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In terms of the Companies Act, every company must keep a register of its members. This must have an index if the number of members
In terms of the Companies Act, every company must keep a register of its members. This must have an index if the number of members exceeds 50 (unless the register itself is in alphabetical order). Which of the following does the register not need to show, in respect of each member: Select one: a. name and address b. amount paid up on the shares c. distinctive numbers of the shares d. gender of shareholder When a company is floated, a number of other expenses, in addition to the costs of making an issue of shares, arise. These preliminary expenses would include the following: Select one: a. the cost of printing, distributing and advertising the prospectus and printing the share certificates b. the payment of the annual duty on incorporation c. fees paid to engineers and surveyors and other professional experts for their reports that are to appear in the prospectus d. All of the above. There are four main classes of debentures. Which of the following is not one of the main classes: Select one: a. mortgage debentures b. naked or simple debentures c. redeemable debentures d. floating debentures A venturer should disclose the aggregate amount of the following contingencies Select one: a. any contingencies that the venturer has incurred in relation to its interests in joint ventures, and its share in each of the contingencies that have been incurred jointly with other venturers b. Both a) and b). c. None of the above d. the venturer's share of the contingencies of the joint ventures for which it is contingently liable
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