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S HARE HO LDERS You and two friends A and B become Shareholders. You are the prima Shareholder with 50% of the shares. A and
S HARE HO LDERS You and two friends A and B become Shareholders. You are the prima Shareholder with 50% of the shares. A and B each have 25% of the shar You have signing authority over contracts. 6. Suppose A and B want to sell their shares. Who can purchase thei shares? [2 marks} ?. Suppose B wants to inspect the corporate records. Where would t records be kept? {1 mark] 8. If one buys shares in the corporation. how can this person prove it shareholder? {2 marks} 9. Who is responsible for declaring dividends? {2 marks} 10. Name 3 shareholder rights. {3 marks]
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