Barry and Fiona Each Own 15 000 Shares in the Texas

question 24

Multiple Choice

Barry and Fiona each own 15 000 shares in the Texas Company Ltd. If Barry sells her shares directly to Fiona:

• A) the Texas Company share capital remains the same.
• B) the Texas Company share capital decreases.
• C) the Texas Company share capital increases.
• D) the Texas Company bank increases.

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