Chapter 4 Flashcards

Professional duties of the entrepreneur

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1
Q

Which of these books is not mandatory to hold?

A

B –> General Ledger

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2
Q

How long shall the businessperson keep the books and records?

A

D –> 6 years

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3
Q

Who is not obliged to Register in the Business Register?

A

A –> A sole trader (entrepreneur)

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4
Q

Which Register deals with the names of the companies?

A

B –> The Business Central Register

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5
Q

Which is the appropriate appellate body for when the Register issues a negative classification?

A

A –> The Directorate- General for Legal Security and Certification.

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6
Q

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 –> A sole trader cannot register any act in the Business Register unless he has already been registered.

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7
Q

Which is the only means of conveying the authentic nature of entries in the Register?

A

C –> The Registrar shall issue a certificate.

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8
Q

When are registered documents enforceable to third parties?

A

D –> From their publication in the BORME.

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9
Q

What does constitutive effectiveness of an act mean?

A

A –> The act has no validity until it is registered.

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10
Q

What is the system that makes sharing information possible between Mercantile Registries of different member states?

A

B –> Bris

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