QUESTION: 53

Which of the following statements is incorrect in relation to written resolutions?

Written resolutions may only be passed by private companies.
In most cases, a written resolution may be used instead of holding a general meeting.
A written resolution can be used in place of an ordinary or special resolution.
A written resolution is only valid when it has been signed by all those who were entitled to attend and vote at company meetings.

Answer(s): D

Zed plc wishes to issue £500,000 of shares on terms that the holders will receive a dividend before the other shareholders and they will be bought back by the company in 12 months' time. Which of the following best describes these shares?

Ordinary shares
Redeemable ordinary shares
Preference shares
Redeemable preference shares

Answer(s): D

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QUESTION: 55

On the basis of the National Minimum Wages Act 1998, what is the age range for the lowest national minimum wage entitlement?

workers aged 16-18
workers aged 16-17
workers aged 15-17
workers aged 16-19

Answer(s): B

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QUESTION: 56

Which of the following has overall responsibility for enforcing the Health and Safety at Work Act 1974 and its related legislation?

i) The Health and Safety Commission

ii) The Health and Safety Executive

iii) The Health and Safety Inspectorate

(i) only
(ii) only
(iii) only
(i) and (ii) only

Answer(s): A

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QUESTION: 53

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QUESTION: 56