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:

Adulthood Responsibilities

The duties and obligations that are typically expected of an individual upon reaching adulthood, including financial independence, employment, and possibly starting a family.

Stagnant

Showing no activity; dull and inactive, often used to describe water or air that lacks movement and growth.

Well-being

The state of being comfortable, healthy, or happy, encompassing both physical health and emotional satisfaction.

Self-esteem

An individual's subjective evaluation of their own worth or personal value.