Law Revision | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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First shareholders of the company are called

Subscribers

Archaic term for Recitals is.........

WHEREAS

An employee can start................procedures against an employer

grievance

A court order that orders the party in breach to stop doing something

injunction

Tax companys pay is called..............tax.(do not use company)

corporation

A liquidator sells the assets of the company, meaning he ...............the assets

realises

Difference between a nominal value and market value is called a...........

premium

Opposite to injured part is a ......................

party in breach

A dividend is..................to the shareholders after being declared.

distributed

Arrears......................on debts (do not use grow)

accrue

Whne too much time has passed we say that the offer ...............

lapsed

miscellanous clauses are called......clauses

boilerplates

A director can be.................if he discloses confidential information( do not use fire)

removed or diqualified

What is the role of an administrator?

Tries to save the company

A promise to cover a loss is called

indemnification

A party can admit a claim or ...............it which means disagree with the allegations

defend

Which businesses have legal entity?

LLP,Ltd,Plc

Another name for takeover of a company

acquisiton

ROT clause means

Retantion of title