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Business Studies

Types of Partners , Partnership and Companies

Which of the ...

Question

Which of the following companies may issue share warrants?

A

Companies limited by guarantee

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B

Private limited companies

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C

Public limited companies

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D

All of the above

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Solution

The correct option is C Public limited companies
Share warrants can be issued only by a public company limited by shares. The Articles of Association must authorize the company to issue share warrants. Share warrants can be issued only in respect of those shares that are fully paid up.

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