 Question 1

0 out of 5 points
According to the law on enterprises 2020, in order to pass a resolution on the
price of shares offered for sale in the first meeting, it needs approvals
of________________ in the following case. The management board of Nuvento
Joint Stock Company has 7 members including Ngoc, Thuy, Hien, Trang, Nguyet,
An and Quynh. Thuy and An are unable to attend the meeting while Ngoc
disagrees with the resolution .
Selected Answer:
d. Both b and c
Answers:
a. The resolution cannot be
ratified
b. Quynh, Hien, Trang
c. Nguyet, Hien and Trang
d. Both b and c
 Question 2
0 out of 5 points
According to the law on enterprises 2020, which owners will be liable for the debt
in the following case? Viet Cuong Partnership Company had 4 general partners
including Toan, Huong, Nghia and Van. In 2015, Toan decided to withdraw his
contributed capital and Van transferred her contributed capital to Nam. In March
2016, Vietinbank requested the company to pay off the 5 billion dong loan from
2014.
Selected Answer:
d. Toan, Huong, Nghia, Van and
Nam
Answers: a. Huong, Nghia and Nam
b. Toan, Huong, Nghia and Van

c. Toan, Huong, Nghia and Nam

d. Toan, Huong, Nghia, Van and
Nam
 Question 3
5 out of 5 points
According to the law on enterprises 2020, who will be liable for the debt in the
following case? Thanh was the owner of Thien Thanh Private Enterprise. In
January 2015 due to personal issues, Thanh was unable to manage the
enterprise. Therefore she sold the enterprise to Binh. In September 2015, Binh
borrowed 200 million dong from An on behalf of the enterprise which had not been
returned by March 2016. In January 2016, Tuan was appointed to help Binh
operate the enterprise.
Selected Answer:
b. Binh
Answers: a. Thanh
 b. Binh
c. Tuan
d. Tuan and Binh will jointly be liable for the
debt
 Question 4
5 out of 5 points
According to the law on enterprises 2020, in Joint Stock Companies, shareholders
who hold__________________________ cannot decide matters of the companies.
Selected Answer:
c. Dividend preference shares
Answers: a. Ordinary shares
b. Voting preference shares

c. Dividend preference shares

d. None of above
 Question 5
0 out of 5 points
According to the law on enterprises 2020, which of the following has the right to
decide on buyback of 15% of ordinary shares sold in Joint Stock Companies?
Selected Answer:
b. The management board
Answers:
a. Shareholders general meeting
b. The management board
c. Chairman of the management board
d. Director or general director
 Question 6
5 out of 5 points
According to the law on enterprises 2020, directors/general directors will be
responsible to __________________in Joint Stock Companies.
Selected Answer:
b. The management board
Answers: a. The Shareholders general meeting

b. The management board

c. The Chairman of the management board
d. Inspectors
 Question 7
0 out of 5 points
According to the law on enterprises 2020, who may be restricted to transfer their
shares to others who are not founding shareholders within 3 years since the
 establishment date in Joint stock companies?
Selected Answer:
b. Shareholders who hold voting preference shares
Answers: a. Shareholders who hold ordinary share
b. Shareholders who hold voting preference shares

c. Founding shareholders
d. None of above
 Question 8
0 out of 5 points
According to the law on enterprises 2020, in order to decide buyback of shares,
the management board needs at least approvals of____________________ in the
following case. The management board of Dusagi Joint Stock Company has 5
members including Khanh, Hoang, Vuong, Nhu and Huyen. Nhu and Khanh are
unable to attend the meetings while Vuong disagrees with the decision.
Selected Answer:
a. The resolution cannot be
ratified
Answers: a. The resolution cannot be
ratified

b. Hoang and Huyen

c. Hoang
d. Huyen
 Question 9
5 out of 5 points
According to the law on enterprises 2020, who will the supervisory board
supervise in Joint Stock Companies?
Selected Answer:
c. The management board
Answers: a. Shareholders general meeting
b. Chairman of the management
board

