What is a bonus issue of shares?
A) payments bankers get
B) fully paid-up shares given to existing shareholders free of charge
C) dividends paid in profitable years
D) payments instead of dividends
Correct Answer:
Verified
Q1: The assets of the company are considered
A)
Q3: What is the nominal value of a
Q4: Can class rights be varied?
A) yes
B) no
C)
Q5: What are class rights?
A) rights belonging to
Q6: What are redeemable shares?
A) shares giving the
Q7: What are preference shares?
A) shares giving the
Q8: What is the meaning of cumulative dividend?
A)
Q9: The presumption of equality of shares means
Q10: The case of Colonial Bath v Whinney
Q11: A shareholder can sell his shares
A) with
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