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What Must Be Present with Respect to Each Class of Shares

Question 8

Multiple Choice

What must be present with respect to each class of shares issued by a corporate entity?


A) the right to receive dividends,to vote,and to share in the proceeds on dissolution
B) the right to receive preference shares,to vote,and to participate in winding up
C) the right to vote,the right to preference on dissolution,and the right to share dividends
D) the right to vote,to receive remuneration,and to share in the proceeds on dissolution

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