What is the usual purpose of a company’s registered office?
Correct answer: B. To receive official communications and notices
- A. To record the personal assets of directors
- B. To receive official communications and notices
- C. To approve every contract made by managers
- D. To determine the market price of shares
Explanation
The registered office is the official address where statutory notices and communications may be served. It does not record directors’ private property or determine share prices.
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About Company Law Basics
Company law covers incorporation, separate legal personality, limited liability, shares, the memorandum and articles of association, and the powers and duties of directors. It also includes shareholder meetings, resolutions, company records, audit, winding up and the differences between a registered company, partnership and sole proprietorship.
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