If a Company Is Listed in the Australian Securities Exchange

question 6

True/False

If a company is listed in the Australian Securities Exchange and shareholders fail to pay the amount due on allotment,the shares forfeited must be refunded in full to defaulting investors.

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Definitions:

Business Model Canvas (BMC)

A one-page plan that divides the business model into nine components in order to provide a more thorough overview.

Offering

A product, service, or idea that is put forth for consideration or sale to the public or a specific market segment.

Value Proposition

A statement that clearly outlines what value a product or service provides to a target demographic, distinguishing it from competitors.

Niche Market

A small market segment that consists of customers with specific needs and requirements.