TEST SAMPLE
No
1
2
3
4
5
1
2
QUESTION
ANSWER
LAW IN THE BUSINESS ENVIRONMENT
Who does NOT have
Director of Vietnam Social Insurance, Ho Chi
authority to issue legal
Minh City branch
documents
People's Committee of Ho Chi Minh City
Ho Chi Minh City People's Council
Judicial Council of the Supreme People's Court
Which of the followings is a VENUS Company was fined 60 million VND by
criminal offense
the State Securities Commission for disclosing
information not on schedule
MARS Pharmaceutical Company was fined 30
million VND by the inspection of the Ministry of
Health for drug trading without information about
the importer
JUPITER Language center copies content from
other users' videos as teaching materials without
their
All are incorrect
In Vietnam today, what is
Normative Legal documents
the form of the law
Dharma practice
Legal precedent
Court case
What is the function of the
Defining behavioral standards for individuals
law?
Enforcement of state policies
All are incorrect
All are correct
Which of the following
The legal personality of a natural person is
statements is TRUE
his/her capability to have civil rights and civil
obligations.
All lawfully established organizations have legal
status
Legal capacity is the ability of the subject by his
acts to establish and perform the rights and
obligations
Legal normative is not compulsory
LAW ON ENTERPRISE 2020
What type of enterprise that
Single member limited liability company
has the following
owned by the organization
organizational structure:
Single member limited liability company owned
Members' Council - Director by an individual
/ General Director
Multiple-member limited liability company
Partnerships
Sole proprietorship is
Business Registration Agency at the Provincial
registered at
level
District Business Registration Agency
Commune Business Registration Agency
3
4
5
6
7
8
9
No registration required
Which of the following
In case a member gives away part or all of
statements about members in his/her stake to another person, the beneficiary
a multiple-member limited
will become a member of the company
liability company is FALSE In case of the death of a member that is an
individual, his/her heir at law or designated by a
will shall become a member of the company
In case a member that is an individual is declared
missing by the Court, his/her rights and
obligations shall be performed through his/her
asset manager as prescribed by civil lANSWER:.
Their stake can be used to pay off debt
If the owner of the sole
The owner must authorize another person to
proprietorship is arrested and perform his / her rights and obligations
detained
The owner must complete the dissolution
procedures
The owner must carry out the procedures for releasing the enterprise to others
All are correct
Which of the following
After the company declares bankruptcy,
statements about general
general partners are exempt from property
partners is a partnership is
obligations to unpaid creditors.
FALSE
They only have 1 vote when attending the The
Board of Partners meeting
They have the right to manage the company
Unlimited liability for company's property
obligations
Mr.Long is the owner of
The company shall be converted into multipleHưng Long company (A
member limited liability company
single-member limited
Mr.Long's membership will be terminated
liability company). Mr.Long Mr.Hưng will become Director
gives away 20% of the
All are correct
charter capital to Mr.Hưng,
then
Which of the following
Is an enterprise owned by a single owner
statements about SingleIs an enterprise owned only by an individual
member limited liability
Is an enterprise owned only by an organization
company is TRUE
All are incorrect
Which of the following
A limited partner can be an organization or an
statements about limited
individual
member in Partnetship is
A limited partner can be Partnetship's Director
TRUE
A limited partner can conduct business in the
partnership’s name
All are incorrect
The sole proprietorship’s legal The sole proprietorship’s owner
representative is
The sole proprietorship’s director
All are correct
All are incorrect
10
1
2
3
4
5
6
7
8
9
The sole proprietorship is not
allowed to
Contribute capital upon establishment or purchase
shares or stakes of partnerships
Contribute capital upon establishment or purchase
shares or stakes of limited liability companies
Contribute capital upon establishment or purchase
shares or stakes of joint stock companies
All are correct
LAW ON ENTERPRISE 2020
Who are not allowed to
An Army officer
purchase shares of a jointA Disabled person
stock company
A Minors
A Person with limited legal capacity
Dividends in a joint stock
Contribution of the shareholders
company are NOT based on
Professional reputation of shareholders
Management positions (if any) of shareholders
