Which of the Following Persons or Entities Is Entitled to Buy

question 44

Multiple Choice

Which of the following persons or entities is entitled to buy shares in XYZ Ltd?

• A)XYZ Ltd
• B)ABC Ltd, a subsidiary of XYZ Ltd
• C)A director of XYZ Ltd
• D)Any person or entity

---

Definitions:

Required Reserves

Required reserves refer to the minimum amount of funds that a bank must hold in reserve against deposits, as mandated by central banking regulations to ensure bank liquidity.

Excess Reserves

The reserves that banks hold over and above the regulatory requirements set by the central bank or banking regulator.

Excess Reserves

Banking reserves exceeding the reserve requirement set by a central bank, not lent out to the bank's clients.

Interest Rate

The fee, shown as a percent of the original amount, that a borrower must pay to a lender to borrow money or other resources.