Company profits can be distributed to shareholders as dividends
A) on the demand of shareholders
B) when the company is profitable
C) after the company has paid off creditors
D) only on the decision of the company
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
Q10: The case of Colonial Bath v Whinney
Q11: A shareholder can sell his shares
A) with
Q13: A company's share capital can
A) increase
B) decrease
C)
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