Froggy Jumps BCC Investment QuizVersion en ligne Test your knowledge about BCC as a form of investment! par 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
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