Which Statement Concerning Shares Is Not True

question 45

Multiple Choice

Which statement concerning shares is not true?

• A) Sometimes shares can be bought back by the company from its shareholders.
• B) The directors can issue shares at any price, the limiting factor is what the market will pay.
• C) Under changes to the Corporations Act shares can no longer be issued payable in instalments.
• D) Directors may decide to issue ordinary shares, preference shares or both.

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Definitions:

Adaptive Challenges

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Leadership Voices

The unique ways in which leaders express their vision, values, and strategies to inspire and guide their teams toward achieving collective goals.

Trait Approach

A theory of leadership that suggests leaders possess certain inherent traits that distinguish them from non-leaders.

Leader Member Exchange

A theory in leadership research that focuses on the relationship and interactions between a leader and their individual team members, suggesting that higher quality relationships lead to better outcomes.