Chapter 4 Flashcards
Professional duties of the entrepreneur
Which of these books is not mandatory to hold?
B –> General Ledger
How long shall the businessperson keep the books and records?
D –> 6 years
Who is not obliged to Register in the Business Register?
A –> A sole trader (entrepreneur)
Which Register deals with the names of the companies?
B –> The Business Central Register
Which is the appropriate appellate body for when the Register issues a negative classification?
A –> The Directorate- General for Legal Security and Certification.
A sole trader, who is nor registered in the Business Register, wants to register an act related to powers to confer to a general proxy. Is it possible?
A –> A sole trader cannot register any act in the Business Register unless he has already been registered.
Which is the only means of conveying the authentic nature of entries in the Register?
C –> The Registrar shall issue a certificate.
When are registered documents enforceable to third parties?
D –> From their publication in the BORME.
What does constitutive effectiveness of an act mean?
A –> The act has no validity until it is registered.
What is the system that makes sharing information possible between Mercantile Registries of different member states?
B –> Bris