1.Right of a member to vote in meeting is a right that attaches to all type of shares issued by a company.

Select one:

True

False

2.I Dream of Jeanne Bhd. is a non-listed public company. The board of directors proposes for the company to buy back its own shares. The proposal is objected by the company secretary on the ground that the company does not fulfill the conditions prescribed by the law.

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True

False

3.Company's shares shall be issued at nominal value.

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True

False

4.A floating charge may crystallize over all the assets subject to it only.

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True

False

5.Gold Teapot Sdn. Bhd. issued its shares in different classes. This fact together with all the rights given to each class of shares shall be stated in the company's constitution.

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True

False

6.A company may purchase its own shares at the stock exchange and if its constitution so authorised.

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True

False

7.Preference shareholder is entitled to be given priority in dividend payment.

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True

False

8.Issued capital is the authorised total number of shares that a company may issue under the law.

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True

False

9.Share certificate will be issued by a company upon request made by the shareholder.

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True

False

10.Share is a personal property of a member in a company and is only transferable with permission from the said company.

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True

False