CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 69 Topic 7 Discussion

CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 69 Topic 7 Discussion

BA4 Exam Topic 7 Question 69 Discussion:
Question #: 69
Topic #: 7

Which of the following is not financial assistance for the purchase of a public company's own shares?


A.

A loan by a company outside the ordinary course of business


B.

Allowing the use of a company's assets as security for a loan


C.

The payment of a dividend which has the effect of putting a shareholder in funds and enabling him to purchase the company's shares


D.

Releasing a shareholder from a debt owed to the company


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