题目

 IdentifythetypeofchargethatwascreatedoverMillyLtd'stradereceivables 

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Asaminimum,howmanymembersmustapubliccompanyhave? 

A 1 

B 2 

C3

Whichtypeofdividendispaidbytheissueofadditionalshares? 

A Scripdividends 

B Capitaldividends 

C Equitydividends 

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Rizisconsideringincorporatingapubliclimitedcompany.Heiskeentoensurethatthecompanyisfunded correctly,butnotexcessively,andisawarethattheCompaniesActincludesanumberofrulesconcerning sharecapital. 

Hehasbeenadvisedtoconsiderthefollowingtermsinconnectionwithsharecapitalandisseekingyour advice. 

(1)Issuedsharecapital 

(2)Paid-upsharecapital

 (3)Called-upsharecapital 

(4)Authorisedsharecapital 

26

【论述题】

 Identifywhichconcernsthenumberofsharesheldbyshareholders 

WhichTWOstatementsconcerningcompanynamesandpassing-offactionarecorrect? 

(1)OnlytheCompanyNamesAdjudicatorscancreateanewcompanyname,ifoneisneeded,followinga complaintaboutacompanynamethatistoosimilartoanother  

(2)Apassing-offactionwillfailiftheclaimanthasnotsoughtaremedyfromtheCompanyNames Adjudicatorsfirst 

(3)Acompanycanbepreventedbyacourtinjunctionfromusingitsname,evenifitisproperly registered 

(4)Courtscanrefuseaninjunctiontopreventtheuseofacompanynameifthebusinessesare sufficientlydifferentinnature 

A 1and2 

B 1and4 

C 2and3 

D 3and4 

Whichofthefollowingstatementsregardingordinarysharecapitaliscorrect? 

A Dividendsmustbepaidonordinarysharecapitaleveryfinancialyear 

B Onliquidationofthecompany,ordinarysharesentitletheshareholdertohavetheircapitalrepaid aheadofothercreditors  

C Ordinarysharesmayormaynothavevotingrightsattached 

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