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Discuss the legal implications of being a shareholder in private and public companies in Jamaica. Explain 3 advantages and 3 disadvantages of preference shares. Discuss

  1. Discuss the legal implications of being a shareholder in private and public companies in Jamaica.
  2. Explain 3 advantages and 3 disadvantages of preference shares.
  3. Discuss the principle of law that states that dividends must not be paid out of capital but only out of profits.
  4. State five differences between debentures and shares.
  5. State the differences between a fixed and a floating charge. Which of the two types of charges is preferable and why?

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