题目

Give four examples of undistributable reserves. 

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Chapter17Capitalmaintenanceanddividendlaw

 Share premium account  

Capital redemption reserve  

A surplus of accumulated unrealised profits over accumulated unrealised losses (revaluation reserve)  

Any reserve which the company is prohibited from distributing by statute or by its constitution or any law. 

多做几道

 Define money laundering. 

What is placement? 

 What are the two most important grounds for compulsory liquidation? 

 Name two advantages of administration. 

Name three common effects of liquidations. 

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