Lesson 7. Legal Translation Exercise

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| By Smartteachingonl

Smartteachingonl

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Quizzes Created: 8 | Total Attempts: 36,781

Questions: 10 | Attempts: 190 | Updated: Mar 22, 2023

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Choose the term that makes a better translation of the term in bold letters.

Questions and Answers

1.

Tanto los aumentos o disminuciones en la parte variable del capital social, podrán acordarse en Asamblea General Ordinaria de Accionistas
- A.
  
  Resolved
- B.
  
  Agreed
Correct Answer
A. Resolved

Explanation
The correct answer is "resolved". The sentence states that both increases and decreases in the variable part of the share capital can be agreed upon in the General Ordinary Shareholders' Meeting. The word "resolved" implies that these decisions are made and settled in the meeting, indicating that the correct answer is "resolved".

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2.

Sin que ello implique modificación de los Estatutos de la Sociedad.
- A.
  
  Articles of Incorporation
- B.
  
  Rules of the Corporation
Correct Answer
A. Articles of Incorporation

Explanation
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.

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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.
- A.
  
  Delivery of actions
- B.
  
  Issuing of shares
Correct Answer
B. Issuing of shares

Explanation
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."

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4.

En efectivo o en especie
- A.
  
  In cash or in kind
- B.
  
  In money or in species
Correct Answer
A. In cash or in kind

Explanation
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.

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5.

Por la capitalización de primas sobre acciones
- A.
  
  Amounts
- B.
  
  Bonuses
Correct Answer
B. Bonuses

Explanation
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."

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6.

Mediante los mismos requisitos podrá disminuirse el capital variable de la sociedad.
- A.
  
  By the same requisites
- B.
  
  Under the same requirements
Correct Answer
B. Under the same requirements

Explanation
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.

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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.
- A.
  
  Administration Council
- B.
  
  Board of Directors
Correct Answer
B. Board of Directors

Explanation
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.

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8.

Independientemente de
- A.
  
  In spite of
- B.
  
  Regardless of
Correct Answer
B. Regardless of

Explanation
"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.

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9.

Las partes deberán someterse a las autoridades judiciales.
- A.
  
  Submit themselves
- B.
  
  Submit each other
Correct Answer
A. Submit themselves

Explanation
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."

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10.

El vendedor renuncia expresamente al derecho concidido por el artículo...
- A.
  
  Expressly quits
- B.
  
  Expressly waives
Correct Answer
B. Expressly waives

Explanation
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.

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Current Version
Mar 22, 2023

Quiz Edited by
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Mar 19, 2009

Quiz Created by
Smartteachingonl

Lesson 7. Legal Translation Exercise

Tanto los aumentos o disminuciones en la parte variable del capital social, podrán acordarse en Asamblea General Ordinaria de Accionistas

Sin que ello implique modificación de los Estatutos de la Sociedad.

La asamblea ordenará la emisión de las acciones correspondientes como resultado de Aumentos de Capital social provenientes de aportaciones posteriores de los accionistas.

En efectivo o en especie

Por la capitalización de primas sobre acciones

Mediante los mismos requisitos podrá disminuirse el capital variable de la sociedad.

... y serán firmadas por el presidente y el secretario del Consejo de Administración, o por el administrador único en su caso.

Independientemente de

Las partes deberán someterse a las autoridades judiciales.

El vendedor renuncia expresamente al derecho concidido por el artículo...