When a company requests a further payment from shareholders of the unpaid amounts on their shares, it:   Select one: A. makes a call on the shares. B. converts the shares into debentures. C. forfeits the shares. D. makes a further allotment of those shares.

76. Whom of the following is paid at last on the dissolution of a company? A.Reserve creditor B.Equity shareholder C.Preference shareholder D.Debenture holder

True or False. Please explain. Shares cannot be transferred without the consent of the other shareholders.

i. Compare and contrast forfeiture of shares and surrender ofshares. Explain in each case five circumstances under whichshares may be forfeited or surrendered. ii. Differentiate between the following kinds of companies: Statutory and Registered companies

Matching Type. Choose the correct answer in the box provided.  It entitles an employee to receive cash which is equal to the excess of market value of the entity's share over a pre-determined price for a stated number of shares. * These are actually deferred cash dividends. * It is a kind of appropriation for retained earnings supported by the trust fund doctrine. *

Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Corporations are often subject to fewer regulations than partnerships. Shareholders are not personally liable for corporate acts. It does not end with the death of an owner. The president and vice presidents choose the board of directors. Stockholders do not have the power to bind the corporation to contracts. Owners are personally liable for corporate debts. It has many of the same rights as an individual.

State two effects of Forfeiture of shares.

Please assist by providing the correct answer for 1.1,1.2 and 1.3 1.1 There are limitations on the issuing and redemption of redeemable shares. Which ONE of the following is NOT an actual limitation? Select one: a. Redeemable shares cannot be issued if the only shares that the company has issued are redeemable shares. b. Redeemable shares can only be redeemed if they are fully paid-up. c. When redeeming shares, the company must pay fully for them at the time of redemption, unless the terms of redemption provide for a later date. d. Private companies can only issue redeemable shares if authorised by their articles.   1.2 Identify the statement that is correct regarding the paid up capital. Select one: a. If any of the shareholders has not paid amount on calls, such an amount may be called as ‘calls in arrears’. Therefore, paid up capital is equal to the called-up capital plus call in arrears. b. It is that portion of the called up capital which has been actually received from the…

H5. Common shareholders have pre-emptive rights which allow them to ____________________. Group of answer choices a) vote on important matters that affect their interest b) sell their shares to the firm at a pre-determined price c) maintain their proportionate share of ownership in the company d) exercise claims on the firm’s assets prior to preferred shareholders

: Umar applied to a company to buy some shares in April and paid a deposit. He didn’t hear anything from company until November when company sent him a letter of allotment as acceptance and a request for the balance. By this time, Umar had changed his mind and no longer wanted the shares.  Question a.Is Umar bound to buy the shares? Why or why not?