篩選結(jié)果 共找出680題

Identify which concerns the amount of money a company has received for the shares held by?shareholders

State the rules concerning the minimum amount of issued and paid-up share capital of a public?company

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?In 20X5 two newspaper companies, Kudos Ltd and Lux Ltd, entered into an agreement in an attempt to?safeguard their independent positions. Under the agreement, Kudos Ltd purchased 20% of Lux Ltd's?preference shares which carry a preferred dividend of 10%.?

The board of directors of Lux Ltd have recently become disenchanted with their link with Kudos Ltd and?want encourage Kudos Ltd to sell its preference share in the company. To do this, the board of Lux Ltd?proposes to reduce the dividend on all preference shares to 5%.?

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【論述題】

?State what is meant by the term class rights?

?Explain the rules relating to the variation of class rights and whether Kudos Ltd can prevent the?reduction of the preference dividend?

In the context of debentures, which of the following must be created using a debenture trust deed?

A

Debenture stock

B

A single debenture

C

Register of debenture holders

D

Series debentures

?Which of the following is true regarding the borrowing powers of companies??

A

?All companies registered under the Companies Act 2006 have an implied power to borrow?

B

?The members of public companies registered under the Companies Act 2006 must authorise the?company to borrow?

C

The Companies Act 2006 sets a maximum limit on the amount each type of company may borrow?

In relation to debentures issued as a series, which of the following describes the term pari passu??

A

?All debentures rank equally?

B

?Older debentures rank above newer debentures?

C

?Higher value debentures rank above lower value debentures?

Which of the following differences between share capital and debentures is correct??

A

?Dividend payments on shares is tax-deductible, interest payments on debentures is not tax-deductible?

B

?Interest payments on debentures is mandatory, dividend payments on shares is discretionary?

C

?In the event of liquidation, shareholders are paid their investment back before the debentureholders

Which of the following charges on the same asset, all of which have been properly registered, has the?highest priority? Assume all chargeholders are unaware of the other charges.?

A

?A floating charge with a value of ￡5,000 registered on 1 January 20X1?

B

?A fixed charge with a value of ￡2,000 registered on 1 February 20X1?

C

?A floating charge with a value of ￡7,000 registered on 1 March 20X1?

Which of the following events will cause a floating charge to crystallise??

A

?Resignation of the finance director?

B

?The chargee appointing a receiver?

C

?Sale of the assets subject to the charge?