Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Corporations Act 2001 (Cth) provides that a no liability company must: a. Have share capital. b. Have a constitution which provides its sole objects

TheCorporations Act 2001(Cth) provides that a no liability company must:

a. Have share capital.

b. Have a constitution which provides its sole objects are mining purposes.

c. Have no contractual right under its constitution to recover calls made on its shares from a shareholder who fails to pay them

d. Both A and B.

e. All of A, B and C.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Law Of Healthcare Administration

Authors: Stuart Showalter

9th Edition

1640551301, 978-1640551305

More Books

Students also viewed these Law questions

Question

Where is the position?

Answered: 1 week ago