Week 13 - Issue of Shares for Non-cash Consideration Flashcards
1
Q
It is very common for shares to be issued in exchange for what?
A
It is very common for shares to be issued in exchange for property
2
Q
When do problems arise with this?
A
If property is worth less or more than the shares
3
Q
Who decides how much the property is worth?
A
Different for public and private companies
