Answer:
A company may issue shares at a discount i.e at a value below its par value. The following conditions must be satisfied in connection with the issue of shares at a discount :
The shares must be of a class already issued
Issue of the shares at discount must be authorised by resolution passed in the general meeting of company and sanctioned by the company law board.
The resolution must also specify the maximum rate of discount at which the shares are to be issued
Not less than one year has elapsed from the date on which the company was entitled to commence the business.
The shares to be issued at discount must issued within 2 months after the date on which issue is sanctioned by the company law board or within extended as may be allowed by the Company Law Board.
The discount must not exceed 10 percent unless the Company Law Board is of the opinion that the higher percentage of discount may be allowed in special circumstances of case.
Hope this helps
Answer:
Assertive
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Answer:
The answer is D. A resume.
Explanation:
- <u><em>A resume is a formal document that a job applicant creates to itemize their qualifications for a position. A resume is usually accompanied by a customized cover letter in which the applicant expresses an interest in a specific job or company and draws attention to the most relevant specifics on the resume.</em></u>
Answer:
a. It is not preferable for business standards.
Explanation:
A "colloquial pronunciation" refers to an <em>"informal"</em> way of pronouncing words. Such type of pronunciation is used in daily conversations and should not be used in formal settings (such as business setting).
One example of colloquial pronunciation is stating "yeah," instead of "yes." Another example is by stating "wanna," instead of "want to."
So, this explains the answer.
