State the extent of Dee and Eff's liability regarding the dividend payment
【参考答案及解析】
Dee and Eff will be liable as directors (for declaring unlawful dividends) and as shareholders (who knew or had reasonable grounds to believe the dividend was unlawful) because the dividend paid was in excess of the company's distributable profit.
Dee and Eff will be liable as directors (for declaring unlawful dividends) and as shareholders (who knew or had reasonable grounds to believe the dividend was unlawful) because the dividend paid was in excess of the company's distributable profit.