapore dollar
d. Any other currencies
e.
f.

31. a QN=2 According to Vietnamese Law, husband and wife

possess community property by common ownership by
integration
a. True
b. False
c.
d.

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e.
f.

32. d QN=1 In Vietnam, form of contract for purchase and sale

of goods shall be expressed ( ).

a. Orally
b. In writing
c. By specific conduct
d. Orally, or in writing, or by specific conduct
e.
f.

33. a QN=1 Under Vietnamese 2005 Commercial Law, interna-

tional purchases and sales of goods must be implemented
on the basis of an oral contract.
a. False
b. True
c.
d.
e.
f.

34. b QN=5 According to Vietnamese law, hierarchy of applying

legal documents sets out in ( ).
a. The Commercial Law 2005
b. The Law on issuing the legal normative documents 2008
c. The Civil Code 2005
d. The Enterprise Law 2005
e.
f.

35. a QN=3 Under Vietnamese 2005 Civil Code, the acceptance

of an offer to enter into a contract is the offeree's reply to
the offeror on the acceptance of the whole contents of the
offer.
a. True
b. False
c.
d.
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e.
f.

36. d QN=1 According to Vietnamese 2005 Civil Code, to be

effective, a civil transaction must ( ).

a. Be created by the persons having full civil act capacity

b. Have the purposes and contents which do not violate
prohibitory provisions of law and are not contrary to social
ethics.
c. Be created voluntarily by the persons participating in the
civil transaction
d. All of the choices: "Be created by the persons having full
civil act capacity; "Have the purposes and contents which
do not violate prohibitory provisions of law and are not
contrary to social ethics"; and "be created voluntarily by
the persons participating in the civil transaction"
e.
f.

37. a QN=1 According to Vietnamese law, when all the obliga-

tions under contract is carried out fully, the contract will be
discharged.
a. True
b. False
c.
d.
e.
f.

38. d QN=1 According to Vietnamese Law, which below proper-

ty is defined as real property
a. Motorbike
b. Chicken
c. Horse
d. Property attached securely to land
e.
f.

39. a
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QN=2 According to the law of Vietnam, a person who
causes damage while acting within the requirement of
emergency situation shall not be liable for such damage.
a. True
b. False
c.
d.
e.
f.

40. a QN=2 ( ) is the most important source of law in both

Vietnam and America.
a. Constitution
b. Statue Rules
c. Judicial decisions
d. Administrative orders
e.
f.

41. a QN=2 In Vietnam, according to Vietnamese law, the court

system includes, the court can be divided into Vietnamese
Supreme People's court, People's Courts of provinces
and cities directly under central authority and People's
Courts of districts, prefectures, towns or cities under the
provinces.
a. True
b. False
c.
d.
e.
f.

42. b QN=1 In Vietnam, the Supreme People's Court has all of

trial, appeal and review jurisdiction.
a. True
b. False
c.
d.

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e.
f.

43. c QN=3 According to the law of Vietnam, the charter capital

of the corporation is ( )
a. The total money value of its assets
b. The minimum capital required by law
c. The amount of money registered in the business regis-
tration certificate
d. The declared money value of its outstanding stock
e.
f.

44. d ÿ N=1 In Vietnam, a court grants a decision based on ( ).

Q
a. Its higher court's decision for the previous similar case
b. The supreme court's decision for the previous similar
case
c. Its own decision for the previous similar case
d. Statutes
e.
f.

45. a QN=4 According to the law of Vietnam, the ordinary

shares may not be converted into preference shares.
a. True
b. False
c.
d.
e.
f.

46. a QN=2 In Vietnam, a civil contract will be governed by ( ).

a. 2005 Civil Code
b. 2005 Enterprise Law
c. Constitution
d. Housing law
e.
f.

47. a
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QN=4 According to the law of Vietnam, the scope of
business must be indicated in the business registration
certificate.
a. True
b. False
c.
d.
e.
f.

48. a QN=1 In Vietnam, car is not personal property.

a. False
b. True
c.
d.
e.
f.

49. a QN=2 In 2005 Enterprise Law, the minimum number of

shareholders in joint-stock company is ( ).

a. 03
b. 06
c. 07
d. 08
e.
f.

50. a QN=1 Under Vietnamese 2005 Commercial Law, if the

purchase and sale contract states the time of delivery of
goods, then ( ).

a. The contractual parties are required to deliver goods at

the time agreed in the contract
b. The contractual parties are required to deliver goods at
the time not to be agreed in the contract
c. The contractual parties are required to deliver goods at
the time agreed in another document
d. All of The contractual parties are required to deliver

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goods at the time agreed in the contract, The contractual
parties are required to deliver goods at the time not to
be agreed in the contract and The contractual parties are
required to deliver goods at the time agreed in another
document
e.
f.

51. a QN=5 According to Vietnamese law, a contract for sale of

goods shall be governed by the Law on Commerce of 2005
if both parties are business men
a. True
b. False
c.
d.
e.
f.

52. d QN=1 In Vietnam, the rights and interests of the con-

sumers shall be protected by ( ).
a. The Law on Protection of Consumer's Interests
b. The Civil Code
c. The Law on Protection of Consumer's Interests and Civil
Code
d. The Law on Protection of Consumer's Interests and Civil
Code and other relevant legal instruments enacted by the
State
e.
f.

53. a QN=3 According to the law of Vietnam, a founding share-

holder means a shareholder involved in formulating, ap-
proving and signing the first charter of a shareholding
company.
a. True
b. False
c.
d.

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e.
f.

54. b QN=1 Accordingly the Law on Enterprise of Socialist Re-

public of Vietnam, a corporation must have two sharehold-
ers at least.
a. True
b. False
c.
d.
e.
f.

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