Which of the Following Statements Concerning Shares Is Incorrect

question 25

Multiple Choice

Which of the following statements concerning shares is incorrect?

• A) Shares can sometimes be bought back by the company from its shareholders.
• B) Directors may decide to issue ordinary shares, preference shares or both.
• C) The directors can issue shares at any price, the limiting factor is what the market will pay.
• D) Under changes to the Corporations Act all shares must be paid in full upon application.

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Definitions:

Circles

In organizational contexts, groups of employees who meet to discuss and propose solutions to workplace issues.

Virtual Organization

An organization that operates primarily through electronic communication, lacking a physical central location.

Core Competencies

Key strengths or strategic advantages that a business or individual possesses, which are central to their ability to perform effectively and differentiate themselves in the marketplace.

Holacracy

A decentralized management and organizational approach where decision-making is distributed through self-organizing teams rather than through a traditional managerial hierarchy.