Question

32 C CHECK-UP from the list Fil in the blanks with the correct terms f Allotment Byfaws Common stock Distributed Dividends Founder's shares Legal entity Organisational structure Preferred shares Property 1 our company doesn't yet exist in the eyes of the law. 2 We've purchased some buildings and machinery We some 3 And we've planned the way it will be put together, we've planned the 4. We've also decide on the plan for giving out the shares. The shares has been determtod 5 The rules of the company have not been written we have no 6 A few shares for assistance in setting up the company will be issued we issue some 7. And some of the office will be issued shares which give them special rights of to both profits and to company property. They'll receive . 8 But most of the shareholders will receive the most usual type of partial ownership In a company. They'll hold 9 All of these people will of course, receive portions of the profits. They' be paid 10. I don't know when the shares will be given out. I can't say when they

Answer 1

1) Our company doesn't yet exist in the eyesof the law , it isn't a Legal entity

2) We have purchased some building and machinery , we have some property.

3)And we've planned the way it will be put together , we've planned into organizational structure.

4)we've also decided on the plan for giving out of shares , the allotment of shares has been determined.

5)The rules of company have not be written we have no bylaws yet.

6)A few shares for assistance in setting up the company will be issued , we'll issue some Founder shares.

7) And some of the office will be issued shares which give them special  rights to both profits and company property.They'll receive common stock

8)but most of the shareholders will receive the most usual type of partial ownership in a company they'll hold preferred shares.

9)All of these people ofcourse receive portion of the profits.They'll be paid dividends.

10) I dont know when the shares will be given out , i cant say when they be distributed