Legal Aspect in Business
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Added on 2020-10-19
Legal Aspect in Business
Added on 2020-10-19
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13, Menara Sentral, Penang Street, 10200 Penang. Tel: 04-2621888ASSIGNMENT COVER SHEET Student Name: SHAFINAS BINTI MOHAMED AKHRAM Student ID: SC02200017BAF Course Title: LEGAL ASPECT IN BUSINESS Course Code: LBA5304 Course CRN: Semester / Year: FEB 2020 Lecturer: MR. BALJIT Word Count:1610 words Lecturer’s Comments:(This completed cover sheet must be attached to the front of your assignment)PlagiarismPlagiarism is the misrepresentation of the work of others as one’s own (including ideas, arguments,words, diagrams, images or data). It includes the explicit claim that another person’s work as one’s ownand the failure to adequately acknowledge the sources used. Plagiarism is an academic misconduct andwill be penalized accordingly.DeclarationI certify that this assignment is a result of my own independent work and investigation. The use ofmaterial from other sources has been properly and fully acknowledged in this assignment. Abibliography is appended. I fully understand the consequence of committing plagiarism, and if provenand in the absence if mitigating circumstances, it could include failure in the Year or part of my courseor even withdrawal from the program.I declare that this assignment is in full compliance of the above requirements.Signature: ___shafinas___________________ Date:_12 May 2020____________To score high marks, you must meet the requirements outlined in the assessment criteria. It isattached to your assignment question paper.Late submission might result in mark deduction of marks.
2PAGEINDEX 3-4 QUESTION 2 5-7QUESTION 4 8-9REFERENCES TABLE OF CONTENT 1610 words
3Question 2 Introduction Shares are a person's investment in a business. It refers only to an organization builtwith share capital. Members will add capital to the company and the investor will be issued with shares in exchange.Ordinary shares The ordinary share is the most common form of issued stock. Ideal for parties whowant to have voting privileges, share in the company's income (dividends) anddevelopment (capital). Ordinary investors are entitled to the residual income of acorporation and ordinary shareholders are paying a bonus from chosen shares.When a company earns income, founders and favoured shareholders may notbenefit more than the fixed sum they are entitled to, whereas regular creditors splitthe huge profits and receive and approve the business's yearly financial report.Under law, ordinary shares impose on the shareholder complete voting privileges,requiring the shareholder to take part in the decision-making phase of a business.(Tan,2016)Preference shares Preferential shares do not have voting privileges but do offer an advantage when itcomes to dividends over common shareholders. For dividend distributions,preference owners are granted priority both when the business is operating as wellas in the future while the organization is being liquidated. When the companyreaches administration, preferred stockholders have the option to be paid back fromcorporate properties before common stockholders. Many preferred shares have afixed dividend while common stocks do not. Preference shares are a valuablemethod for buyers to pick medium risks and returns.Redeemable participating preference shares Redeemable preference share is the product that a company will purchase back onobligation basis in the future period. The redeeming quality is sometimes the sameas the issue's level but should not be. It can be redeemed at any moment, at client'sdiscretion. The share will be paid in full for repayment which cannot be seen as a cutin the valuation of business stock resources. This is also achieved for non-votingrights issued to workers such that once the person exits the organization their
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