Under the Corporations Act, Five Types of Share Buybacks Are $\quad$

question 19

Multiple Choice

Under the Corporations Act, five types of share buybacks are possible:
I. $\quad$ minimum holding buybacks
II. $\quad$ employee share scheme buybacks
III. $\quad$ on-market buybacks
IV. $\quad$ equal access scheme buybacks
V. $\quad$ selective buybacks
-A share buyback must be supported by an ordinary resolution if the 10/12 limit is exceeded for:

• A)II, III, IV and V only
• B)I, II, III and IV only
• C)II, III, and IV only
• D)II and IV only

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Definitions:

Product Complexity

The degree to which a product is difficult to understand, use, or maintain by the average consumer.

Selling Teams

Combinations of sales specialists whose primary duties are order getting, order taking, or sales support but who work together to service important accounts.

Sales Growth

The increase in sales over a specific period, indicating the success and expansion of a business.

Company Sales Force

The team or department within a company responsible for conducting sales and reaching out to customers.