Company Shares and Capital Structure
Covers various aspects of company shares including types of shares, shareholder rights, share issuance, and accounting treatment
Questions
Question 1 Multiple Choice (Single Answer)
A shareholder who can vote conditionally is a/an __________.
- equity shareholder
- preference shareholder
- member
- none of the above
Question 2 Multiple Choice (Single Answer)
Preference shares are those which carry the preferential as to ___________________.
- The payment of dividend at a fixed rate
- The return of capital on winding up of the company
- Both (A) & (B)
- Either (A) or (B)
Question 3 Multiple Choice (Single Answer)
Which of the following can be treated as type of shares?
- Equity
- Preference share
- Both (A) & (B)
- None of the above
Question 4 Multiple Choice (Single Answer)
Which of the following right may be given to preference shareholders if provided by Articles?
- To participate in the surplus profits remaining after payment of equity dividend
- To receive arrears of dividend at the time of winding up
- To receive premium on redemption of preference shares
- All of the above
Question 5 Multiple Choice (Single Answer)
Which of the following rights may be given to preference shareholder if provided by Articles?
- To participate in the surplus remaining after the equity shares are redeemed in winding up.
- To participate in the surplus profits remaining after payment of equity dividend.
- To receive arrears of dividend at the time of winding up.
- All of the above.
Question 6 Multiple Choice (Single Answer)
Preference share holders have a right to vote on every resolution of a company.
- True
- False
- Partly True
- Partly False
Question 7 Multiple Choice (Single Answer)
Preference shares carry preferential rights with respect to _____________.
- Payment of dividend
- Repayment of capital
- Both (A) & (B)
- Neither (A) nor (B)