c. The management board

d. Both b and c
 Question 10
0 out of 5 points
According to the law on enterprises 2020, the cumulative voting can be used to
elect ________________________.
Selected Answer:
a. A director/general director
 Answers: a. A director/general director
b. Chairman of the management
board

c. Members of the supervisory board

d. None of above
 Question 11
0 out of 5 points
According to the law on enterprises 2020, in order to pass annual financial
statements, shareholders general meetings in Joint Stock Companies need to
gain at least approvals of_______________________.
Selected
Answer:
a. Shareholders who hold at least 51% of the total vote
Answers: a. Shareholders who hold at least 51% of the total vote
b. Shareholders who hold more than ½ of the total vote of all
attending shareholders.
c. Shareholders who hold at least 65% of the total vote

d. None of above
 Question 12
5 out of 5 points
According to the law on enterprises 2020, who can nominate candidates for the
management board in Joint Stock Companies?
Selected Answer:
c. Shareholders who hold ordinary and voting preference shares
Answers: a. All shareholders
b. Only shareholders who hold ordinary shares

c. Shareholders who hold ordinary and voting preference shares

d. Only founding shareholders
 Question 13
0 out of 5 points
Thuong is a shareholder of Clinell Joint Stock Company (hereafter Clinell) who is
holding 300 ordinary, 150 voting and 50 redeemable preference shares. In July
2017, Clinell has to select 5 new members of the director board out 9 candidates.
How many vote will Thuong have in this case?
Selected Answer:
b. 2500
Answers:
a. 2250
b. 2500
c. 4050
 d. 4500
 Question 14
5 out of 5 points
In which of the following cases can a shareholder request their Joint Stock
Company to buy back their shares?
Selected
Answer:
a. The shareholder disagrees with the plan to re-organise the
company
Answers:
a. The shareholder disagrees with the plan to re-organise the
company
b. The shareholder disagrees with decisions on the type of shares
offered for sale
c. The shareholder disagrees with the director board
d. All of above
 Question 15
5 out of 5 points
Which of the following shares are not transferable?
Selected Answer:
b. Voting preference shares
Answers: a. Ordinary shares

b. Voting preference shares

c. Dividend preference shares
d. None of above
 Question 16
0 out of 5 points
In a shareholding company, if the board of management fail to convene the
general meeting of shareholders, within the following 30 days, _____________
will replace the board of management in convening the General meeting of
shareholder
Selected Answer:
b. The Supervisory Board
Answers: a. The chairman of board of management
b. The Supervisory Board

c. Shareholder or groups of shareholder who hold 10% of total

shares
d. None of the above
 Question 17
5 out of 5 points
According to the law on enterprises 2014, which of the following can decide the
time to pay off profits to shareholders?
 Selected Answer:
b. Management board
Answers: a. Shareholders general meeting

b. Management board
c. Chairman of management
board
d. Supervisor board
 Question 18
0 out of 5 points
In order to pass a resolution, the management board of joint stock companies
must have approvals of at least _____________________.
Selected Answer:
b. 75% attending members
Answers: a. 75% members
b. 75% attending members
c. 50% attending members

d. None of the above

 Question 19
5 out of 5 points
According to the law on enterprises 2020, who of the following can be an
independent member of management board in a joint stock company?
Selected Answer:
c. A father in law of the chairman of the management board
Answers: a. A wife of the director
b. A brother of the director

c. A father in law of the chairman of the management board

d. A blood father of the chairman of the management board
 Question 20
0 out of 5 points
According to the law on enterprises 2020, ratification of a resolution relating to
reorganisation of a joint stock company must be conducted by___________
Selected Answer:
d. Both a and b
Answers: a. Collecting written opinions

