Under the Company Law, a company may purchase its own shares under certain conditions. Which of the following is NOT such a condition？
A. Where the company is to offer its shares to its senior executives
B. Where the company is to reduce its registered capital
C. Where the company is to fix the price of its stocks in the securities market
D. Where the company merges with another company which holds its shares
When Party X and Party Y conclude a contract, which of the following situations leads to a
A. The contract was concluded to evade tax levied by the State
B. The contract was concluded by serious misunderstanding
C. The contract was concluded to cheat Party M
D. The contract violated compulsory provisions of laws and administrative regulations
How is the chairman of the board of directors of a joint stock company appointed？
A. They are appointed by all the promoters of the company
B. They are appointed by the general meeting of the shareholders
C. They are appointed by the board of directors and approved by the general meeting of the shareholders
D. They are appointed by the board of directors
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