CLL534
Question: _______ represents a unit of a member interest in a companycompany.
Answer: share
Question: _____ has the discretion to decide how many shares it will allot to an applicant.
Answer: The Company
Question: After allotment, every company has within__________to prepare the share certificates for dispatch to the allotees.
Answer: two months
Question: Where Mrs. Zak, a shareholder is omitted from the register of a company, or is wrongly entered, on the register of members she may apply to court for ___________ of the Register.
Answer: Allotment
Question: The document a company issue person it borrows money from to finance its business and is documents called _____________.
Answer: debenture
Question: The type of share that has no special rights attached to them is called ______
Answer: preferential
Question: When an owner of shares dies and his shares are inherited by his personal representatives or heirs, this is called _______.
Answer: rectification
Question: A person can become a member of a companyby.
Answer: all of the above
Question: Section ________ of the Nigerian Investment Promotion Commission Act, 2004 permits non-Nigerians to invest in any creativity in Nigeria that is not prohibited.
Answer: 20
Question: A private company may restrict the transfer of its shares by
Answer: all of the above
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