What are preference shares?
A) shares giving the holder preferred rights
B) shares that can be redeemed at the request of the holder
C) shares that bear no dividends
D) shares that are dividend bearing
Correct Answer:
Verified
Q2: What is a bonus issue of shares?
A)
Q3: What is the nominal value of a
Q4: Can class rights be varied?
A) yes
B) no
C)
Q5: What are class rights?
A) rights belonging to
Q6: What are redeemable shares?
A) shares giving the
Q8: What is the meaning of cumulative dividend?
A)
Q9: The presumption of equality of shares means
Q10: The case of Colonial Bath v Whinney
Q11: A shareholder can sell his shares
A) with
Q12: Company profits can be distributed to shareholders
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