Which one of the following statements is not true about ordinary shares?
A) Ordinary shareholders have limited liability.
B) Ordinary shares are considered to have no fixed maturity.
C) Ordinary shareholders have the right to vote on the selection of the board of directors for the company.
D) Owners of ordinary shares are guaranteed dividend payments by the company.
Correct Answer:
Verified
Q8: Which of the following is not a
Q9: Which one of the following statements is
Q10: Which one of the following statements is
Q11: Direct search markets are characterised by:
A)a high
Q12: Traditional preference shares:
A)have a maturity date.
B)pay dividends
Q14: Which of the following statements is not
Q15: The largest holders of equity securities are:
A)households.
B)managed
Q16: The intrinsic value of a preference share
Q17: Which one of the following statements is
Q18: Which one of the following statements is
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