TWO PARTS

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.

1. 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 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.

c. Super-Mega Convenience Mart Pty Ltd cannot set up a new business without first registering a new subsidiary company with ASIC.

d. Super-Mega Convenience Mart Pty Ltd cannot setup multiple businesses because it is a proprietary company limited by shares, not a public company.

2.

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.

Which of the following statements is correct:

Select one:

a. Super-Mega Convenience Mart Pty Ltd is a proprietary company limited by shares.

b. Super-Mega Convenience Mart Pty Ltd is a proprietary company limited by guarantee

c. Super-Mega Convenience Mart Pty Ltd is a public company limited by guarantee.

d. Super-Mega Convenience Mart Pty Ltd is a public company limited by shares.