第四章测试1.
acquisition对应
A:n. the administration of an insolvent debtor’s property by the court for the benefit of the debtor’s creditors B:the condition of having more debts (liabilities) than total assets which might be available to pay them, even if the assets were mortgaged or sold. C:the obtaining of controlling interest in a company D:The acquisition of control or possession (as of a corporation)
答案:C
2.
merger对应
A:the joining together of two corporations in which one corporation transfers all of its assets to the other, which continues to exist. In effect one corporation "swallows" the other, but the shareholders of the swallowed company receive shares of the surviving corporation. B:To determine the liabilities and apportion the assets of esp. in bankruptcy or dissolution C:n. a member of the governing board of a corporation or association elected or re-elected at annual meetings of the shareholders or members. D:To bring to an end by taking care of unfinished business 3.
bankruptcy对应
A:n. the administration of an insolvent debtor’s property by the court for the benefit of the debtor’s creditors B:Ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship C:the joining together of two corporations in which one corporation transfers all of its assets to the other, which continues to exist. In effect one corporation "swallows" the other, but the shareholders of the swallowed company receive shares of the surviving corporation. D:the condition of having more debts (liabilities) than total assets which might be available to pay them, even if the assets were mortgaged or sold. 4.
director对应
A:the condition of having more debts (liabilities) than total assets which might be available to pay them, even if the assets were mortgaged or sold. B:Ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship C: n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. D:n. a member of the governing board of a corporation or association elected or re-elected at annual meetings of the shareholders or members. 5.
dissolve对应
A:Ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship B:To bring to an end by taking care of unfinished business C:The acquisition of control or possession (as of a corporation) D:To determine the liabilities and apportion the assets of esp. in bankruptcy or dissolution 6.
fiduciary对应
A:the obtaining of controlling interest in a company B:To determine the liabilities and apportion the assets of esp. in bankruptcy or dissolution C:The acquisition of control or possession (as of a corporation) D: n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. 7.
insolvency对应
A:the condition of having more debts (liabilities) than total assets which might be available to pay them, even if the assets were mortgaged or sold. B:Ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship C:n. a member of the governing board of a corporation or association elected or re-elected at annual meetings of the shareholders or members. D:n. the administration of an insolvent debtor’s property by the court for the benefit of the debtor’s creditors 8.
liquidate对应
A:the joining together of two corporations in which one corporation transfers all of its assets to the other, which continues to exist. In effect one corporation "swallows" the other, but the shareholders of the swallowed company receive shares of the surviving corporation. B:n. the administration of an insolvent debtor’s property by the court for the benefit of the debtor’s creditors C:To determine the liabilities and apportion the assets of esp. in bankruptcy or dissolution D:the obtaining of controlling interest in a company 9.
takeover对应
A:n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. B:Ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship C:The acquisition of control or possession (as of a corporation) D:the condition of having more debts (liabilities) than total assets which might be available to pay them, even if the assets were mortgaged or sold. 10.
wind up对应
A:To bring to an end by taking care of unfinished business B:n. a member of the governing board of a corporation or association elected or re-elected at annual meetings of the shareholders or members. C:the joining together of two corporations in which one corporation transfers all of its assets to the other, which continues to exist. In effect one corporation "swallows" the other, but the shareholders of the swallowed company receive shares of the surviving corporation. D:n. the administration of an insolvent debtor’s property by the court for the benefit of the debtor’s creditors 11.
Companies occupy a special place in civil law, because they have a legal personality separate from those who invest their capital and labour to run the business. English law recognised long ago that a corporation would have "(1)".
A:vindicated B:legal personality C:shareholders D:good faith 12.
Legal personality simply means the entity is the subject of legal rights and duties. It can sue and be sued. The general rules of contract, tort and unjust enrichment operate in the first place against the company as a distinct entity. Company law, or corporate law, can be broken down into two main fields. Corporate governance in the UK mediates the rights and duties among (2), employees,
A:Directors B:dividends C:exclusion D:shareholders 13.
(3) and directors. Since the board of directors habitually possesses the power to manage the business under a (4).
（3）为
A:exclusion B:creditors C:dividends D:Directors 14.
(3) and directors. Since the board of directors habitually possesses the power to manage the business under a (4).
（4）为
A:good faith B:company constitution C:Directors D:vindicated 15.
UK law is "shareholder friendly" in that shareholders, to the (5) of employees,
A:creditors B:Directors C:exclusion D:vindicated 16.
typically exercise sole (6) in the general meeting.
A:exclusion B:Directors C:creditors D:voting rights 17.
(7) must carry out their responsibilities with competence,
A:Directors B:vindicated C:creditors D:exclusion 18.
in (8) and undivided loyalty to the enterprise.
A:vindicated B:good faith C:dividends D:shareholders 19.
particularly for minority shareholders, directors' duties and other member rights may be (9) in court. Of central importance in public and listed companies is the securities market. The UK strongly protects the right of shareholders to be treated equally and freely trade their shares.
A:creditors B:exclusion C:company constitution D:vindicated 20.
Corporate finance concerns the two money raising options for limited companies. Equity finance involves the traditional method of issuing shares to build up a company's capital. Shares can contain any rights the company and purchaser wish to contract for, but generally grant the right to participate in (10) after a company earns profits and the right to vote in company affairs.
A:creditors B:exclusion C:dividends D:Directors
