题目

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Rizisconsideringincorporatingapubliclimitedcompany.Heiskeentoensurethatthecompanyisfunded correctly,butnotexcessively,andisawarethattheCompaniesActincludesanumberofrulesconcerning sharecapital. 

Hehasbeenadvisedtoconsiderthefollowingtermsinconnectionwithsharecapitalandisseekingyour advice. 

(1)Issuedsharecapital 

(2)Paid-upsharecapital

 (3)Called-upsharecapital 

(4)Authorisedsharecapital 

26

【论述题】

 Identifywhichconcernsthenumberofsharesheldbyshareholders 

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Whichofthefollowingstatementsregardingordinarysharecapitaliscorrect? 

A Dividendsmustbepaidonordinarysharecapitaleveryfinancialyear 

B Onliquidationofthecompany,ordinarysharesentitletheshareholdertohavetheircapitalrepaid aheadofothercreditors  

C Ordinarysharesmayormaynothavevotingrightsattached 

 WhichofthefollowingstatementsregardingparentcompaniesisNOTcorrect? 

A Acompanyisaparentcompanyifitholdsthemajorityofthevotingrightsinanothercompany 

B Acompanyisaparentcompanyifithastherighttoexercisedominantinfluenceoveranother company 

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Whichofthefollowingistrueregardingthechoiceofcompanyname? 

A NonamemaybeoffensiveorsensitiveasdefinedbytheSecretaryofState 

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C Namesthatsuggestaconnectionwithgovernmentarevoid 

D CompaniesthatareregisteredasWelshmustendtheirnamewith'(Cym)' 

 Whichofthefollowingcriteriamustapubliccompanymeetbeforeitcantrade? 

A ItmustobtainatradingcertificatefromtheRegistrarofCompanies 

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C Itmusthaveappointedanauditor 

Asaminimum,howmanymembersmustapubliccompanyhave? 

A 1 

B 2 

C3

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