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

question 10

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
-Notice of an intention to undertake a share buyback:

• A)must be given in all cases
• B)is required for II, III and IV
• C)is required for II, III, IV and V only
• D)is not required for any type of buyback

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Definitions:

Complex Response

An intricate or multifaceted reaction to stimuli, often involving multiple cognitive and emotional processes.

Shaping

A method of teaching complex behaviors by rewarding closer approximations to the desired behavior.

Operant Conditioning

A learning process in which the strength of a behavior is modified by the behavior's consequences, such as reward or punishment.

Premack Principle

A principle in psychology which states that more probable behaviors will reinforce less probable behaviors.