According to the Companies Act 2006, who is considered a member of a company?

Understanding Shareholder Rights and Meetings

Quiz
•
Other
•
12th Grade
•
Easy

Suzette Scharschmidt
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anyone who works for the company
Anyone whose name is on the company's register of members
Only the directors of the company
Anyone who attends the company's meetings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the primary rights of a shareholder?
To manage the day-to-day operations of the company
To vote on important company matters
To set the company's dividend policy
To hire and fire employees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What document governs the rights and duties of the members of a company?
The Company Charter
The Articles of Association
The Shareholder Agreement
The Board Resolution
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the voting power of a shareholder with 10% of the shares?
5%
10%
20%
50%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are shareholders entitled to receive if the company chooses to distribute profits?
Salaries
Dividends
Bonuses
Interest
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of rights allows shareholders the first opportunity to buy new shares issued by the company?
Voting rights
Pre-emptive rights
Dividend rights
Liquidation rights
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of company typically has fewer shareholders and restricted share transfers?
Public company
Private company
Non-profit company
Government company
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