All Practice Exams
100+ Free Corporate & Commercial Law Practice Questions
Uganda LDC Bar Course - Corporate and Commercial Law practice questions are available now; exam metadata is being verified.
✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately
~50% Pass Rate
100+ Questions
100% Free
Loading practice questions...
Same family resources
Explore More Uganda LDC Bar Course
Continue into nearby exams from the same family. Each card keeps practice questions, study guides, flashcards, videos, and articles in one place.
2026 Statistics
Key Facts: Corporate & Commercial Law Exam
50%
Subject Passing Mark
LDC Rules
3 hours
Written Exam Time
LDC Rules
UGX 6M
East African Tuition Fee
LDC 2026
42 days
Charge Registration Deadline
Companies Act 2012
50 CP
Statutory Demand Threshold
Insolvency Act 2011
100
Practice Questions Available
OEP Question Bank
The Corporate and Commercial Law paper is a mandatory core subject of the Uganda LDC Bar Course. It requires a passing mark of 50%. The exam consists of structured essay and problem-solving questions testing corporate structures, governance, financing, contract drafting, and insolvency, backed by the Companies Act 2012, Partnership Act 2010, and Insolvency Act 2011. Candidates must prepare for both written and oral examinations.
Sample Corporate & Commercial Law Practice Questions
Try these sample questions to test your Corporate & Commercial Law exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.
1Under the Partnership Act 2010 of Uganda, what is the maximum number of partners allowed in a partnership formed for the purpose of carrying on a professional practice (e.g., law or accounting)?
A.20 partners
B.50 partners
C.100 partners
D.There is no statutory limit for professional partnerships
Explanation: Section 2(3) of the Partnership Act 2010 of Uganda provides that a partnership consisting of professionals who are members of a professional body may consist of up to 50 partners. For general, non-professional partnerships, the statutory maximum limit is 20 partners.
2Which of the following forms must be submitted to the Uganda Registration Services Bureau (URSB) to register the situation of the registered office and postal address of a company being incorporated?
A.Form 10
B.Form 18
C.Form 20
D.Form 24
Explanation: Form 18 is the statutory notice of the situation of the registered office and postal address, as required under Section 115 of the Uganda Companies Act 2012. It must be filed at incorporation or within 14 days of any change in location.
3A client wishes to incorporate a 'Single Member Company' (SMC) under the Companies Act 2012. What is a key statutory requirement regarding the management structure of an SMC under Section 25 of the Act?
A.The company must have at least two directors who are residents of Uganda
B.The single member must appoint a nominee director and an alternate nominee director to take office upon the member's death or incapacity
C.A Single Member Company is exempt from appointing a company secretary under all circumstances
D.The nominee director must hold at least 10% of the nominal share capital of the company
Explanation: Section 25 of the Companies Act 2012 requires a single member of an SMC to nominate a nominee director and an alternate nominee director. These nominees are registered with URSB to manage the company's affairs in the event of the sole member/director's death or mental incapacity.
4What is the statutory timeline for filing a Return of Allotment of Shares (Form 10) with the Registrar of Companies in Uganda after making an allotment of shares?
A.Within 14 days of allotment
B.Within 30 days of allotment
C.Within 60 days of allotment
D.Within 90 days of allotment
Explanation: According to Section 60(1) of the Companies Act 2012, whenever a company limited by shares makes an allotment of its shares, it must deliver to the Registrar a Return of Allotment (Form 10) within 60 days of the allotment. Failure to file attracts default fines.
5Under the Partnership Act 2010 of Uganda, which of the following is true regarding a Limited Liability Partnership (LLP)?
A.All partners in an LLP have unlimited joint and several liability
B.An LLP is not recognized as a separate legal entity from its partners
C.An LLP must have at least one partner who has unlimited liability (a general partner)
D.An LLP must be registered with the Registrar of Companies and has a separate legal personality from its partners
Explanation: Unlike in some jurisdictions, Section 4 of the Partnership Act 2010 in Uganda defines a Limited Liability Partnership as one that has a separate legal personality, can sue and be sued in its own name, and limits the liability of all its partners to their agreed contribution. Thus, all partners enjoy limited liability, provided registration is complete.
6Which document regulates the internal management of a company and its relationship with its members under the Companies Act 2012 of Uganda?
A.Memorandum of Association
B.Articles of Association
C.Prospectus
D.Shareholders' Agreement
Explanation: Under the Companies Act 2012, the Articles of Association regulate the internal organization and management of the company (e.g., voting rights, director powers, meetings). The Memorandum of Association defines the company's external boundaries, including its name, capital, and objective clauses.
7A foreign company incorporated outside Uganda wishes to establish a place of business in Uganda. Under the Companies Act 2012, which form must it file to register the particulars of its directors and secretary?
A.Form 20
B.Form 24
C.Form 25
D.Form 26
Explanation: A foreign company registering in Uganda must submit Form 24 (List and Particulars of Directors and Secretary of a Foreign Company) under Section 252 of the Companies Act 2012. Form 25 is for the names and addresses of local representatives authorized to accept service, and Form 26 is for the principal office.
8What is the standard stamp duty rate levied by the Uganda Revenue Authority (URA) on the nominal share capital of a company during registration in Uganda?
A.0.1% of nominal share capital
B.0.5% of nominal share capital
C.1.0% of nominal share capital
D.1.5% of nominal share capital
Explanation: Under the Stamp Duty Act of Uganda (as amended), the stamp duty payable on the nominal share capital of a company at the time of incorporation is 0.5%. This is paid to the Uganda Revenue Authority before registration can proceed at URSB.
9Under Section 3(1) of the Partnership Act 2010 of Uganda, what is the minimum number of persons required to form a partnership?
A.One person
B.Two persons
C.Five persons
D.Seven persons
Explanation: A partnership is defined as a relationship that subsists between persons carrying on a business in common with a view of profit. Under the Partnership Act 2010, a partnership must have at least two partners. If the number of partners falls to one, the partnership ceases to exist.
10Under the Business Names Registration Act (Cap 109) of Uganda, when is registration of a business name mandatory for a sole proprietor?
A.Only when the business has an annual turnover exceeding UGX 10 million
B.When the sole proprietor carries on business under a business name which does not consist of his or her true surname without any addition
C.Always, as all businesses in Uganda must register a trade name prior to commencing operations
D.Only if the sole proprietor employs more than 5 employees
Explanation: Under the Business Names Registration Act, registration is required if an individual carries on business under a name that does not consist of their true surname without additions other than their true first names or initials. Carrying on business under their own legal name does not require registration under this Act.
About the Corporate & Commercial Law Practice Questions
Verified exam format metadata for Uganda LDC Bar Course - Corporate and Commercial Law is pending. The practice questions above remain available while official exam length, timing, passing score, fee, and administrator details are reviewed.