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NEW QUESTION: 1
Alan, Ben, Chris and Debbie are the only shareholders in ABCD Ltd, each holding 100 ordinary £1 shares.
Alan, who is the company's sole director, has recently learned that Ben, Chris and Debbie are intending to remove him as a director by passing an ordinary resolution. In consequence Alan sold his computer to the company in return for 1,000 ordinary £1 shares. The company was in need of a computer, which was of equal value to the 1,000 ordinary £1 shares.
Which of the following is correct?
A. The share issue is invalid as the shares should have been offered to all the existing members first.
B. The share issue is valid as long as Alan has the necessary authority to issue shares.
C. The share issue is valid and Alan may use his 1,100 votes to defeat the resolution proposed by Ben, Chris and Debbie.
D. The share issue is invalid as it has had the effect of manipulating the voting structure within the company.
Answer: D
NEW QUESTION: 2
Your customer wants to allow users to set a minimum of two goals and maximum of five goals in their goal
plan. Where can you configure this for the entire goal plan?
Please choose the correct answer.
Response:
A. In Performance Management XML template
B. In the Admin tools->Manage Templates->Goal Plan
C. In Goal Plan template XML file
D. In the goal execution settings under admin tools.
Answer: C
NEW QUESTION: 3
Section C (4 Mark)
Read the senario and answer to the question.
Assuming that Mahesh owns a building which he insures along with its contents for Rs. 12 lakh. However the market value of the building and its content is Rs. 15 lakh. Assuming that the building along with its contents is partially destroyed by fire and the loss assessed of Rs. 1 lakh what is the amount of money insurance company would pay as claim reimbursement to Mahesh?
A. Rs. 82000
B. Rs. 95000
C. Rs. 80000
D. Rs. 85000
Answer: C
NEW QUESTION: 4
What are IMM dates?
A. The 10th of March, June, September and December.
B. The third Wednesdays of March, June, September and December.
C. The third Wednesdays of January, April, July and October.
D. The Mondays before the third Wednesdays of March, June, September and December.
Answer: B