If a Company Has Not Reached a Minimum Subscription Level

question 9

True/False

If a company has not reached a minimum subscription level within 90 days of the date of the disclosure document, the money paid in by applicants must be refunded by the company within 1 month in accordance with the requirements of ss 724(1) and (2) of the Corporations Act.

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Definitions:

Stress-related Illness

Health problems directly or indirectly caused by stress, including psychological and physiological conditions.

High-pressure Sales Environment

A sales setting where intense pressure is applied on sales staff to secure customer purchases at a potentially aggressive pace.

Acquaintances

Individuals one knows but with whom one is not particularly close, usually part of one's wider social circle.

Stress Resistance

The ability of an individual to withstand or manage stress without succumbing to its negative effects on mental and physical health.