FE-1 Company Law Practice Questions - FE-1 Final Examination - First Part Company Law Exam

A key distinguishing feature of the LTD company introduced by the Companies Act 2014 is that:

It must have a two-part constitution comprising a memorandum and articles of association It has a single-document constitution and no objects clause, so the ultra vires doctrine does not restrict its capacity It must have at least two directors at all times It may offer its shares to the public on a regulated market

Correct Answer:

It has a single-document constitution and no objects clause, so the ultra vires doctrine does not restrict its capacity

Access more questions from this quiz

Continue to FE-1 Company Law Practice Questions - FE-1 Final Examination - First Part Company Law Exam for more practice questions and the full quiz experience.

Access More Questions