Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



#certainties #equity #law
After all, paid-up shares are issued without any distinguishing numbers, so that the issue is an indivisible bulk of intangible fungibles, all share owners being co-owners of the bulk. If one of them purports to transfer 50 or declare a trust of 50, they are not dealing with 50 identifiable units of the bulk but with a fraction of the bulk corresponding to the proportion between the 50 and the total number of shares. It is convenient and natural to refer to numbers of shares rather than to fractions of share capital. The conversion of numbers into fractions creates the necessary certainty.
If you want to change selection, open document below and click on "Move attachment"

pdf

cannot see any pdfs


Summary

statusnot read reprioritisations
last reprioritisation on suggested re-reading day
started reading on finished reading on

Details



Discussion

Do you want to join discussion? Click here to log in or create user.