Shareholder rights Study guides, Revision notes & Summaries

QUESTION 1 [20] 1.1 The Memorandum of Incorporation of Generators Unlimited (Pty) Ltd provides that only the board of directors, or any director authorised by the board, has the power to conclude contracts on behalf of the company. It also states that any transaction that exceeds R10 million must first be authorised by the company’s shareholders at a general meeting by way of an ordinary resolution. One of the directors, Nthabiseng, is authorised by the board of directors to conclude con...

Test Bank for Fundamentals of Financial Management 16e 16th Edition by Eugene F. Brigham, Joel F. Houston. ISBN-13: 7574 Full Chapters test bank included Part 1: Introduction to Financial Management Chapter 1: An Overview of Financial Management Putting Things in Perspective 1-1: What is Finance? 1-2: Jobs in Finance 1-3: Forms of Business Organization 1-4: The Main Financial Goal: Creating Value for Investors 1-5: Stockholder–Manager Conflicts 1-6: Stockholder–Debtholder Confl...

RSK 4802 EXAM PACK 2022 JANUARY /FEBRUARY 2016 QUESTION1.1 ai) Risk management is an important process because it empowers a business with the necessary tools so that it can adequately identify and deal with potential risks. Once a risk has been identified, it is then easy to mitigate it. In addition, risk management provides a business with a basis upon which it can undertake sound decision-making. -For a business, assessment and management of risks is the best way to prepare for even...

Test Bank for Fundamentals of Financial Management 16e 16th Edition by Eugene F. Brigham, Joel F. Houston. ISBN-13: 7574 Full Chapters test bank included Part 1: Introduction to Financial Management Chapter 1: An Overview of Financial Management Putting Things in Perspective 1-1: What is Finance? 1-2: Jobs in Finance 1-3: Forms of Business Organization 1-4: The Main Financial Goal: Creating Value for Investors 1-5: Stockholder–Manager Conflicts 1-6: Stockholder–Debtholder Conflicts 1-7: Bala...

Fundamentals of Cost Accounting, 6e (Lanen) Chapter 1 Cost Accounting: Information for Decision Making 1) The value chain comprises activities from research and development through the production process but does not include activities related to the distribution of products or services. Answer: FALSE Explanation: The value chain comprises activities from research and development (R&D) through the production process and including distribution and customer service. Difficulty: 1 Easy Topic:...

Test Bank for Fundamentals of Financial Management 16e 16th Edition by Eugene F. Brigham, Joel F. Houston. ISBN-13: 7574 Full Chapters test bank included Part 1: Introduction to Financial Management Chapter 1: An Overview of Financial Management Putting Things in Perspective 1-1: What is Finance? 1-2: Jobs in Finance 1-3: Forms of Business Organization 1-4: The Main Financial Goal: Creating Value for Investors 1-5: Stockholder–Manager Conflicts 1-6: Stockholder–Debtholder Conflicts 1-7: Bala...

LML4806 EXAM PACK 2023 QUESTIONS AND 100% VERIFIED ANSWERS CORRECT GRADE A+ QUESTION 1 1.1 Exclusive Properties (Pty) Ltd (the company) has four shareholders, each holding 25% of the voting rights in the company. All of the shareholders are also directors of the company. The Memorandum of Incorporation of the company has not changed the default position in terms of the Companies Act 71 of 2008 regarding the threshold required to pass ordinary resolutions. The company h...

Icaew law chapter 7Share - correct answer A member’s stake in a company's share capital Name the two most common types of shares - correct answer Preference shares and ordinary shares Describe a share - correct answer A transferable form of personal property, carrying rights and obligations, by which the interest of a member of a company limited by shares is measured. Shareholder - correct answer A member of a company who holds one or more shares Define redeemable share - cor...

Coupon Rate - Correct answer-The interest rate that a company promises to pay on bonds Market Rate - Correct answer-The interest rate on other comparable bonds Par Value - Correct answer-The amount payable on maturity of the bond Market rate - Correct answer-Same as YTM - Yield to Maturity Gordon Growth Model - Correct answer-Assumes stable growth rates and does not incorporate risk CAPM Model - Correct answer-Allows to determine expected return on stocks and incorporates risk How do pu...

Business and Society: Stakeholders, Ethics, Public Policy 17e 17th Edition by Anne Lawrence, James Weber, Vanessa D. Hill and David M. Wasieleski. Full Chapters test bank included PART ONE: Business in Society  Chapter 1: The Corporation and Its Stakeholders  Chapter 2: Managing Public Issues and Stakeholder Relationships  Chapter 3: Corporate Social Responsibility and Global Citizenship  Chapter 4: Business in a Globalized World  PART TWO: Business and Ethics  Chapter 5: Ethics and ...