Lesson 7. Legal Translation Exercise
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Tanto los aumentos o disminuciones en la parte variable del capital social, podrán acordarse en Asamblea General Ordinaria de Accionistas
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Resolved
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Agreed
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About This Quiz
Choose the term that makes a better translation of the term in bold letters.
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- 2.
Sin que ello implique modificación de los Estatutos de la Sociedad.
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Articles of Incorporation
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Rules of the Corporation
Correct Answer
A. Articles of IncorporationExplanation
The phrase "sin que ello implique modificación de los Estatutos de la Sociedad" in Spanish translates to "without implying modification of the Company's Bylaws" in English. Therefore, the correct answer is "Articles of Incorporation" because they are the legal documents that establish the formation and structure of a corporation, including details about its purpose, shareholders, and governance. The phrase suggests that this document does not need to be modified in the given context.Rate this question:
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- 3.
La asamblea ordenará la emisión de las acciones correspondientes como resultado de Aumentos de Capital social provenientes de aportaciones posteriores de los accionistas.
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Delivery of actions
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Issuing of shares
Correct Answer
A. Issuing of sharesExplanation
The given statement suggests that the assembly will order the issuance of shares as a result of increases in social capital from subsequent contributions by shareholders. This means that the assembly will authorize the creation and distribution of new shares to shareholders who have made additional contributions to the company's capital. This process is commonly known as "issuing of shares."Rate this question:
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- 4.
En efectivo o en especie
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In cash or in kind
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In money or in species
Correct Answer
A. In cash or in kindExplanation
The phrase "en efectivo o en especie" is a translation of "in cash or in kind" in Spanish. "En efectivo" means "in cash" and "en especie" means "in kind" or "in species." This phrase is commonly used to refer to different forms of payment or compensation. It suggests that something can be paid for or received either with physical currency or with goods or services instead of money.Rate this question:
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- 5.
Por la capitalización de primas sobre acciones
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Amounts
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Bonuses
Correct Answer
A. BonusesExplanation
The phrase "por la capitalización de primas sobre acciones" translates to "for the capitalization of bonuses on shares." This suggests that the given amounts are related to bonuses rather than any other type of compensation. Therefore, the correct answer is "bonuses."Rate this question:
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- 6.
Mediante los mismos requisitos podrá disminuirse el capital variable de la sociedad.
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By the same requisites
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Under the same requirements
Correct Answer
A. Under the same requirementsExplanation
The phrase "Under the same requirements" is the correct answer because it accurately translates the Spanish phrase "Mediante los mismos requisitos." This phrase suggests that the process of decreasing the variable capital of the company can be done in accordance with the same conditions or criteria that were previously established.Rate this question:
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- 7.
... y serán firmadas por el presidente y el secretario del Consejo de Administración, o por el administrador único en su caso.
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Administration Council
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Board of Directors
Correct Answer
A. Board of DirectorsExplanation
The given text states that the documents will be signed by the president and the secretary of the Board of Directors, or by the sole administrator if applicable. This suggests that the correct answer is "Board of Directors" as it aligns with the mentioned signing authority.Rate this question:
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- 8.
Independientemente de
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In spite of
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Regardless of
Correct Answer
A. Regardless ofExplanation
"Regardless of" is the correct answer because it means the same as "independientemente de" and "in spite of". It is used to indicate that something is not affected or influenced by a particular factor or condition. It implies that no matter what the circumstances are, something will still happen or be true.Rate this question:
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- 9.
Las partes deberán someterse a las autoridades judiciales.
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Submit themselves
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Submit each other
Correct Answer
A. Submit themselvesExplanation
The phrase "Las partes deberán someterse a las autoridades judiciales" in Spanish translates to "The parties must submit themselves to the judicial authorities" in English. The verb "someterse" means to submit or to subject oneself to something. In this context, it is referring to the parties involved in a legal matter submitting themselves to the jurisdiction and decisions of the judicial authorities. Therefore, the correct answer is "submit themselves."Rate this question:
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- 10.
El vendedor renuncia expresamente al derecho concidido por el artículo...
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Expressly quits
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Expressly waives
Correct Answer
A. Expressly waivesExplanation
The correct answer is "expressly waives" because the phrase "renuncia expresamente" in the given sentence translates to "expressly waives" in English. This means that the seller is giving up or relinquishing a right that they have, as stated in the article mentioned.Rate this question:
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Current Version
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Mar 22, 2023Quiz Edited by
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Mar 19, 2009Quiz Created by
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