Which of the following statements are FALSE? Select all that apply.  A nominee shareholder may not be a company   The ‘chain of corporate entities’ may be located in different jurisdictions or countries

Which of the following statements are FALSE? Select all that apply.  A nominee shareholder may not be a company   The ‘chain of corporate entities’ may be located in different jurisdictions or countries   In Australia, a bearer share certificate can be used to transfer legal and beneficial ownership of an Australian company   A shareholder of a company may hold shares beneficially or as nominee in Australia

Which of the following statements about companies is not true?Group of answer choicesIt can enter into contracts in its own name.It can sue and be sued.It is a separate tax-paying entity.It must be dissolved when a partner dies or retires.

Which of the following statements is false:Group of answer choicesPartnerships are limited to 200 individual partnersA sole trader has unlimited liability as its only one personNone of the statements are falseOnly some companies have their shares traded on the share market

Which of the following statements are true in the context of large corporations? More than one answer may be correct.Multiple select question.The shareholders elect the managers, which then select the board of directorsLarge corporations employ managers to represent the owners’ interests and make decisions on their behalf.The shareholders elect the board of directors.The owners of large corporations are usually directly involved in making day-to-day business decisions.

Which of the following statement is false?