篩選結(jié)果 共找出680題

?Which of the following is correct concerning the market value of a company's shares??

A

?Market value must be greater than nominal value?

B

?Market value must be lower than nominal value?

C

?Market value equals nominal value?

D

?Market value may be equal, greater or lower than nominal value?

Which TWO of the following statements regarding preference shares are correct?

?(1) A company is compelled to pay dividends on preference shares every financial year??

(2) Preference shares do not normally entitle the shareholder to vote in company meetings?

(3) Preference shareholders usually have a right to have their capital returned in the event of a liquidation?ahead of ordinary shareholders?

(4) In the event of a liquidation, preference shareholders have the right to share in any surplus assets?ahead of the ordinary shareholders?

A

?1 and 2?

B

?2 and 3?

C

?2 and 4?

D

?3 and 4?

With regard to share capital, which of the following constitutes a variation of class rights??

A

?Issuing shares of the same class to allottees who are not already members of the class?

B

?Returning capital to preference shareholders?

C

?Subdividing shares of another class with the incidental effect of increasing the voting strength of that?other class?

D

?Changing the amount of dividend payable to a class of preference share?

Which of the following is true regarding the power of directors to allot shares??

A

?Directors of private companies with one class of share have the power to allot shares unless?restricted by the articles?

B

?Directors of all private companies have the power to allot shares unless restricted by the articles?

C

?Directors of private and public companies with one class of share have the power to allot shares?unless restricted by the articles?

D

?Directors of all private and public companies have the power to allot shares unless restricted by the?articles?

Pre-emption rights are granted in which of the following situations??

A

?A company proposes to allot ordinary shares wholly for cash?

B

?A company proposes to allot ordinary shares?

C

?A company proposes to allot preference shares wholly for cash?

D

?A company proposes to allot preference shares?

Which of the following statements regarding payment for shares is correct??

A

?Public company shares must always be paid for in cash?

B

?At the time of allotment, a public company must receive payment of at least 50% of the nominal value?of the shares?

C

?A private company may allot shares for inadequate consideration by accepting goods or services at?an over-value?

D

?A private company must have non-cash consideration independently valued before accepting it as?payment for shares?

Which TWO of the following are valid uses of a share premium account??

(1) To issue fully paid shares under a bonus issue??

(2) To pay issue costs and expenses in respect of a new share issue?

?(3) To issue fully paid shares under a rights issue?

?(4) To purchase treasury shares?

A

?1 and 2?

B

?1 and 4?

C

?2 and 3?

D

?2 and 4?

?There are a number of ways in which investors can take an interest in a company and such different interests?have different rights attached to them.

?Which of the following NORMALLY participate in surplus capital??

A

?Preference shares?

B

?Ordinary shares?

C

?Debentures secured by a fixed charge?

D

?Debentures secured by a floating charge?

It is not unusual for some company investments to carry cumulative dividend rights.?

Which of the following statements about the declaration of cumulative dividends is correct??

A

?They are not paid until profits reach a certain percentage?

B

?They are paid in the form of a bonus issue?

C

?They are paid out of capital?

D

?They are paid when profits are available for that purpose?

?Ho subscribed for some partly paid-up shares in Io Ltd. The company has not been successful and Ho has?been told that when Io Ltd is liquidated, he will have to pay the amount remaining unpaid on his shares.?However, he is not sure to whom such payment should be made.

?In limited liability companies, shareholders are liable to which party for any unpaid capital??

A

?Creditors?

B

?The directors?

C

?The company?

D

?The liquidator?