question archive Which of the following are common themes in the rules operated by all countries in dealing with companies incorporated with limited liability for their? members? ?1) Ordinary shareholders only participate in profits once interest or dividends have been paid to lenders and preferred shareholders ?2) Dividends may only be distributed out of realised gains ?3) A company may not distribute assets to shareholders if there are insufficient assets to cover the claims of all creditors ?4) Equity is limited to ordinary shares plus distributable reserves A
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Which of the following are common themes in the rules operated by all countries in dealing with companies incorporated with limited liability for their? members?
?1) Ordinary shareholders only participate in profits once interest or dividends have been paid to lenders and preferred shareholders
?2) Dividends may only be distributed out of realised gains
?3) A company may not distribute assets to shareholders if there are insufficient assets to cover the claims of all creditors
?4) Equity is limited to ordinary shares plus distributable reserves
A. All of the above
B. ?2), 3)? & 4) only
C. ?1) &? 4) only
D. ?1), 2)? & 3) only