题目

Which of the following is NOT a valid method that a company may use to reduce its share capital according to the Companies Act 2006? 

A

Pay off part of paid-up share capital out of surplus profits 

B

Extinguish liability on partly paid shares 

C

 Buy back fully paid up share capital from shareholders using cash not surplus profit 

D

Cancel paid-up share capital that is no longer represented by assets 

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Chapter17Capitalmaintenanceanddividendlaw

Buying back shares using cash not surplus profit is not a method of reducing share capital permitted by the Companies Act. The other options are valid methods of reducing share capital.

多做几道

Which of the following is a remedy available under the civil law? 

A

A fine 

B

 Imprisonment 

C

 Damages

All criminal law cases begin in which of the following courts?

A

The County Court

B

The Magistrate's Court 

C

The Crown Court

The Queen's Bench, Family and Chancery are all division of which court? 

A

Crown Court 

B

 Supreme Court 

C

High Court

 Which of the following statements concerning cases brought before a Magistrate's Courts is correct? 

A

The case is decided by the Magistrate rather than a jury 

B

Only criminal cases are heard at a Magistrate's Court 

C

Appeals are made directly to the Court of Appeal 

Which of the following offences would only be heard at a Magistrate's Court? 

A

An indictable offence 

B

A summary offence 

C

 A 'triable either way' offence 

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