Which of the following statements relating to ordinary shareholders are correct?
I. Ordinary shareholders generally have greater risks than preference shareholders.
II. Ordinary shareholders are the last to receive a distribution if the company is wound up.
III. Ordinary shareholders have a greater opportunity for gain if the company is profitable than preference shareholders.
IV. Ordinary shareholders have the right to vote at meetings of the company.
A) III and IV
B) II and III
C) I, III and IV
D) I. II, III and IV
Correct Answer:
Verified
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