Capital Raising Methods for Businesses

Debt capital, self-funding, and crowdfunding

Debt capital, self-funding, and equity capital (correct)

Debt capital, equity capital, and donation capital

Debt capital, equity capital, and self-funding

The executors claimed a sum of £2,873.12 from the liquidator after the company went into liquidation (correct)

The House of Lords held that the provision authorising the company to purchase its own shares was effective

The executors of Whitworth sold 533 shares to the company for £3,305, the purchase price to be paid within three years from the date of the sale

The company paid the full purchase price to the executors of Whitworth before going into liquidation

All of the above (correct)

To avoid directors or majority shareholders reducing the amount payable to creditors before winding up

To ensure that creditors are paid first in the winding up process

To limit the company's ability to distribute dividends

<p>The rationale of the decision was that the creditors had no right to rely on the capital of the company undiminished by any expenditure outside the limits</p> Signup and view all the answers

<p>A statement made by each of the directors that the company satisfies the solvency test in relation to the transaction</p> Signup and view all the answers

<p>The company could purchase its own shares from any person willing to sell it at a price not exceeding the then marketable value thereof</p> Signup and view all the answers