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Date Submitted: 04/12/2013 10:22 AM

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1.In general,in a private company financing comes from:

A-Capital markets

B-Contributors by the members

C-Securitization

D-In any case share capital

2.Are judicial decisions of ECJ a factor of harmonization of the European (Corporate) Law?

A-No,only treaties,regulations and directives are sources of EU law

B-No,only written law is a source of EU law

C-Yes,judicial decisions of ECJ are a source of EU law

D-Yes,but it is required a specific disposition of the ECJ

3.What is a silent partnership?

4.In general the registration if the company (in the commercial register) will carry out:

A-The incorporation

B-Acquisition of legal personality

C-Attribution of power to members of the board

D-Mere publicity

5.What are the fundamental steps for a merger of a company?

6.The candidate describes the basic structure of Two-Tier Board System.

7.The candidate describes the fundamental rules for the nullity of a company(contained in the 1st directive).

8.For the Council Regulation of the activity of EEIG

A-may make profits for itself

B-has to be ancillary the economic activity of the member

C-may direct a group

D-may exercise the power of management over the activity of the member

9.In general,in the case of the increase of the capital of a company it is necessary(2 conditions):

A-Decision of the general meeting

B-Decision of the board of directors

C-Authorization of the creditors whose claims antedate the publication of the decision

D-Pre-emption right of all the shareholders

10.What are the fundamental characteristics of a SE?