- 20 Marks
Advise Kofi on his right to unpaid 2017 dividends.
Question
Yaw is a shareholder in Tetteh Limited for the past 20 years and has been receiving his dividend as and when declared and paid except for 2017, which other shareholders have been paid. A secretary at the company’s head office informed Yaw on the phone that his annual dividend for 2017 may not be forthcoming due to non-payment for shares.
Required:
(a) Advise Yaw.
(b). State with examples the particulars for registration of charges.
(c). Provide six merits of equity over debt as capital.
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