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:

Orientation Programs

Initiatives designed to familiarize new employees with the workplace, its culture, policies, and their specific roles within the organization.

Entry

The act of entering or the point at which one gains access to a place, organization, or system.

Content Tactics

Strategies used to create, publish, and manage content in order to achieve specific business and marketing goals.

Socialization Outcomes

The results or effects of the process by which an individual learns and incorporates the norms and values of a group or society.