Accounting Multiple Choice Question – 29 April 2020

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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The right to transfer shares in a private company . . . ?

Select ONE answer:

  1. may be restricted.
  2. must be restricted.
  3. cannot he restricted.
  4. None of the above.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

  1. Not correct
  2. Correct – This is the essence of a private company – the Companies Acts require that shares in a private company cannot be freely bought and sold by the public.
  3. Not correct
  4. Not correct

 

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