b. Voting at the meeting

c. Collecting opinions via mobile phones
d. Both a and b
 Question 1
0 out of 5 points
According to the law on enterprises 2020, in order to pass a resolution on the
price of shares offered for sale in the first meeting, it needs approvals
of________________ in the following case. The management board of Nuvento
Joint Stock Company has 7 members including Ngoc, Thuy, Hien, Trang, Nguyet,
An and Quynh. Thuy and An are unable to attend the meeting while Ngoc
disagrees with the resolution .
Selected Answer:
d. Both b and c
Answers:
a. The resolution cannot be
ratified
b. Quynh, Hien, Trang
c. Nguyet, Hien and Trang
d. Both b and c
 Question 2
5 out of 5 points
According to the law on enterprises 2020, which owners will be liable for the debt
in the following case? Viet Cuong Partnership Company had 4 general partners
including Toan, Huong, Nghia and Van. In 2015, Toan decided to withdraw his
contributed capital and Van transferred her contributed capital to Nam. In March
2016, Vietinbank requested the company to pay off the 5 billion dong loan from
2014.
Selected Answer:
c. Toan, Huong, Nghia and Nam
Answers: a. Huong, Nghia and Nam
b. Toan, Huong, Nghia and Van

c. Toan, Huong, Nghia and Nam

d. Toan, Huong, Nghia, Van and
Nam
 Question 3
0 out of 5 points
According to the law on enterprises 2020, who will be liable for the debt in the
following case? Thanh was the owner of Thien Thanh Private Enterprise. In
January 2015 due to personal issues, Thanh was unable to manage the
enterprise. Therefore she sold the enterprise to Binh. In September 2015, Binh
borrowed 200 million dong from An on behalf of the enterprise which had not been
 returned by March 2016. In January 2016, Tuan was appointed to help Binh
operate the enterprise.
Selected Answer:
a. Thanh
Answers: a. Thanh

b. Binh
c. Tuan
d. Tuan and Binh will jointly be liable for the
debt
 Question 4
5 out of 5 points
According to the law on enterprises 2020, in Joint Stock Companies, shareholders
who hold__________________________ cannot decide matters of the companies.
Selected Answer:
c. Dividend preference shares
Answers: a. Ordinary shares
b. Voting preference shares

c. Dividend preference shares

d. None of above
 Question 5
0 out of 5 points
According to the law on enterprises 2020, which of the following has the right to
decide on buyback of 15% of ordinary shares sold in Joint Stock Companies?
Selected Answer:
b. The management board
Answers:
a. Shareholders general meeting
b. The management board
c. Chairman of the management board
d. Director or general director
 Question 6
5 out of 5 points
According to the law on enterprises 2020, directors/general directors will be
responsible to __________________in Joint Stock Companies.
Selected Answer:
b. The management board
Answers: a. The Shareholders general meeting

b. The management board

 c. The Chairman of the management board
d. Inspectors
 Question 7
0 out of 5 points
According to the law on enterprises 2020, who may be restricted to transfer their
shares to others who are not founding shareholders within 3 years since the
establishment date in Joint stock companies?
Selected Answer:
b. Shareholders who hold voting preference shares
Answers: a. Shareholders who hold ordinary share
b. Shareholders who hold voting preference shares

c. Founding shareholders
d. None of above
 Question 8
5 out of 5 points
According to the law on enterprises 2020, in order to decide buyback of shares,
the management board needs at least approvals of____________________ in the
following case. The management board of Dusagi Joint Stock Company has 5
members including Khanh, Hoang, Vuong, Nhu and Huyen. Nhu and Khanh are
unable to attend the meetings while Vuong disagrees with the decision.
Selected Answer:
b. Hoang and Huyen
Answers: a. The resolution cannot be
ratified

b. Hoang and Huyen

c. Hoang
d. Huyen
 Question 9
5 out of 5 points
According to the law on enterprises 2020, who will the supervisory board
supervise in Joint Stock Companies?
Selected Answer:
c. The management board
Answers: a. Shareholders general meeting
b. Chairman of the management
board

