BCC Investment Quiz

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Test your knowledge about BCC as a form of investment!

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Froggy Jumps BCC Investment QuizVersión en línea Test your knowledge about BCC as a form of investment! por K60 Nguyễn Anh Quân 1 What is a BCC according to Vietnamese law? a A business cooperation contract where profits are shared without creating a new legal entity b A joint-stock company contract c A partnership contract requiring the establishment of a new legal entity 2 Where is the BCC regulated in Vietnamese law? a Law on Enterprises 2020 b Law on Investment 2020 and related guiding documents c Labor Code 2019 3 Who can sign a BCC? a Only foreign investors b Only domestic individuals and organizations c Any individual or organization, whether domestic or foreign 4 Do parties need to establish a new company to execute a BCC? a Yes, they must establish a new joint venture b No, they can directly execute the BCC c No, but they must register as a limited liability company 5 How are the rights and obligations of the parties in a BCC regulated? a They are regulated by the court b They are decided by the government c They are detailed in the contract and by applicable law 6 What is the duration of a BCC investment project inside an economic zone? a No more than 70 years b No more than 50 years c No more than 60 years 7 Can a BCC be extended? a No, it cannot be extended b Yes, if the original contract allows it c No, a new contract must be signed 8 Does a BCC require a specific capital contribution ratio? a Yes, but only for foreign investors b Yes, the law specifies the ratio c No, the parties agree on the contribution ratio 9 What are the essential contents of a BCC? a Objectives, rights, obligations, duration, and financial terms b Financial statements c Government approval letter 10 How are disputes in a BCC resolved? a By the court only b By government intervention c According to the contract agreement or applicable law 11 Can a BCC be terminated before the expiry date? a Yes, with mutual consent or in cases of contract violation b No, it must last until the expiry date c No, it automatically continues until completed 12 Can a BCC be declared invalid? a Yes, if it violates legal regulations b Yes, but only by mutual agreement c No, unless a court intervenes

Froggy Jumps

BCC Investment QuizVersión en línea

Test your knowledge about BCC as a form of investment!

por K60 Nguyễn Anh Quân

What is a BCC according to Vietnamese law?

A business cooperation contract where profits are shared without creating a new legal entity

A joint-stock company contract

A partnership contract requiring the establishment of a new legal entity

Where is the BCC regulated in Vietnamese law?

Law on Enterprises 2020

Law on Investment 2020 and related guiding documents

Labor Code 2019

Who can sign a BCC?

Only foreign investors

Only domestic individuals and organizations

Any individual or organization, whether domestic or foreign

Do parties need to establish a new company to execute a BCC?

Yes, they must establish a new joint venture

No, they can directly execute the BCC

No, but they must register as a limited liability company

How are the rights and obligations of the parties in a BCC regulated?

They are regulated by the court

They are decided by the government

They are detailed in the contract and by applicable law

What is the duration of a BCC investment project inside an economic zone?

No more than 70 years

No more than 50 years

No more than 60 years

Can a BCC be extended?

No, it cannot be extended

Yes, if the original contract allows it

No, a new contract must be signed

Does a BCC require a specific capital contribution ratio?

Yes, but only for foreign investors

Yes, the law specifies the ratio

No, the parties agree on the contribution ratio

What are the essential contents of a BCC?

Objectives, rights, obligations, duration, and financial terms

Financial statements

Government approval letter

How are disputes in a BCC resolved?

By the court only

By government intervention

According to the contract agreement or applicable law

Can a BCC be terminated before the expiry date?

Yes, with mutual consent or in cases of contract violation

No, it must last until the expiry date

No, it automatically continues until completed

Can a BCC be declared invalid?

Yes, if it violates legal regulations

Yes, but only by mutual agreement

No, unless a court intervenes

BCC Investment Quiz

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BCC Investment QuizVersión en línea

por K60 Nguyễn Anh Quân

What is a BCC according to Vietnamese law?

Where is the BCC regulated in Vietnamese law?

Who can sign a BCC?

Do parties need to establish a new company to execute a BCC?

How are the rights and obligations of the parties in a BCC regulated?

What is the duration of a BCC investment project inside an economic zone?

Can a BCC be extended?

Does a BCC require a specific capital contribution ratio?

What are the essential contents of a BCC?

How are disputes in a BCC resolved?

Can a BCC be terminated before the expiry date?

Can a BCC be declared invalid?