Which of the Following Statements About the Maintenance of Capital

question 12

Multiple Choice

Which of the following statements about the maintenance of capital rule is/are true?

• A)Companies must not pay a dividend unless its assets exceed its liabilities.
• B)The relevant section of the Corporations Act is s 245T.
• C)A company may reduce its capital in some circumstances.
• D)All of the above.
• E)A and B only.

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Definitions:

Toddlers

Young children typically aged between one and three years old, characterized by rapid physical and cognitive development.

Secure Sense

A feeling of safety or security often resulting from stable and consistent care, fostering confidence and well-being.

Trust

The confidence or belief in the reliability, truth, ability, or strength of someone or something.

Caregivers

Individuals who provide care and support to others, often family members or clients who are unable to fully care for themselves due to health-related reasons.