If a company issues new ordinary shares for cash, the general rule is that:
A、The shares must first be offered to existing members in the case of a public but not a private company.
B、The shares must first be offered to existing members whether the company is public or private.
C、The shares must first be offered to existing members in the case of a private but not a public company.
D、The shares need not be issued to existing members.
A、The shares must first be offered to existing members in the case of a public but not a private company.
B、The shares must first be offered to existing members whether the company is public or private.
C、The shares must first be offered to existing members in the case of a private but not a public company.
D、The shares need not be issued to existing members.
【参考答案及解析】
The shares must be first offered to existing members whether the company is public or private.
The shares must be first offered to existing members whether the company is public or private.