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