Question
ABC Company issues 1000 ordinary shares, each with a price of $100. Anna buys 1 share. Her friend, George didnt buy the share. After one
ABC Company issues 1000 ordinary shares, each with a price of $100. Anna buys 1 share. Her friend, George didnt buy the share. After one year, ABC Company issued 1000 additional shares for $50 each. Georgia decides to buy 1 share, Anna didnt buy any newly issued shares. Who loses and who wins? How much? What is the name of contractual clause that can protect the loser?
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Islamic FinanceA Practical Perspective
Authors: Nafis Alam, Lokesh Gupta, Bala Shanmugam
1st Edition
3319665588, 9783319665580
