1. Huddart Parker &Co Pty Ltd V Moorehead (1909) 8 CLR 330 was an important case because it firmly established the following general legal principle.
A. the Australian Constitution does not confer complete powers on the federal government to regulate all aspects of corporate law.
B. Only states can make laws relating to corporations.
C. only Federal government can make laws relating to corporations.
D. the federal government can only make laws relating to financial corporations
2. Which of the following periodic financial reporting obligation are listed public companies obliged to comply with? Please state which options are correct .
A. Annual financial statements and directors report.
B. Half year financial reports.
C. Audit
Is the answer A A only
A and B
A AND C
A, B AND C
3. Underwriters generally:
A. pay a spread to the issuing firm.
B. provide only best efforts underwriting in the U.S.
C. receive less compensation under a competitive agreement than under a negotiated agreement.
D. market and distribute an entire issue of new securities within their own firm.
E. pass the risk of unsold shares back to the issuing firm via a firm commitment agreement.