Allotment of shares Study guides, Revision notes & Summaries

Business Law and Practice - Allotment of Shares

FAC1601 Assignment 3 (DETAILED ANSWERS) Semester 2 2023 - DUE 2 October 2023 100% TRUSTED workings, explanations and solutions. For assistance call or us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . The following information pertains to The Roses CC and covers questions 1 – 9: David and Patrick are the only members of a Close Corporation trading as The Roses CC (Roses CC). They both have an equal interest of 50% each in the CC. The CC has a 28 February financial year-end. You have been appoint...

QUESTION 1 – Regulated Activity Regulated activity? 1. Is the firm of solicitors in business? 2. Is there a specified investment? 3. Is there a specified investment activity? 4. Is there an exclusion? 1. Are you in business – yes, client. 2. Specified Investment: means common examples Investment Details Shares (equities) Corporate debt Bonds, loan stock, debenture stock, debentures Gilt Government debt – issued by the treasury Alternative finance investment bonds Islamic financ...

Contents 1 Shareholders and Company Meetings.......................................................................................................................2 2 Directors, Board Committees and the Company Secretary........................................................................................6 3 Duties of Directors...................................................................................................................................................13 4 Capacity and ...

PARTNERSHIPS: What is a partnership? s.1(1) Partnership Act 1890 Partnership = persons carrying on business with a view to profit. – May form a partnership irrespective of contrary intention. A partnership is formed once the definition is satisfied, not when a decision to form a partnership is made. Existence of partnerships: s.1(1) PA 1890 No formality is needed to establish a partnership so a partnership can be formed without the specific intent of the parties to form one. s.2(3) ...

BCOR 3100- ALL QUIZZES LATEST 2023 GRADED A+ What does the abbreviation "IPO" stand for? Initial Public Offering Investing in stock is an equity investment; so the company pays the investor back in interest payments. FALSE! A ___ order to buy or sell a stock becomes a ___ order once the specified price occurs. Stop, Market According to the Forbes article, investment banks such as Goldman Sachs seeks people with math, technology, software and data analytics skills over well rounded trading s...

MRL2601 - ENTREPRENEURIAL LAW BOOK.CHAPTER 3: CORPORATE FINANCE 65 registration of the security and transfer, while sections 52 to 55 apply to uncertificated securities.121 The company must issue a certificate evidencing securities which must contain the prescribed information and must be signed by two persons authorised by the board. 122 Upon transfer of the shares, the certificate must be endorsed with a number in order to identify the preceding holder of the shares. Any transfer must b...

Exam pack memo aue2601 2022 Auditing Theory and Practice (University of South Africa) lOMoARcPSD| 1 Assignment 1 is compulsory and due 21 st August 09 (study guide topics 1 3 4) - counts towards final module mark Assignment 2 is compulsory and due 25 th September 09 (study guide topic 5) - counts towards final module mark Assignment 3 is NOT compulsory and doesn't count towards final mark 3 self assessment Exam = 2 hours, consisting of : 70% - questions at Level 1 (knowledge an...

A strong open followed by strong close will allow trader to do what? - Answer Buy on a pullback after next open. A weak close after strong open will allow trader to do what? - Answer Sell short near following open Highs and lows occur where during the day? - Answer Most often at the open Large opening gaps imply what about the day? - Answer Greater volatility Pivot point calculation - Answer P = (H+L+C)/3 R1 = 2P-L S1 = 2P-H R2 = (P-S1)+R1 S2 = P-(R1-S1) Weaknesses of Candlest...

FAC1601 Assignment 2 Semester 1 S - The study-notes marketplace © CTM Tutoring All rights reserved +19 1. 4 If a company receives more applications than there are shares available for issue, the company has an over-subscription for its shares and the money of the unsuccessful applicants must be refunded. Bank = 125 000*2.5= 312 500 Application and allotment = 125 000* 2.5 = 312 500