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Am getting stuck in these questions. Kindly help get the right answers for each of them. What statutory protection is offered to a third party
Am getting stuck in these questions. Kindly help get the right answers for each of them.
- What statutory protection is offered to a third party who enters into a contract with a person purporting to act on behalf of a company which is not yet formed?
- Why may a company wish to reduce its share capital? Explain
- For the purposes of the offence of insider dealing, explain what is meant by 'inside information
- What is a 'written shareholders' resolution', and when may a written resolution not be used?
- Explain the legal requirements relating to the age and number of directors in both public and private companies.
- Directors are under a duty to exercise independent judgment. What does this mean?
- Why do floating charge holders frequently include a 'negative pledge' clause in the charge?
- Identify four circumstances in which a company may be wound up by the court.
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