題目

Which of the following differences between share capital and debentures is correct??

A

?Dividend payments on shares is tax-deductible, interest payments on debentures is not tax-deductible?

B

?Interest payments on debentures is mandatory, dividend payments on shares is discretionary?

C

?In the event of liquidation, shareholders are paid their investment back before the debentureholders

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Chapter16Loancapital

Interest on debentures must be paid and is tax-deductible. Dividends are only paid if the directors?declare them and payment is not tax-deductible. In the event of liquidation, debentureholders have?their investment repaid before anything is returned to the shareholders.

多做幾道

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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