c. The management board

d. Both b and c
 Question 10
0 out of 5 points
 According to the law on enterprises 2020, the cumulative voting can be used to
elect ________________________.
Selected Answer:
b. Chairman of the management
board
Answers: a. A director/general director
b. Chairman of the management
board

c. Members of the supervisory board

d. None of above
 Question 11
0 out of 5 points
According to the law on enterprises 2020, in order to pass annual financial
statements, shareholders general meetings in Joint Stock Companies need to
gain at least approvals of_______________________.
Selected
Answer:
b. Shareholders who hold more than ½ of the total vote of all
attending shareholders.
Answers: a. Shareholders who hold at least 51% of the total vote
b. Shareholders who hold more than ½ of the total vote of all
attending shareholders.
c. Shareholders who hold at least 65% of the total vote

d. None of above
 Question 12
5 out of 5 points
According to the law on enterprises 2020, who can nominate candidates for the
management board in Joint Stock Companies?
Selected Answer:
c. Shareholders who hold ordinary and voting preference shares
Answers: a. All shareholders
b. Only shareholders who hold ordinary shares

c. Shareholders who hold ordinary and voting preference shares

d. Only founding shareholders
 Question 13
0 out of 5 points
Thuong is a shareholder of Clinell Joint Stock Company (hereafter Clinell) who is
holding 300 ordinary, 150 voting and 50 redeemable preference shares. In July
2017, Clinell has to select 5 new members of the director board out 9 candidates.
How many vote will Thuong have in this case?
Selected Answer:
 b. 2500
Answers:
a. 2250
b. 2500
c. 4050
d. 4500
 Question 14
5 out of 5 points
In which of the following cases can a shareholder request their Joint Stock
Company to buy back their shares?
Selected
Answer:
a. The shareholder disagrees with the plan to re-organise the
company
Answers:
a. The shareholder disagrees with the plan to re-organise the
company
b. The shareholder disagrees with decisions on the type of shares
offered for sale
c. The shareholder disagrees with the director board
d. All of above
 Question 15
5 out of 5 points
Which of the following shares are not transferable?
Selected Answer:
b. Voting preference shares
Answers: a. Ordinary shares

b. Voting preference shares

c. Dividend preference shares
d. None of above
 Question 16
0 out of 5 points
In a shareholding company, if the board of management fail to convene the
general meeting of shareholders, within the following 30 days, _____________
will replace the board of management in convening the General meeting of
shareholder
Selected Answer:
b. The Supervisory Board
Answers: a. The chairman of board of management
b. The Supervisory Board

c. Shareholder or groups of shareholder who hold 10% of total

 shares
d. None of the above
 Question 17
0 out of 5 points
According to the law on enterprises 2014, which of the following can decide the
time to pay off profits to shareholders?
Selected Answer:
a. Shareholders general meeting
Answers: a. Shareholders general meeting

b. Management board
c. Chairman of management
board
d. Supervisor board
 Question 18
0 out of 5 points
In order to pass a resolution, the management board of joint stock companies
must have approvals of at least _____________________.
Selected Answer:
b. 75% attending members
Answers: a. 75% members
b. 75% attending members
c. 50% attending members

d. None of the above

 Question 19
5 out of 5 points
According to the law on enterprises 2020, who of the following can be an
independent member of management board in a joint stock company?
Selected Answer:
c. A father in law of the chairman of the management board
Answers: a. A wife of the director
b. A brother of the director

c. A father in law of the chairman of the management board

d. A blood father of the chairman of the management board
 Question 20
5 out of 5 points
According to the law on enterprises 2020, ratification of a resolution relating to
reorganisation of a joint stock company must be conducted by___________
Selected Answer:
b. Voting at the meeting
Answers: a. Collecting written opinions

b. Voting at the meeting

c. Collecting opinions via mobile phones
d. Both a and b