A public limited company has the rights and duties of an individual because it?
has a board of directors
has a trading certificate
has corporate status'
has a memorandum of association
is so stated in articles of association
Correct answer is C
No explanation has been provided for this answer.
Which of the following is true about cumulative preference shares?
Any unpaid dividend is carried forward
The shareholders can obtain a capital refund
They are entitled to further share in profit
Any unpaid dividend is forfeited
The dividend declared is accumulated in a reserve account
Correct answer is A
No explanation has been provided for this answer.
Called-up capital is the amount?
paid on allotment
paid ontirstcall
paid on appilication
demanded on shares issued
paid-up on all shares
Correct answer is A
No explanation has been provided for this answer.
Which of the following enables production to take place ahead of demand?
Transporting
Advertising
Importing
warehousing
Exporting
Correct answer is D
No explanation has been provided for this answer.
Which of the following must be include in the Articles of Association?
Voting rights of the shareholders
The objects of the business
The address of the registered office
Statement that liability is limited
List of types of shares
Correct answer is A
No explanation has been provided for this answer.