All are correct
The General Meeting of
Holders of participating preference shares
Shareholders in a Joint Stock Holders of super-voting shares
Company is NOT included
Ordinary shareholders
State representative holding super-voting shares
In what case, the General
The meeting is necessary for the company’s
Meeting of Shareholders in
interests
Joint Stock Company shall be Under the demand of group of shareholders that
convend:
holds at least 5% of the ordinary shares (or a
smaller ratio specified in the company's charter)
All are correct
All are incorrect
A joint stock company’s
The total face value of the shares sold
charter capital is
The total amount shares
The total amount of ordinary share
All are incorrect
The election of members of
Cumulative voting
the Board of Directors and the Electoral voting
Board of Controllers in a Joint All are correct
Stock Company shall be
All are incorrect
Which type of the following
Super-voting shares
share is not freely transferable Participating preference shares
Redeemable preference shares
All are correct
Shareholders shall fully pay
90 days from issuance date of the Certificate of
for the subscribed shares in
Enterprise Registration
within
10 days from issuance date of the Certificate of
Enterprise Registration
30 days from issuance date of the Certificate of
Enterprise Registration
50 days from issuance date of the Certificate of
Enterprise Registration
The General Meeting of Shareholders' decision
In what cases a joint stock
company may decrease its
charter capital
10
1
2
3
4
5
6
The company repurchases the sold shares
Charter capital is not fully and punctually
contributed by the shareholders
All are correct
Which of the following
A Joint Stock Company is a most publicly
statements about joint stock
company
company is TRUE
A Joint Stock Company has members limitation
A Joint Stock Company must has at least 2
members
A Joint Stock Company is not allowed to issue
securities
CONTRACT LAW
The seller in the sale
Intellectual property rights of sold property
contract must guarantee the
Guarantee for sold property
buyer:
All are correct
All are incorrect
Consequences of a invalid
The parties shall restore everything to its original
contracts
state
The parties shall return to each other what they
have received
Each party bears the costs incurred
All are correct
Which of the following
Civil Code never govern contractual
statements is FALSE
relationships arising
in commercial activities between the parties
Contracts are free to enter but must not be
contrary to law and social ethics
The parties are not required to agree on the place
of delivery in the goods sale and purchase contract
Business households can participate in a
contractual relationship governed by the Law on
Commerce
Mr. Long is the owner of a
Commercial contract - civil contract
food production business
Civil contract - commercial contract
and has a contract to provide All are commercial contracts
meals for Vietjet flights
All are civil contracts
(contract 1). In addition, Mr.
Long also bought Vietjet air
tickets to travel (Contract 2),
the essence of Contract 1
and Contract 2
"A substantial breach of
Specific performance of contracts
contractual obligations" is
Suspension of performance of contracts
NOT the reason to enforce:
Cancellation of contract
Stoppage of performance of contracts
If the contract is stopped
When one party receives the notice on stoppage
from performance, the
Contract payments
Contracting
7
1
2
3
4
5
contract will be terminated
from the time
The maximum fine level for
a breach of a contractual
obligation is
Contract performance
8% of the value of the breached contractual
obligation portion
12% of the contract value that is violated
Negotiated by the parties
8% of contract value
LABOR CODE
Which of the following
The employee has the right to unilaterally
statements is TRUE
terminate the employment contract without
having a reason
A employment contract is legally valid only when
it is made in writing
An employee does not have the right to go on
strike without the employer's consent
Employers are not required to report payroll
statements to employees at each paycheck
An Employee has the right
Freely choose jobs, workplaces
to
Temporarily shut down the workplace
Assign work to others
Administer and supervise the labor activities of
others
An employee has an
Abide by discipline, labor regulations
obligation to
Implementation of the collective bargaining
agreement
All are correct
All are incorrect
An employer has the right to Employment supervision
Establish employer representative organization
All are correct
All is incorrect
An employer has an
Give commendation and take actions against
obligation to
violations
Temporary shut down the workplace upon
employee's requirement
All right
All are incorrect