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  • Quiz 2 Section A Company Law

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    5 views1 page

    Quiz 2 Section A Company Law

    Uploaded by

    Bilal shujaat

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    QUIZ 2

    SECTION A
    COMPANY LAW

    1) What were the principles laid down in the Solomon case (3 marks)

    2) What does ultra vires mean? (2 marks)

    3) What are the characteristics of a share in a company? (3 marks)

    4) Give an example of an offence of moral turpitude (1 mark)

    5) XYZ ltd is breaking even. Its preference shareholders are being given
    dividends while its ordinary shareholders are not. Is this statement true or
    false? (1 mark)

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