Quiz navigation Dashboard / My units / LAWS19032_2221 / Assessment / Invigilated Online Test LAWS19032 End of Term Invigilated Online Test Question 1 Nathan, Donna and Maria invent a new fat toning machine, called "Fat Blaster". Fat Blaster has promising sales 3. 5 6 Not yet answered and in order to better protect their asset, they decide to incorporate a company to own all of the intellectual Marked out of property. 2000 shares are issued to each of Nathan, Donna and Maria and the three become directors of the Finish attempt ... 10.00 new company, "Fat Blaster Pty Ltd" (FB). The directors pay themselves a salary. Time left 3:26:10 Flag. question Over the years Fat Blaster does very well and Nathan, Donna and Maria decide they want expand the business into selling protein shakes and slimming shakes. They issue another 500 shares to each of their friends Tony, Susan, Sam and Rufus who then become new members of FB but they are not directors. The company continues to do well and a dividend is paid to members every year. However, a few years later, the new members, Tony, Susan, Sam and Rufus feel that the directors should be paying a higher dividend. They inform the directors of their wishes. The directors disagree with this and shortly after this disagreement the directors resolve that no dividends will be paid because they need to retain the profit to invest in expanding the business into new markets. Advise Tony, Susan, Sam and Rufus whether they have any remedies as shareholders of Fat Blaster Pty Ltd. PDF LAWS19032 18 L1....pdf PDF LAWS19032 18 L9....pdf PDF LAWS19032 18 L8....pdf Show all