Solved

Under Common Law, a Company

Question 33

Multiple Choice

Under common law, a company


A) may forfeit shares due to misconduct of a shareholder
B) may forfeit shares due to misconduct of a shareholder but only if this is stated in the company's constitution
C) may forfeit shares of a shareholder who is in arrears of payment of a call
D) all of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions