CIMA Exam CIMAPRA17-BA4-1 Topic 8 Question 95 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 95
Topic #: 8

In relation to registering a company limited by shares, which of the following is correct?

AIf the promoters fail to submit Articles of Association to the Registrar of Companies, the company cannot be registered.

BIf the promoters fail to submit Articles of Association to the Registrar of Companies, the provisions of Table A automatically apply.

CIf the promoters fail to submit Articles of Association to the Registrar of Companies, the documents will be returned to the promoters with a request for Articles to be submitted.

DIf the promoters fail to submit Articles of Association to the Registrar of Companies, the company will be registered but will have no Articles of Association applicable to it.

Show Suggested Answer

Suggested Answer: C

by Audrie at Aug 23, 2024, 06:09 AM

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Phil

1 months ago

I bet the Registrar of Companies has a whole drawer just for returned Articles of Association. Talk about job security!

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Ashton

1 months ago

Forget the Articles of Association? Sounds like the promoters need to go back to Business 101!

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Kimbery

3 days ago

C) If the promoters fail to submit Articles of Association to the Registrar of Companies, the documents will be returned to the promoters with a request for Articles to be submitted.

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Pa

7 days ago

B) If the promoters fail to submit Articles of Association to the Registrar of Companies, the provisions of Table A automatically apply.

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Selma

9 days ago

A) If the promoters fail to submit Articles of Association to the Registrar of Companies, the company cannot be registered.

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Thurman

2 months ago

Option D is just ridiculous. A company without any Articles of Association? That's like trying to drive a car without an engine - it's not going to work!

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Isadora

24 days ago

C) If the promoters fail to submit Articles of Association to the Registrar of Companies, the documents will be returned to the promoters with a request for Articles to be submitted.

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Dottie

26 days ago

B) If the promoters fail to submit Articles of Association to the Registrar of Companies, the provisions of Table A automatically apply.

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Alex

1 months ago

A) If the promoters fail to submit Articles of Association to the Registrar of Companies, the company will be registered but will have no Articles of Association applicable to it.

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Noemi

1 months ago

C) If the promoters fail to submit Articles of Association to the Registrar of Companies, the documents will be returned to the promoters with a request for Articles to be submitted.

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Heike

1 months ago

B) If the promoters fail to submit Articles of Association to the Registrar of Companies, the provisions of Table A automatically apply.

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Sheron

1 months ago

A) If the promoters fail to submit Articles of Association to the Registrar of Companies, the company will be registered but will have no Articles of Association applicable to it.

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Ilda

2 months ago

Hmm, I was leaning towards Option C, but now I'm not so sure. These legal questions can be tricky, can't they? I hope the exam doesn't have too many of these!

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Amalia

20 days ago

I know, legal questions can be tricky. Just make sure to review all the options carefully before answering.

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Sophia

26 days ago

C) If the promoters fail to submit Articles of Association to the Registrar of Companies, the documents will be returned to the promoters with a request for Articles to be submitted.

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Wilda

2 months ago

B) If the promoters fail to submit Articles of Association to the Registrar of Companies, the provisions of Table A automatically apply.

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Fernanda

2 months ago

A) If the promoters fail to submit Articles of Association to the Registrar of Companies, the company cannot be registered.

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Margart

2 months ago

I'm not sure, but I think the correct answer is D.

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Arlyne

2 months ago

I disagree, I believe the correct answer is C.

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Lanie

2 months ago

I agree with Ellsworth. Option B is the correct answer, as it ensures the company can still be registered even if the promoters forget the Articles of Association.

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Nickolas

2 months ago

User 2: Yes, I agree. It allows the company to still be registered even if the Articles of Association are not submitted.

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Jean

2 months ago

User 1: I think option B is the correct answer.

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Lawana

2 months ago

I think the correct answer is B.

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Option B seems the most logical choice here. If the promoters fail to submit the Articles of Association, the default provisions of Table A should apply. Not having any Articles of Association at all doesn't make much sense.

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