User Account

All Pages

Consequences for the directors of jv mine

Assignment Help Business Management
Reference no: EM133247355

JV Mine is in some financial difficulty as a result of the problems at its copper mine. Nevertheless the two shareholders, GML and QMNE are hoping to receive a dividend. Although JV Mine did not make a profit in the financial year, its directors decide to pay a dividend of $0.04 per share.

Is this allowed? If the payment of the dividend causes JV Mine to become insolvent, what are the consequences for the directors of JV Mine?

Reference no: EM133247355

Questions Cloud

Explain what is meant at law by apparent : Giving examples from the Corporations Act 2001 (Cth), explain what is meant at law by apparent or ostensible authority.
Explain the content of a progress claim : Crown Build is a medium scale developer in Australia who is currently the Principal (Client) of an on-going construction of a medium scale mix use development p
What is the purpose of members remedies : 1. What is the purpose of members' remedies?
Explain the legal defences available to the issuers : Metal Search N.L. sought to raise capital by the issue of 2 million fully paid shares. The initial price per share was 50 cents. A prospectus was issued and ca
Consequences for the directors of jv mine : Is this allowed? If the payment of the dividend causes JV Mine to become insolvent, what are the consequences for the directors of JV Mine?
What you understand about business intelligence solutions : What do you understand about the Business Intelligence Solutions? What are the benefits of using Business intelligence in start-up companies
Financial rehabilitation and insolvency act : Due to the growing financial difficulties, Onion Bank was unable to finish construction of its 21-storey building on a prime lot located in Makati City. Thus, t
Review and identify a recent proposed rule : Review and identify a recent proposed rule, as well as any comments that have already been submitted on this proposal
Describe the elements of good data backup planning : Define and describe the elements of (a) good Data Backup Planning, (b) good Disaster Recovery Planning, and (c) good Business Continuity Planning

Reviews

Write a Review

Business Management Questions & Answers

  Describe the rationale for your project

It must include a statement of the problem or opportunity that is the aim of your project. It must describe the rationale for your project, why you wish to carry out this research and the benefits that will accrue from its successful conclusion.\

  While cultural differences and bureaucratic paperwork

While cultural differences and bureaucratic paperwork for foreign governments make the prospect of global trade difficult for small businesses, there is one bright spot on the horizon that has brought global trade closer to home. Small business..

  How accurate are organization probability models

Probability in business can be related to pricing. How accurate are organization's probability models?

  Asking for the commitments you earned

Have you ever had a salesperson ask you to purchase before they had done the work to deserve that commitment? Remember how you felt that there

  Performance evaluations or perhaps in audits

Group, your thoughts? Have you seen 'grading rubrics' in your performance evaluations or perhaps in audits or project reviews when assessing performance?

  Differentiate among a desktop app

Differentiate among a desktop app, a web app, and a mobile app. How are each of these similar, and how are they different?

  Discuss how a fast-food restaurant could measure

Discuss how a fast-food restaurant could measure its quality effectiveness using each of the following definitions of quality: product-based

  Low-cost provider strategy and differentiation strategy

How would you characterize Best Buy's competitive strategy? Should it be classified as a low-cost provider strategy? a differentiation strategy?

  Describe small business distribution

Describe small business distribution and explain how "efficiencies" affect channels of distribution.

  Explain how your ideas or solutions to a problem

Explain how your ideas or solutions to a problem are most likely to be acted upon in your workplace.

  Identify an initiative of grounding an organization

Identify an initiative of grounding an organization's activities and verdicts on actual quantified fallouts of performance.

  Implication of the parameter of measurement

1.what is the implication of the parameter of measurement in the application and overseeing of the activities of human resource management?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd