Basque PAU Business Model Design Practice Questions - Basque Country PAU Business & Business Model Design Examination - UPV EHU (2o Bachillerato 2026) Exam - Basque PAU Business Model Design Practice Questions - Basque Country PAU Business & Business Model Design Examination

Question 1

Under Spanish corporate law, what is the minimum legal share capital required to incorporate a Sociedad Anónima (S.A.) and what percentage must be paid up at the time of incorporation?

€60,000 minimum share capital, with at least 25% paid up upon incorporation. €3,000 minimum share capital, fully paid up at incorporation. €60,000 minimum share capital, 100% paid up upon incorporation. €12,000 minimum share capital, with at least 50% paid up upon incorporation.

Correct Answer:

€60,000 minimum share capital, with at least 25% paid up upon incorporation.

Question 2

What is the primary financial liability characteristic of a sole proprietor (Empresario Individual / Autónomo) in Spain?

Subsidiary liability restricted to real estate properties registered under the commercial registry. Unlimited personal liability, risking both personal and business assets to meet business obligations. Joint liability shared equally among immediate family members. Limited liability capped strictly at the capital contributed to the business account.

Correct Answer:

Unlimited personal liability, risking both personal and business assets to meet business obligations.

Question 3

Following Spain's Law 18/2022 ('Crea y Crece'), what is the current minimum share capital rule for establishing a Sociedad de Responsabilidad Limitada (S.L.)?

No minimum capital requirement, but partners remain personally liable for all corporate debts indefinitely. A fixed non-negotiable minimum capital of €3,000 that must be deposited before notarization. A minimum share capital of €1, provided 20% of profits are set aside into a legal reserve until capital plus reserve reaches €3,000. A minimum capital of €60,000 divided into non-transferable shares.

Correct Answer:

A minimum share capital of €1, provided 20% of profits are set aside into a legal reserve until capital plus reserve reaches €3,000.

Question 4

Which fundamental principle governs voting rights and decision-making in a Worker Cooperative (Sociedad Cooperativa)?

Proportional voting based strictly on the percentage of share capital owned. Weighted voting based on the total annual salary earned by each worker. Exclusive voting power assigned to the external board of directors. Democratic management based on 'one member, one vote', regardless of capital contributed.

Correct Answer:

Democratic management based on 'one member, one vote', regardless of capital contributed.

Question 5

What key ownership condition must be satisfied for a company to be officially registered as a Sociedad Laboral in Spain?

At least 50% of share capital must be owned by permanent employees who work directly for the firm. 100% of share capital must be held by state or local municipal entities. No single non-worker partner may hold more than 10% of total share capital under any circumstance. All employees must hold equal equity stakes and receive identical compensation.

Correct Answer:

At least 50% of share capital must be owned by permanent employees who work directly for the firm.

Question 1

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Prepare with the Basque PAU Business Model Design Practice Questions - Basque Country PAU Business & Business Model Design Examination - UPV EHU (2o Bachillerato 2026) Exam practice quiz. This question bank includes 100 questions covering business, cost, model, startup, and strategy. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Basque PAU Business Model Design Practice Questions - Basque Country PAU Business & Business Model Design Examination - UPV EHU (2o Bachillerato 2026) Exam

This practice set contains 100 questions from the matching question bank and focuses on business, cost, model, startup, and strategy. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

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Basque PAU Business Model Design Practice Questions - Basque Country PAU Business & Business Model Design Examination - UPV EHU (2o Bachillerato 2026) Exam

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