题目

Which TWO of the following are advantages of using a debenture trust deed? 

(1) The deed creates a charge or charges over the company's assets which creates security 

(2) A single trustee of the debentureholders is appointed so the company only has to deal with one person 

(3) Debentures covered by a debenture trust deed have a higher priority of repayment on liquidation than debentures not covered by a deed 

(4) The process of selling a debenture covered by a debenture trust deed is substantially faster than the process of selling a debenture not covered by a debenture trust deed. 

A

 1 and 2 

B

 1 and 4 

C

 2 and 3 

D

 3 and 4 

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Chapter16Loancapital

A debenture trust deed creates security for the debentures via charges. A single person (a trustee) is appointed. This means the company only has to deal with one person rather than a number of individual debentureholders. Debentures covered by a debenture trust deed do not have a higher priority of repayment and are not necessarily faster to sell.

多做几道

Which of the following is a remedy available under the civil law? 

A

A fine 

B

 Imprisonment 

C

 Damages

All criminal law cases begin in which of the following courts?

A

The County Court

B

The Magistrate's Court 

C

The Crown Court

The Queen's Bench, Family and Chancery are all division of which court? 

A

Crown Court 

B

 Supreme Court 

C

High Court

 Which of the following statements concerning cases brought before a Magistrate's Courts is correct? 

A

The case is decided by the Magistrate rather than a jury 

B

Only criminal cases are heard at a Magistrate's Court 

C

Appeals are made directly to the Court of Appeal 

Which of the following offences would only be heard at a Magistrate's Court? 

A

An indictable offence 

B

A summary offence 

C

 A 'triable either way' offence 

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