Under which of these conditions can a company issue shares at discount? (i)A resolution must be passed at a general meeting (ii) The amount of discount must be stated in the resolution (iii) The share must have existed for at least six years (iv) On the order of a court.

A. i, ii and iii only  
B. i, ii and iv only
C. i, iii, and iv only
D. ii, iii and iv only

Show Answer Show Explanation

Correct Answer: A