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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Arlyne

2 days ago

I disagree, I believe the correct answer is C.

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Lanie

4 days 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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Lawana

4 days 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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