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NEW QUESTION: 1
Which of the following is incorrect in relation to a reduction of capital by a private company?
A. It is not necessary for the company's Articles of Association to authorize a reduction of capital.
B. The company must pass a special resolution to authorize the reduction of capital.
C. The directors must make a solvency statement.
D. The reduction must be approved by the court.
Answer: D

NEW QUESTION: 2
The stock of Southwest Airlines (LUV) is selling for $11.77 in mid-September. An October put on the stock is selling for $1.45 and gives the owner the right to sell the stock for $13.00 prior to its expiration. In this example, the option premium is:
A. $11.77.
B. $13.00.
C. $1.45.
D. $1.23.
Answer: C
Explanation:
Explanation/Reference:
Explanation: The option premium is $1.45, the cost of the option.

NEW QUESTION: 3
Refer to the exhibit. Which three wireless security modes allow the user to enter user and password authentication on a Cisco 9971 IP Phone?

A. AKM
B. LEAP
C. Open
D. Open with WEP
E. EAP-FAST
F. Shared Key
Answer: A,B,E

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