18164378
Beschreibung
Quiz von adriana calles, aktualisiert more than 1 year ago
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Erstellt von adriana calles
vor fast 5 Jahre
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Frage 1
Frage
Do shares represent the holder's ownership of the company's assets?
Antworten
- True
- False
Frage 2
Frage
We can identify 3 functions for shares:
Antworten
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Fraction of the legal capital of the company
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Represent company's property
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Measure investor's interest
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Being a type of property
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Enjoyment of rights and interest of directors
Frage 3
Frage
To ha allotted shares we need to do the following:
Antworten
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register the name of the investor in the company's register of members
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contract between company and investors to sell shares
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shareholder acquires the legal title to the share
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the investor acquired the right to be included in the company's register
Frage 4
Frage
what is the nominal capital?
Antworten
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The actual monetary value of your share
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The maximum amount of shares the company can rise without formalities
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The value of the shares alloted by the company without premium
Frage 5
Frage
Could a company issue a share at a discount? (Ooregum Gold Mining)
Antworten
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Yes
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No
Frage 6
Frage
Exception where rescission CAN'T be applied (Oakes): mark 3
Antworten
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Parties cannot be restored to their original position
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The contract has been affirmed
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Directors' interests are at stake and will be affected
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The allottee waited too long after discovering the misrepresentation
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An order of a re-selling has been made
Frage 7
Frage
Ordinary shares don't entitle you to vote. Only Preference shares.
Antworten
- True
- False
Frage 8
Frage
Members who hold at least X % of the shares of the class being varied have the right to object within 21 days
Antworten
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5%
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10%
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15%
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20%
Frage 9
Frage
If you are a member but you aren't attached to any class right. The rights and benefits conferred to the individual as a member but not attached to any particular class of shares qualify as class rights.
Antworten
- True
- False
Frage 10
Frage
(Greenhalgh v Arderne Cinemas) subdividing a share, meaning that the owners will have more voting power is:
Antworten
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An alteration of class right
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An alteration of enjoyment of rights
Frage 11
Frage
If a genuine share certificate happens to be an erroneous statement, it's not enforceable (San Francisco)
Antworten
- True
- False
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