[amp_mcq option1=”A written agreement made by the directors” option2=”Registration under the Companies Act, 2006″ option3=”Act of Parliament” option4=”Grant of Royal Charter” correct=”option1″]<\/p>\n
The correct answer is: A. A written agreement made by the directors<\/strong><\/p>\n A company is a legal entity that is separate from its owners. It can own property, enter into contracts, and sue and be sued. There are a number of ways to create a company, but the most common way is to register it with the government.<\/p>\n To register a company, you will need to file a form with the government and pay a fee. The form will ask for information about the company, such as its name, address, and purpose. Once the company is registered, it will be issued a certificate of incorporation.<\/p>\n A company can also be created by an Act of Parliament. This is a rare occurrence, but it can happen if the government wants to create a company for a specific purpose. For example, the government might create a company to build a new hospital or to provide a public service.<\/p>\n A company can also be created by a grant of Royal Charter. This is the most prestigious way to create a company, and it is only granted to companies that have a special purpose or that are of national importance. For example, the Bank of England was created by a Royal Charter in 1694.<\/p>\n A written agreement made by the directors is not a method of creating a company. A written agreement is a contract, and a contract cannot create a legal entity. A company is a legal entity, and it can only be created by following the procedures set out in the law.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”A written agreement made by the directors” option2=”Registration under the Companies Act, 2006″ option3=”Act of Parliament” option4=”Grant of Royal Charter” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[704],"tags":[],"class_list":["post-34568","post","type-post","status-publish","format-standard","hentry","category-legal-aspects-of-business","no-featured-image-padding"],"yoast_head":"\n