Which of the Following Types of Capital Reduction Are Not

question 4

Multiple Choice

Which of the following types of capital reduction are not expressly authorised by the Corporations Act?

• A)those following a share buyback
• B)cancellation of redeemable preference shares that have been redeemed out of profits
• C)those involving a cancellation of previously forfeited shares
• D)cancellation of paid-up capital that is lost or not represented by available assets

---

Definitions:

Subjective Attributes

Characteristics or features of a product or service that are based on personal opinions, tastes, or feelings rather than objective measures.

Temporal States

Conditions or states that are temporary and subject to change over time, often used in psychology and philosophy discussions.

Information Sources

Various means from which information can be obtained, including books, journals, websites, and expert interviews, among others.

Personal Sources

Information sources that are personal in nature, such as recommendations from friends or family, influencing a consumer's decision-making process.