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Law According to the rule in Trevor v Whitworth (1887) 12 App Cas 409, a company may: Select one: a. Pay dividends out of its
Law
According to the rule in Trevor v Whitworth (1887) 12 App Cas 409, a company may:
Select one:
a.
Pay dividends out of its capital.
b.
Not reduce its issued capital.
c.
Purchase its shares only if its constitution authorises it to do so.
d.
Freely purchase its shares.
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