Multiple Choice
The presumption of equality of shares means that
A) all shares are equal
B) in the absence of provisions in the articles all shares are considered equal
C) all shares are unequal
D) provision in the articles is needed to make shares equal
Correct Answer:
Verified
Correct Answer:
Verified
Q3: A shareholder can sell his shares<br>A) with
Q4: Company profits can be distributed to shareholders
Q5: The assets of the company are considered<br>A)
Q6: What are redeemable shares?<br>A) shares giving the
Q7: Can class rights be varied?<br>A) yes<br>B) no<br>C)
Q8: What are preference shares?<br>A) shares giving the
Q9: A company's share capital can<br>A) increase<br>B) decrease<br>C)
Q10: What is the nominal value of a
Q11: What are class rights?<br>A) rights belonging to
Q13: What is a bonus issue of shares?<br>A)