Under What Circumstances Can a Shareholder Share in the Assets

question 73

Multiple Choice

Under what circumstances can a shareholder share in the assets of the company?

• A)When the company has been dissolved
• B)When all monies owed to the company has been repaid
• C)When the directors declare a dividend.
• D)When the company has been wound up and there are assets remaining after all creditors have been paid
• E)Upon the presentation of a creditor's petition for the winding up of the company

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Definitions:

Displacement

In psychology, a defense mechanism where the mind substitutes either a new aim or a new object for goals felt in their original form to be dangerous or unacceptable.

Worthlessness

A feeling of having no value, significance, or importance, often associated with depression and low self-esteem.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Stress-Reduction

Techniques and practices aimed at lowering psychological stress and its physical impacts on the body.