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Buster and Foster Each Own 30 000 Shares in Rebound

Question 6

Multiple Choice

Buster and Foster each own 30 000 shares in Rebound Company Ltd. If Buster sells his shares directly to Foster:


A) the share capital for Rebound Company decreases.
B) the share capital for Rebound Company increases.
C) the share capital for Rebound Company remains the same.
D) the bank account for Rebound Company increases.

Correct Answer:

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