Question
1.For the purpose of this question imagine that Super-Mega Convenience Mart Pty Ltd is a company registered with ASIC which runs a chain of convenience
1.For the purpose of this question imagine that Super-Mega Convenience Mart Pty Ltd is a company registered with ASIC which runs a chain of convenience stores and petrol stations.
Imagine now that Super-Mega Convenience Mart Pty Ltd has plans to start a new business called Sugar-Rush Doughnuts. Which of the following statements is correct:
Select one:
a. Super-Mega Convenience Mart Pty Ltd can set up a new business but if it wants to use the name "Sugar-Rush Doughnuts", it will need to register that name.
b. Super-Mega Convenience Mart Pty Ltd cannot set up a new business without first registering a new subsidiary company with ASIC.
c. Super-Mega Convenience Mart Pty Ltd cannot setup multiple businesses because it is a proprietary company limited by shares, not a public company.
d. Super-Mega Convenience Mart Pty Ltd can set up a new business but cannot use the name "Sugar-Rush Doughnuts" because that name is different from the company name registered with ASIC.
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