Question Tag: Company Shares

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BL – May 2013 – L1 – SA – Q17 – Company Law

This question tests the authority required for a company to issue different classes of shares.

A company can issue classes of shares only if authorised by its ___________.

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BL – May 2018 – L1 – SA – Q20 – Company Law

Identify the situation where a company cannot acquire its own shares

A company may acquire its own shares in the following circumstances EXCEPT to:
A. Eliminate fractional shares
B. Satisfy the claim of a dissenting shareholder
C. Ensure that the company’s share price does not fall on the stock exchange
D. Comply with a court order
E. Settle or compromise a debt or claim asserted by or against the company

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BCL – Dec2022 – Q3b – Types of capital and the financing of companies

Explain the circumstances under which a company can acquire its own shares.

Required: Identify and explain TWO (2) circumstances in which a company can acquire its own shares. (6 marks)

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BL – May 2013 – L1 – SA – Q17 – Company Law

This question tests the authority required for a company to issue different classes of shares.

A company can issue classes of shares only if authorised by its ___________.

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Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2013 – L1 – SA – Q17 – Company Law"

BL – May 2018 – L1 – SA – Q20 – Company Law

Identify the situation where a company cannot acquire its own shares

A company may acquire its own shares in the following circumstances EXCEPT to:
A. Eliminate fractional shares
B. Satisfy the claim of a dissenting shareholder
C. Ensure that the company’s share price does not fall on the stock exchange
D. Comply with a court order
E. Settle or compromise a debt or claim asserted by or against the company

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You're reporting an error for "BL – May 2018 – L1 – SA – Q20 – Company Law"

BCL – Dec2022 – Q3b – Types of capital and the financing of companies

Explain the circumstances under which a company can acquire its own shares.

Required: Identify and explain TWO (2) circumstances in which a company can acquire its own shares. (6 marks)

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You're reporting an error for "BCL – Dec2022 – Q3b – Types of capital and the financing of companies"

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