When an Entity Issues Shares,until Such Time as the Shares

question 37

Multiple Choice

When an entity issues shares,until such time as the shares are allotted,the amount received must be held in trust.It remains in trust (refer s.722 of the Corporations Act) until:

• A) so directed by ASIC.
• B) the shares are issued or transferred; or the money is returned to the applicants.
• C) options are issued over the shares.
• D) the Board of Directors indicate that the received monies are required by the entity.

Explain how the Vroom-Jago model guides leaders in matching leadership style to situation specifics.

Analyze the role of commitment in the effectiveness of leadership decisions.

Evaluate the strengths and limitations of applying the Vroom-Jago leadership model in organizational settings.

Understand the complexity and uncertainties ("the fog of war") in ethical decision-making within entrepreneurial settings.

---

Definitions:

Edit Preferences

The action or process of changing settings or options within a software or system to match user requirements.

Sales on Account

Transactions where goods or services are sold and payment is agreed to be made at a later date.

Make Deposits

The process of putting money into a financial account, which can include cash, checks, or electronic transfers.

Vendors List

A list in accounting or business software that contains details about suppliers and vendors from whom a company purchases goods or services.