In Respect to the Issue of Shares by Companies, Which

question 7

Multiple Choice

In respect to the issue of shares by companies, which of the following statements is incorrect?

• A) Companies can convert ordinary shares into preference shares.
• B) Companies can only issue ordinary shares.
• C) Companies can issue any specified number of shares at any price.
• D) Companies can issue both ordinary and preference shares.

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Definitions:

Authentic Leaders

Leaders who are genuine, transparent, and trustworthy in their management practices, often inspiring loyalty and engagement within their teams.

Free-Rein

A management style where employees or team members are given a lot of freedom to determine how to complete their work or projects.