Key aspects of UK law – Quiz

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Question 1 of 4

1. Question
Q1. Drag along and Tag along rights are intended to :
- a) Ensure everyone gets to the office party
- b) Are rarely part of the Company’s Articles of Association
- c) Are obligatory under the UK Companies Act
- d) Are set out in the Company’s Articles and are intended to ensure that minorities of shareholders cannot block major decisions
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Question 2 of 4

2. Question
Q2 Company Secretaries have to be :
- a) Company Directors
- b) Professionally trained as Company Secretaries
- c) Be first trained as lawyers and then follow specialist training as Company Secretaries
- d) None of the above
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Question 3 of 4

3. Question
Q3. Proposed Material Transfer Agreements (MTA) from big companies :
- a) Are non-negotiable
- b) Come in a standard international format, so never need reading
- c) Warrant meticulous attention as their first versions can include commitments to the rights over resulting innovations that are disproportionately in favour of the big company
- d) Always involve the transfer of key confidential data
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Question 4 of 4

4. Question
Q4. Setting up a rigorous system of internal reminders to ensure that each and every notice and renewal in a contract are complied with is :
- a) Work for the professionals, and so best left to the lawyers and, when needed, patent agents
- b) An essential internal discipline to avoid ‘own goals’ and accidentally going into default on a key contract by missing a simple renewal
- c) By law is part of the Company Secretary’s responsibilities
- d) An automatic service provided by Companies House
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Key aspects of UK law – Quiz

Key aspects of UK law – Quiz

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