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Verge Ltd Has Issued the Following Shares Which Have Equal

Question 10

Multiple Choice

Verge Ltd has issued the following shares which have equal voting rights:
Class A: 100 shares
Class B: 100 shares
Class C: 100 shares
Class D: 100 shares
What type of company is Verge Ltd?


A) It is unknown as the provisions of the constitution have not been revealed.
B) A public company limited by guarantee.
C) A listed no liability company.
D) A proprietary company.
E) A public company limited by shares.
F) An incorporated association.

Correct Answer:

verifed

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