The case of Colonial Bath v Whinney (1886) 11 App Cas 426 confirmed that a share is a
A) chose in action
B) a property right
C) a statutory right
D) a financial product
Correct Answer:
Verified
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
Q11: A shareholder can sell his shares
A) with
Q12: Company profits can be distributed to shareholders
Q13: A company's share capital can
A) increase
B) decrease
C)
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