Which one of the following statements is true about ordinary shares?
A) Ordinary shareholders have unlimited liability.
B) Ordinary Shares are considered to have a fixed maturity.
C) Owners of ordinary shares are guaranteed dividend payment by the company.
D) Owners of ordinary shares have the lowest-priority claim on the company's assets in the event of insolvency.
Correct Answer:
Verified
Q5: Which one of the following statements is
Q6: Which one of the following statements is
Q7: Preference shares are sometimes regarded as a
Q8: Which of the following is not a
Q9: 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
Q13: Which one of the following statements is
Q14: Which of the following statements is not
Q15: The largest holders of equity securities are:
A)households.
B)managed
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