Which section of the Corporations Act provides that a company must not pay a dividend unless:(a) the company's assets exceed its liabilities immediately before the dividend is declared and the excess is sufficient for the payment of the dividend; and(b) the payment of the dividend is fair and reasonable to the company's shareholders as a whole; and(c) the payment of the dividend does not materially prejudice the company's ability to pay its creditors.Group of answer choices

Australian law concerning how a company can pay a dividend is highly complex.Which of the following IS NOT one of the criteria directors must satisfy: Group of answer choicesThe dividend does not materially prejudice the company's ability to pay its creditorsThe dividend is fair and reasonable to the company's shareholders as a wholeThe company has sufficient net assets;Current ratio is at least 2:1

What is dividend ? Discuss the law relating to payment of dividend by companies?

Dividend policies in practice vary across companies based on:a.Industry norms and competitive factorsb.Regulatory requirements and tax implicationsc.Cash flow availability and future investment opportunitiesd.All of the above

Which of the following is responsible for deciding whether a dividend is paid...Which of the following is responsible for deciding whether a dividend is paid by a company?Question 1Answera.International Accounting Standards Board.b.Directors of the company.c.Auditors of the company.d.Creditors of the company.

Factors determining dividend policy include:a.Profitability and liquidity of the companyb.Stock price and market conditionsc.Taxation laws and regulatory requirementsd.All of the above